1-bed · 1,349 sqftWest Wharf Tower, Business Bay · 7th floor · completed 2013

706, West Wharf Tower

Sold prices and rental history: sold 3 times, last in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 27 June 2018
Last soldAED 1.3M27 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, West Wharf Tower

What is 706 worth today?

Last sold for AED 1,300,000 in 2018

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27 Jun 2018SoldReady
AED 1,300,000AED 963 per sqft
4 Mar 2015SoldReady
AED 3,045,344AED 2,256 per sqft
23 Jun 2009Sold by developerOff-plan
AED 3,045,344AED 2,256 per sqft

Source: Dubai Land Department. Updated 27 June 2018.

Key facts

Type
1-bed apartment
Size
1,349 sqft
Floor
7th of 17
Parking
B3-19
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 29,200 /yr
Last sold
AED 1.3M · June 2018

About 706, West Wharf Tower

706 is a one-bedroom apartment of 1,349 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 27 June 2018 for AED 1,300,000, or AED 963 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in West Wharf Tower
2M2009201420192024Typical 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 3,045,344 (AED 2,256 per sqft)Sold, March 2015: AED 3,045,344 (AED 2,256 per sqft)Sold, June 2018: AED 1,300,000 (AED 963 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in West Wharf Tower
60K80K100K20152018202120242027Typical 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 90,000

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 706 sits

All 40 1-beds →

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.

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 7th floor

All 111 units in West Wharf Tower
Value
7011-bedAED 1.1M · Nov 2024
7021-bedAED 15K · Jul 2026
7031-bedAED 1.48M · Jun 2026
704StudioAED 1M · Nov 2014
7052-bedAED 1.8M · Jul 2024
7072-bedAED 2.85M · Jan 2017
7083-bedAED 3.2M · Mar 2024

706, West Wharf Tower in numbers

  • Sold 3 times: first on 23 June 2009 for AED 3,045,344, last on 27 June 2018 for AED 1,300,000 (AED 963 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 27 June 2018.

Questions about 706, West Wharf Tower

What did unit 706 last sell for?

AED 1,300,000 on 27 June 2018: AED 963 per sqft for 1,349 sqft. The unit has 3 registered sales; the first was AED 3,045,344 in June 2009.

How big is unit 706?

1,349 sqft (125.3 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2013.

What is unit 706 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 706, West Wharf Tower

Starts from the last sale price (AED 1.3M, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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