507, West Wharf Tower
Sold prices and rental history: sold once, by the developer in June 2009, 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 507, West Wharf Tower
What is 507 worth today?
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Source: Dubai Land Department. Updated 21 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 671 sqft
- Floor
- 5th of 17
- Parking
- B3-37
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 14,500 /yr
- Last sold
- AED 1.36M · June 2009
- Building
- West Wharf Tower
About 507, West Wharf Tower
507 is a studio of 671 sqft on the 5th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 22 June 2009 for AED 1,361,960, or AED 2,029 per sqft, 19% above the AED 1,701 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 21 November 2025, is AED 72,000 a year: a gross yield of 5.3% on the 2009 price, before the service charge of about AED 14,500 a year.
Sales and rents for 507 over time
507 has sold once; 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 507 sits
All 37 studios →507 last sold in June 2009 at AED 2,029 per sqft, 19% above what studios in West Wharf Tower were fetching at the time (AED 1,701). 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. 507's AED 72,000 is in the lower half 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 | |
| 502 | Studio | 559 sqft | AED 951KAED 950,859 · Feb 2015February 2015 | 55,000 /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 | |
| 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 |
507, West Wharf Tower in numbers
- Sold once: by Capital Trust Gulf on 22 June 2009 for AED 1,361,960, or AED 2,029 per sqft.
- Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 66,500 to AED 33,818 in 2018 and recovered to AED 72,000 by November 2025.
- At AED 72,000 a year the gross yield on the 2009 price is 5.3%, before a service charge of about AED 14,500 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 21 November 2025.
Questions about 507, West Wharf Tower
What did unit 507 last sell for?
AED 1,361,960 on 22 June 2009, sold by the developer: AED 2,029 per sqft for 671 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 72,000 a year on the contract signed on 21 November 2025. The previous contract, from October 2024, was AED 76,000; the unit has been rented since December 2017.
How big is unit 507?
671 sqft (62.3 sqm): a studio on the 5th floor of a 17-storey tower completed in 2013.
What is unit 507 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 507, West Wharf Tower
Starts from the last sale price (AED 1.36M, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,361,960
- Deposit, UAE resident (20%)
- AED 272,392
- Deposit, non-resident (40%)
- AED 544,784
- Monthly over 25 years at 3.7%
- AED 5,572
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →