1-bed · 821 sqftWest Wharf Tower, Business Bay · 9th floor · completed 2013

903, West Wharf Tower

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 1.2M3 October 2013
Current rentAED 90K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, West Wharf Tower

What is 903 worth today?

Last sold for AED 1,196,335 in 2013

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10 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
1 Nov 2021RentedNew contract
AED 58,000/yr12 months · AED 71 per sqft
1 Jul 2019RentedRenewal
AED 78,000/yr12 months · AED 95 per sqft
1 Jul 2018RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
15 Dec 2017RentedRenewal
AED 91,837/yr6 months · AED 112 per sqft
15 Jun 2017RentedRenewal
AED 100,000/yr6 months · AED 122 per sqft
15 Jun 2016RentedRenewal
AED 100,000/yr12 months · AED 122 per sqft
15 Jun 2015RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
9th of 17
Parking
B3-64
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 1.2M · October 2013

About 903, West Wharf Tower

903 is a one-bedroom apartment of 821 sqft on the 9th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 3 October 2013 for AED 1,196,335, or AED 1,456 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 August 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 17,800 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, October 2013: AED 1,196,335 (AED 1,456 per sqft)

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

Rents
Unit 903, 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 90,000New contract, February 2015: AED 100,000 a yearNew contract, June 2015: AED 100,000 a yearRenewal, June 2016: AED 100,000 a yearRenewal, June 2017: AED 100,000 a yearRenewal, December 2017: AED 91,837 a yearRenewal, July 2018: AED 80,000 a yearRenewal, July 2019: AED 78,000 a yearNew contract, November 2021: AED 58,000 a yearNew contract, August 2024: 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 903 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. 903'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 9th floor

All 111 units in West Wharf Tower
Value
9012-bedAED 850K · Mar 2016
904StudioAED 41K · Sep 2024
9052-bedAED 1.66M · Jun 2009
9061-bedAED 1.4M · Aug 2023
9072-bedAED 2.55M · Mar 2024
9083-bedAED 3.3M · Jun 2009

903, West Wharf Tower in numbers

  • Sold once: by Capital Trust Gulf on 3 October 2013 for AED 1,196,335, or AED 1,456 per sqft.
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 58,000 in 2021 and recovered to AED 90,000 by August 2024.
  • At AED 90,000 a year the gross yield on the 2013 price is 7.5%, 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 10 August 2024.

Questions about 903, West Wharf Tower

What did unit 903 last sell for?

AED 1,196,335 on 3 October 2013, sold by the developer: AED 1,456 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 90,000 a year on the contract signed on 10 August 2024. The previous contract, from November 2021, was AED 58,000; the unit has been rented since February 2015.

How big is unit 903?

821 sqft (76.3 sqm): a one-bedroom apartment on the 9th floor of a 17-storey tower completed in 2013.

What is unit 903 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 903, West Wharf Tower

Starts from the last sale price (AED 1.2M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,196,335
Deposit, UAE resident (20%)
AED 239,267
Deposit, non-resident (40%)
AED 478,534
Monthly over 25 years at 3.7%
AED 4,895

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