502, West Wharf Tower
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, West Wharf Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 559 sqft
- Floor
- 5th of 17
- Parking
- B3-42
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 12,100 /yr
- Last sold
- AED 951K · February 2015
- Building
- West Wharf Tower
About 502, West Wharf Tower
502 is a studio of 559 sqft on the 5th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 26 February 2015 for AED 950,859, or AED 1,701 per sqft, in line with the AED 1,681 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 January 2025, is AED 55,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 12,100 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the studio median of each year in the building.
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 502 sits
All 37 studios →502 last sold in February 2015 at AED 1,701 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,681). 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. 502's AED 55,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 561 sqft | 1,015,000 | 1,809 | ||
| 2 Sep 20262 September 2026 | 559 sqft | 790,000 | 1,413 | ||
| 30 Jul 202630 July 2026 | 622 sqft | 1,150,000 | 1,849 | ||
| 7 Jan 20267 January 2026 | 671 sqft | 995,000 | 1,483 |
West Wharf Tower
Building111 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%
Other units on the 5th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 561 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 67,000 /yr | |
| 503 | 1-bed | 821 sqft | AED 1.46MAED 1,460,650 · Mar 2015March 2015 | 87,000 /yr | |
| 504 | Studio | 602 sqft | AED 1MAED 1,000,000 · Nov 2014November 2014 | 65,000 /yr | |
| 505 | 1-bed | 766 sqft | AED 1.35MAED 1,350,000 · Jul 2025July 2025 | 96,000 /yr | |
| 506 | Studio | 597 sqft | AED 770KAED 770,000 · Aug 2024August 2024 | 62,831 /yr | |
| 507 | Studio | 671 sqft | AED 1.36MAED 1,361,960 · Jun 2009June 2009 | 72,000 /yr | |
| 508 | 1-bed | 1,126 sqft | AED 1.7MAED 1,700,000 · Feb 2026February 2026 | 115,000 /yr | |
| 509 | 1-bed | 897 sqft | AED 1.16MAED 1,156,913 · Jun 2009June 2009 | 90,000 /yr | |
| 510 | 1-bed | 892 sqft | AED 800KAED 800,000 · Jul 2021July 2021 | 105,000 /yr |
502, West Wharf Tower in numbers
- Sold twice: first on 22 June 2009 for AED 950,859, last on 26 February 2015 for AED 950,859 (AED 1,701 per sqft).
- Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 45,000 in 2022 and recovered to AED 55,000 by January 2025.
- At AED 55,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 12,100 a year (AED 21.62 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 10 January 2025.
Questions about 502, West Wharf Tower
What did unit 502 last sell for?
AED 950,859 on 26 February 2015: AED 1,701 per sqft for 559 sqft. The unit has 2 registered sales; the first was AED 950,859 in June 2009.
What is the rent for unit 502?
AED 55,000 a year on the contract renewed on 10 January 2025. The previous contract, from January 2024, was AED 50,000; the unit has been rented since October 2017.
How big is unit 502?
559 sqft (51.9 sqm): a studio on the 5th floor of a 17-storey tower completed in 2013.
What is unit 502 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 502, West Wharf Tower
Starts from the last sale price (AED 951K, 26 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 950,859
- Deposit, UAE resident (20%)
- AED 190,172
- Deposit, non-resident (40%)
- AED 380,344
- Monthly over 25 years at 3.7%
- AED 3,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →