1-bed · 821 sqftWest Wharf Tower, Business Bay · 6th floor · completed 2013

603, 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 603 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.65M23 June 2009
Current rentAED 61K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, West Wharf Tower

What is 603 worth today?

Last sold for AED 1,650,446 in 2009

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1 Aug 2023RentedRenewal
AED 60,500/yr12 months · AED 74 per sqft
1 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
1 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
20 May 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
10 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
25 Jan 2019RentedRenewal
AED 76,000/yr12 months · AED 93 per sqft
25 Jan 2017RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
25 Jan 2015RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
6th of 17
Parking
B3-31
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 1.65M · June 2009

About 603, West Wharf Tower

603 is a one-bedroom apartment of 821 sqft on the 6th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 23 June 2009 for AED 1,650,446, or AED 2,009 per sqft, 29% above the AED 1,562 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 60,500 a year: a gross yield of 3.7% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 1,650,446 (AED 2,009 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in West Wharf Tower
50K75K100K20152018202120242027Typical 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, January 2015: AED 100,000 a yearNew contract, January 2017: AED 100,000 a yearRenewal, January 2019: AED 76,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, May 2021: AED 55,000 a yearNew contract, August 2021: AED 55,000 a yearRenewal, August 2022: AED 55,000 a yearRenewal, August 2023: AED 60,500 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 603 sits

All 40 1-beds →

603 last sold in June 2009 at AED 2,009 per sqft, 29% above what one-beds in West Wharf Tower were fetching at the time (AED 1,562). 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. 603's AED 60,500 is at the bottom 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 6th floor

All 111 units in West Wharf Tower
Value
601StudioAED 1M · Jun 2025
602StudioAED 1.14M · Jun 2009
604StudioAED 730K · Nov 2022
6051-bedAED 1.12M · Jun 2023
606StudioAED 880K · Jul 2025
607StudioAED 967K · Mar 2015
6081-bedAED 1.65M · Feb 2015
1–7 of 9

603, West Wharf Tower in numbers

  • Sold once: by Capital Trust Gulf on 23 June 2009 for AED 1,650,446, or AED 2,009 per sqft.
  • Rented since January 2015 on 8 Ejari contracts, from AED 100,000 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2009 price is 3.7%, before a service charge of about AED 17,800 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 1 August 2023.

Questions about 603, West Wharf Tower

What did unit 603 last sell for?

AED 1,650,446 on 23 June 2009, sold by the developer: AED 2,009 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 60,500 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 55,000; the unit has been rented since January 2015.

How big is unit 603?

821 sqft (76.3 sqm): a one-bedroom apartment on the 6th floor of a 17-storey tower completed in 2013.

What is unit 603 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 603, West Wharf Tower

Starts from the last sale price (AED 1.65M, 23 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,446
Deposit, UAE resident (20%)
AED 330,089
Deposit, non-resident (40%)
AED 660,178
Monthly over 25 years at 3.7%
AED 6,752

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