Studio · 671 sqftWest Wharf Tower, Business Bay · 4th floor · completed 2013

407, West Wharf Tower

Sold prices and rental history: sold 3 times, last in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 8 November 2017
Last soldAED 1.01M8 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, West Wharf Tower

What is 407 worth today?

Last sold for AED 1,010,000 in 2017

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8 Nov 2017SoldReady
AED 1,010,000AED 1,505 per sqft
19 Feb 2015SoldReady
AED 1,168,377AED 1,741 per sqft
22 Jun 2009Sold by developerOff-plan
AED 1,168,377AED 1,741 per sqft

Source: Dubai Land Department. Updated 8 November 2017.

Key facts

Type
Studio apartment
Size
671 sqft
Floor
4th of 17
Parking
B3-47
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 14,500 /yr
Last sold
AED 1.01M · November 2017

About 407, West Wharf Tower

407 is a studio of 671 sqft on the 4th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 8 November 2017 for AED 1,010,000, or AED 1,505 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in West Wharf Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 959,510; 2013 AED 850,000; 2014 AED 987,500; 2015 AED 966,930; 2016 AED 950,000; 2018 AED 500,000; 2019 AED 480,000; 2022 AED 735,000; 2023 AED 750,000; 2024 AED 770,000; 2025 AED 920,000; 2026 AED 1,005,000Sold by developer, June 2009: AED 1,168,377 (AED 1,741 per sqft)Sold, February 2015: AED 1,168,377 (AED 1,741 per sqft)Sold, November 2017: AED 1,010,000 (AED 1,505 per sqft)

407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in West Wharf Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 76,000; 2015 AED 72,500; 2016 AED 75,000; 2017 AED 71,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 51,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 70,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in West Wharf Tower, and where 407 sits

All 37 studios →

Over the last 12 months studios sold for AED 790,000 to 1,150,000, around AED 1,646 per sqft, and rent for AED 58,564 to 120,000 a year.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 20261,015,000
2 Sep 2026790,000
30 Jul 20261,150,000
7 Jan 2026995,000
4 studio sales in the last 12 months

West Wharf Tower

Building

111 apartments, studios to 5-bed over 17 floors in Business Bay, completed in 2013 by Capital Trust Gulf. 11 sold in the last 12 months.

Typical price per sqft
AED 1,587 Down 3.6%
Typical sale
AED 1.46M
Typical rent
AED 83K /yr
Typical yield
6.9%
West Wharf Tower, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 111 units in West Wharf Tower
Value
4011-bedAED 1.05M · Jan 2025
4021-bedAED 755K · May 2023
4031-bedAED 1.62M · Jun 2009
404StudioAED 480K · Mar 2019
4051-bedAED 1.23M · Sep 2023
406StudioAED 917K · Dec 2024
4081-bedAED 1.45M · Jun 2026
1–7 of 9

407, West Wharf Tower in numbers

  • Sold 3 times: first on 22 June 2009 for AED 1,168,377, last on 8 November 2017 for AED 1,010,000 (AED 1,505 per sqft).
  • Studios in West Wharf Tower sold for AED 790,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,587 per sqft.

Source: Dubai Land Department. Updated 8 November 2017.

Questions about 407, West Wharf Tower

What did unit 407 last sell for?

AED 1,010,000 on 8 November 2017: AED 1,505 per sqft for 671 sqft. The unit has 3 registered sales; the first was AED 1,168,377 in June 2009.

How big is unit 407?

671 sqft (62.3 sqm): a studio on the 4th floor of a 17-storey tower completed in 2013.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in West Wharf Tower sold for AED 790,000 to 1,150,000 in the last 12 months, around AED 1,646 per sqft.

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Mortgage on 407, West Wharf Tower

Starts from the last sale price (AED 1.01M, 8 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →