1-bed · 897 sqftWest Wharf Tower, Business Bay · 5th floor · completed 2013

509, West Wharf Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 16 October 2026
Last soldAED 1.16M22 June 2009
Current rentAED 90K /yr16 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, West Wharf Tower

What is 509 worth today?

Last sold for AED 1,156,913 in 2009

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16 Oct 2026RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
1 Jun 2022RentedNew contract
AED 64,000/yr12 months · AED 72 per sqft
15 Aug 2020RentedNew contract
AED 58,000/yr12 months · AED 65 per sqft
1 Sep 2019RentedNew contract
AED 78,000/yr12 months · AED 87 per sqft
1 Jun 2018RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
10 Jul 2017RentedNew contract
AED 93,000/yr12 months · AED 104 per sqft
3 Apr 2015RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
22 Jun 2009Sold by developerOff-plan
AED 1,156,913AED 1,290 per sqft

Source: Dubai Land Department. Updated 16 October 2026.

Key facts

Type
1-bed apartment
Size
897 sqft
Floor
5th of 17
Parking
B3-35
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 19,400 /yr
Last sold
AED 1.16M · June 2009

About 509, West Wharf Tower

509 is a one-bedroom apartment of 897 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 1,156,913, or AED 1,290 per sqft, 18% below the AED 1,577 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 16 October 2026, is AED 90,000 a year: a gross yield of 7.8% on the 2009 price, before the service charge of about AED 19,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 1,156,913 (AED 1,290 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in West Wharf Tower
60K80K100K2015201920232027Typical 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 95,000 a yearNew contract, July 2017: AED 93,000 a yearNew contract, June 2018: AED 90,000 a yearNew contract, September 2019: AED 78,000 a yearNew contract, August 2020: AED 58,000 a yearNew contract, June 2022: AED 64,000 a yearNew contract, October 2026: AED 90,000 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 509 sits

All 40 1-beds →

509 last sold in June 2009 at AED 1,290 per sqft, 18% below what one-beds in West Wharf Tower were fetching at the time (AED 1,577). 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. 509's AED 90,000 is in the lower 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
5051-bedAED 1.35M · Jul 2025
506StudioAED 770K · Aug 2024
507StudioAED 1.36M · Jun 2009
1–7 of 9

509, West Wharf Tower in numbers

  • Sold once: by Capital Trust Gulf on 22 June 2009 for AED 1,156,913, or AED 1,290 per sqft.
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 58,000 in 2020 and recovered to AED 90,000 by October 2026.
  • At AED 90,000 a year the gross yield on the 2009 price is 7.8%, before a service charge of about AED 19,400 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 16 October 2026.

Questions about 509, West Wharf Tower

What did unit 509 last sell for?

AED 1,156,913 on 22 June 2009, sold by the developer: AED 1,290 per sqft for 897 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 90,000 a year on the contract signed on 16 October 2026. The previous contract, from June 2022, was AED 64,000; the unit has been rented since April 2015.

How big is unit 509?

897 sqft (83.3 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2013.

What is unit 509 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 509, West Wharf Tower

Starts from the last sale price (AED 1.16M, 22 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,156,913
Deposit, UAE resident (20%)
AED 231,383
Deposit, non-resident (40%)
AED 462,765
Monthly over 25 years at 3.7%
AED 4,733

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