1-bed · 766 sqftWest Wharf Tower, Business Bay · 5th floor · completed 2013

505, West Wharf Tower

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 21 July 2026
Last soldAED 1.35M7 July 2025
Current rentAED 96K /yr21 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, West Wharf Tower

What is 505 worth today?

Last sold for AED 1,350,000 in 2025

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21 Jul 2026RentedNew contract
AED 96,000/yr12 months · AED 126 per sqft
7 Jul 2025SoldReady
AED 1,350,000AED 1,762 per sqft
1 Jun 2025RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
10 Dec 2024SoldReady
AED 1,350,000AED 1,762 per sqft
28 Dec 2023RentedRenewal
AED 74,000/yr12 months · AED 97 per sqft
28 Dec 2022RentedRenewal
AED 62,000/yr12 months · AED 81 per sqft
28 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
24 May 2018RentedNew contract
AED 78,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 21 July 2026.

Key facts

Type
1-bed apartment
Size
766 sqft
Floor
5th of 17
Parking
B3-39
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 16,600 /yr
Last sold
AED 1.35M · July 2025

About 505, West Wharf Tower

505 is a one-bedroom apartment of 766 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 7 July 2025 for AED 1,350,000, or AED 1,762 per sqft, 4% below the AED 1,842 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 21 July 2026, is AED 96,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 16,600 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 894,909 (AED 1,168 per sqft)Sold, December 2024: AED 1,350,000 (AED 1,762 per sqft)Sold, July 2025: AED 1,350,000 (AED 1,762 per sqft)

505 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in West Wharf Tower
50K75K100K2015201920232027Typical 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, April 2015: AED 105,000 a yearNew contract, December 2015: AED 95,000 a yearRenewal, December 2016: AED 95,000 a yearNew contract, May 2018: AED 78,000 a yearNew contract, December 2021: AED 55,000 a yearRenewal, December 2022: AED 62,000 a yearRenewal, December 2023: AED 74,000 a yearNew contract, June 2025: AED 70,000 a yearNew contract, July 2026: AED 96,000 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 505 sits

All 40 1-beds →

505 last sold in July 2025 at AED 1,762 per sqft, 4% below what one-beds in West Wharf Tower were fetching at the time (AED 1,842). 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. 505's AED 96,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 202614,890
23 Jun 20261,450,000
23 Jun 20261,476,000
12 Feb 20261,700,000
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 5th floor

All 111 units in West Wharf Tower
Value
5011-bedAED 1.1M · May 2025
502StudioAED 951K · Feb 2015
5031-bedAED 1.46M · Mar 2015
504StudioAED 1M · Nov 2014
506StudioAED 770K · Aug 2024
507StudioAED 1.36M · Jun 2009
5081-bedAED 1.7M · Feb 2026
1–7 of 9

505, West Wharf Tower in numbers

  • Sold 3 times: first on 22 June 2009 for AED 894,909, last on 7 July 2025 for AED 1,350,000 (AED 1,762 per sqft).
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 55,000 in 2021 and recovered to AED 96,000 by July 2026.
  • At AED 96,000 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 16,600 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 21 July 2026.

Questions about 505, West Wharf Tower

What did unit 505 last sell for?

AED 1,350,000 on 7 July 2025: AED 1,762 per sqft for 766 sqft. The unit has 3 registered sales; the first was AED 894,909 in June 2009.

What is the rent for unit 505?

AED 96,000 a year on the contract signed on 21 July 2026. The previous contract, from June 2025, was AED 70,000; the unit has been rented since April 2015.

How big is unit 505?

766 sqft (71.2 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2013.

What is unit 505 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 505, West Wharf Tower

Starts from the last sale price (AED 1.35M, 7 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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