1-bed · 871 sqftWest Wharf Tower, Business Bay · 4th floor · completed 2013

408, West Wharf Tower

Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 1.45M23 June 2026
Current rentAED 115K /yr24 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, West Wharf Tower

What is 408 worth today?

Last sold for AED 1,450,000 in 2026

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23 Jun 2026SoldReady
AED 1,450,000AED 1,664 per sqft
24 Mar 2026RentedRenewal
AED 115,000/yr3 months · AED 134 per sqft
24 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 116 per sqft
24 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 116 per sqft
24 Mar 2024RentedRenewal
AED 92,000/yr12 months · AED 107 per sqft
24 Feb 2023RentedNew contract
AED 84,923/yr13 months · AED 99 per sqft
20 Feb 2018RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
8 Feb 2017RentedRenewal
AED 110,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
1-bed apartment
Size
871 sqft
Floor
4th of 17
Parking
B3-46
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.45M · June 2026

About 408, West Wharf Tower

408 is a one-bedroom apartment of 871 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 23 June 2026 for AED 1,450,000, or AED 1,664 per sqft, in line with the AED 1,682 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 24 March 2026, is AED 115,000 a year: a gross yield of 7.9% on the 2026 price, before the service charge of about AED 18,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in West Wharf Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,354,188; 2014 AED 1,345,100; 2015 AED 1,417,825; 2016 AED 1,313,600; 2021 AED 700,000; 2022 AED 932,500; 2023 AED 900,000; 2024 AED 1,100,000; 2025 AED 1,370,000; 2026 AED 1,476,000Sold by developer, June 2009: AED 1,065,734 (AED 1,223 per sqft)Sold, June 2026: AED 1,450,000 (AED 1,664 per sqft)

408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in West Wharf Tower
75K100K20152018202120242027Typical rent by year: 2015 AED 95,000; 2016 AED 94,373; 2017 AED 88,500; 2018 AED 80,000; 2019 AED 76,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 63,500; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,000New contract, February 2015: AED 110,000 a yearNew contract, February 2016: AED 110,000 a yearRenewal, February 2017: AED 110,000 a yearNew contract, February 2018: AED 90,000 a yearNew contract, February 2023: AED 84,923 a yearRenewal, March 2024: AED 92,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2026: AED 115,000 a year

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

1-beds in West Wharf Tower, and where 408 sits

All 40 1-beds →

408 last sold in June 2026 at AED 1,664 per sqft, in line with what one-beds in West Wharf Tower were fetching at the time (AED 1,682). Over the last 12 months one-beds sold for AED 1,450,000 to 1,700,000, around AED 1,664 per sqft, and rent for AED 67,000 to 115,000 a year. 408's AED 115,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 202614,890
23 Jun 20261,476,000
12 Feb 20261,700,000
7 Oct 20251,500,000
4 1-bed 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
407StudioAED 1.01M · Nov 2017
1–7 of 9

408, West Wharf Tower in numbers

  • Sold twice: first on 22 June 2009 for AED 1,065,734, last on 23 June 2026 for AED 1,450,000 (AED 1,664 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 84,923 in 2023 and recovered to AED 115,000 by March 2026.
  • At AED 115,000 a year the gross yield on the 2026 price is 7.9%, before a service charge of about AED 18,800 a year (AED 21.62 per sqft).
  • One-beds in West Wharf Tower sold for AED 1,450,000–1,700,000 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 23 June 2026.

Questions about 408, West Wharf Tower

What did unit 408 last sell for?

AED 1,450,000 on 23 June 2026: AED 1,664 per sqft for 871 sqft. The unit has 2 registered sales; the first was AED 1,065,734 in June 2009.

What is the rent for unit 408?

AED 115,000 a year on the contract renewed on 24 March 2026. The previous contract, from March 2025, was AED 100,000; the unit has been rented since February 2015.

How big is unit 408?

871 sqft (80.9 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2013.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Wharf Tower sold for AED 1,450,000 to 1,700,000 in the last 12 months, around AED 1,664 per sqft.

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Mortgage on 408, West Wharf Tower

Starts from the last sale price (AED 1.45M, 23 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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