708, West Wharf Tower
Sold prices and rental history: sold twice, last in March 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 708, West Wharf Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 11 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,781 sqft
- Floor
- 7th of 17
- Parking
- B3-54,B3-55
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 38,500 /yr
- Last sold
- AED 3.2M · March 2024
- Building
- West Wharf Tower
About 708, West Wharf Tower
708 is a three-bedroom apartment of 1,781 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 11 March 2024 for AED 3,200,000, or AED 1,796 per sqft, 47% above the AED 1,219 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 115,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 38,500 a year.
Sales and rents for 708 over time
708 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in West Wharf Tower, and where 708 sits
All 16 3-beds →708 last sold in March 2024 at AED 1,796 per sqft, 47% above what three-beds in West Wharf Tower were fetching at the time (AED 1,219). Over the last 12 months three-beds sold for AED 3,300,000, around AED 2,020 per sqft, and rent for AED 150,000 to 350,000 a year. 708's AED 115,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 1,634 sqft | 3,300,000 | 2,020 | ||
| 25 Aug 202525 August 2025 | 1,781 sqft | 2,950,000 | 1,656 | ||
| 30 May 202530 May 2025 | 1,642 sqft | 2,450,000 | 1,491 | ||
| 23 May 202523 May 2025 | 1,643 sqft | 2,600,000 | 1,582 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 561 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 145,000 /yr | |
| 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, West Wharf Tower in numbers
- Sold twice: first on 23 June 2009 for AED 2,694,157, last on 11 March 2024 for AED 3,200,000 (AED 1,796 per sqft).
- Rented since December 2014 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 100,000 in 2021 and recovered to AED 115,000 by June 2022.
- At AED 115,000 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 38,500 a year (AED 21.62 per sqft).
- Three-beds in West Wharf Tower sold for AED 3,300,000–3,300,000 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 11 March 2024.
Questions about 708, West Wharf Tower
What did unit 708 last sell for?
AED 3,200,000 on 11 March 2024: AED 1,796 per sqft for 1,781 sqft. The unit has 2 registered sales; the first was AED 2,694,157 in June 2009.
What is the rent for unit 708?
AED 115,000 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 100,000; the unit has been rented since December 2014.
How big is unit 708?
1,781 sqft (165.5 sqm): a three-bedroom apartment on the 7th floor of a 17-storey tower completed in 2013.
What is unit 708 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in West Wharf Tower sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,020 per sqft.
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Mortgage on 708, West Wharf Tower
Starts from the last sale price (AED 3.2M, 11 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →