701, West Wharf Tower
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, West Wharf Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 7 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 561 sqft
- Floor
- 7th of 17
- Parking
- B3-23
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 12,100 /yr
- Last sold
- AED 1.1M · November 2024
- Building
- West Wharf Tower
About 701, West Wharf Tower
701 is a one-bedroom apartment of 561 sqft on the 7th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 7 November 2024 for AED 1,100,000, or AED 1,961 per sqft, 42% above the AED 1,381 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 7 November 2024, is AED 145,000 a year: a gross yield of 13.2% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 40 1-beds →701 last sold in November 2024 at AED 1,961 per sqft, 42% above what one-beds in West Wharf Tower were fetching at the time (AED 1,381). 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. 701's AED 145,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 559 sqft | 14,890 | 26 | ||
| 23 Jun 202623 June 2026 | 871 sqft | 1,450,000 | 1,664 | ||
| 23 Jun 202623 June 2026 | 821 sqft | 1,476,000 | 1,796 | ||
| 12 Feb 202612 February 2026 | 1,126 sqft | 1,700,000 | 1,509 |
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 7th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 559 sqft | AED 15KAED 14,890 · Jul 2026July 2026 | 67,000 /yr | |
| 703 | 1-bed | 821 sqft | AED 1.48MAED 1,476,000 · Jun 2026June 2026 | 85,000 /yr | |
| 704 | Studio | 602 sqft | AED 1MAED 1,000,000 · Nov 2014November 2014 | 65,000 /yr | |
| 705 | 2-bed | 1,449 sqft | AED 1.8MAED 1,800,000 · Jul 2024July 2024 | 129,000 /yr | |
| 706 | 1-bed | 1,349 sqft | AED 1.3MAED 1,300,000 · Jun 2018June 2018 | ||
| 707 | 2-bed | 2,077 sqft | AED 2.85MAED 2,850,000 · Jan 2017January 2017 | 150,000 /yr | |
| 708 | 3-bed | 1,781 sqft | AED 3.2MAED 3,200,000 · Mar 2024March 2024 | 115,000 /yr |
701, West Wharf Tower in numbers
- Sold 3 times: first on 23 June 2009 for AED 631,170, last on 7 November 2024 for AED 1,100,000 (AED 1,961 per sqft).
- Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 51,000 in 2021 and recovered to AED 145,000 by November 2024.
- At AED 145,000 a year the gross yield on the 2024 price is 13.2%, before a service charge of about AED 12,100 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 7 November 2024.
Questions about 701, West Wharf Tower
What did unit 701 last sell for?
AED 1,100,000 on 7 November 2024: AED 1,961 per sqft for 561 sqft. The unit has 3 registered sales; the first was AED 631,170 in June 2009.
What is the rent for unit 701?
AED 145,000 a year on the contract signed on 7 November 2024. The previous contract, from May 2023, was AED 58,000; the unit has been rented since December 2014.
How big is unit 701?
561 sqft (52.1 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2013.
What is unit 701 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 701, West Wharf Tower
Starts from the last sale price (AED 1.1M, 7 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →