2-bed · 2,069 sqftWest Wharf Tower, Business Bay · 9th floor · completed 2013

907, West Wharf Tower

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 2.55M6 March 2024
Current rentAED 130K /yr4 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, West Wharf Tower

What is 907 worth today?

Last sold for AED 2,550,000 in 2024

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6 Mar 2024SoldReady
AED 2,550,000AED 1,232 per sqft
4 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
25 Oct 2022SoldReady
AED 2,000,000AED 966 per sqft
1 Jan 2022RentedRenewal
AED 100,000/yr12 months · AED 48 per sqft
1 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 48 per sqft
1 May 2017RentedNew contract
AED 160,000/yr12 months · AED 77 per sqft
25 Mar 2015SoldReady
AED 5,454,000AED 2,636 per sqft
23 Jun 2009Sold by developerOff-plan
AED 5,454,000AED 2,636 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
2-bed apartment
Size
2,069 sqft
Floor
9th of 17
Parking
B2-19,B2-20,B2-21
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 44,700 /yr
Last sold
AED 2.55M · March 2024

About 907, West Wharf Tower

907 is a two-bedroom apartment of 2,069 sqft on the 9th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 6 March 2024 for AED 2,550,000, or AED 1,232 per sqft, 18% above the AED 1,048 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 4 September 2023, is AED 130,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 44,700 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical two-bed in West Wharf Tower
2M4M6M20092013201720212025Typical sale price by year: 2009 AED 2,445,730; 2013 AED 2,750,000; 2015 AED 3,200,000; 2016 AED 2,323,000; 2019 AED 1,694,585; 2023 AED 1,900,000; 2024 AED 2,550,000Sold by developer, June 2009: AED 5,454,000 (AED 2,636 per sqft)Sold, March 2015: AED 5,454,000 (AED 2,636 per sqft)Sold, October 2022: AED 2,000,000 (AED 966 per sqft)Sold, March 2024: AED 2,550,000 (AED 1,232 per sqft)

907 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 907, each contractTypical two-bed in West Wharf Tower
100K150K2015201820212024Typical rent by year: 2015 AED 150,000; 2016 AED 145,000; 2017 AED 142,500; 2018 AED 130,000; 2019 AED 121,000; 2020 AED 106,500; 2021 AED 93,500; 2022 AED 107,500; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 139,500New contract, May 2017: AED 160,000 a yearNew contract, January 2021: AED 100,000 a yearRenewal, January 2022: AED 100,000 a yearNew contract, September 2023: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in West Wharf Tower, and where 907 sits

All 16 2-beds →

907 last sold in March 2024 at AED 1,232 per sqft, 18% above what two-beds in West Wharf Tower were fetching at the time (AED 1,048). Over the last 12 months two-beds sold for AED 2,100,000 to 2,462,500, around AED 1,383 per sqft, and rent for AED 110,000 to 200,000 a year. 907's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jun 20262,100,000
8 Dec 20252,462,500
25 Oct 20242,925,000
1 Jul 20241,800,000
2 2-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
9031-bedAED 1.2M · Oct 2013
904StudioAED 41K · Sep 2024
9052-bedAED 1.66M · Jun 2009
9061-bedAED 1.4M · Aug 2023
9083-bedAED 3.3M · Jun 2009

907, West Wharf Tower in numbers

  • Sold 4 times: first on 23 June 2009 for AED 5,454,000, last on 6 March 2024 for AED 2,550,000 (AED 1,232 per sqft).
  • Rented since May 2017 on 4 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2022 and recovered to AED 130,000 by September 2023.
  • At AED 130,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 44,700 a year (AED 21.62 per sqft).
  • Two-beds in West Wharf Tower sold for AED 2,100,000–2,462,500 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 6 March 2024.

Questions about 907, West Wharf Tower

What did unit 907 last sell for?

AED 2,550,000 on 6 March 2024: AED 1,232 per sqft for 2,069 sqft. The unit has 4 registered sales; the first was AED 5,454,000 in June 2009.

What is the rent for unit 907?

AED 130,000 a year on the contract signed on 4 September 2023. The previous contract, from January 2022, was AED 100,000; the unit has been rented since May 2017.

How big is unit 907?

2,069 sqft (192.2 sqm): a two-bedroom apartment on the 9th floor of a 17-storey tower completed in 2013.

What is unit 907 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Wharf Tower sold for AED 2,100,000 to 2,462,500 in the last 12 months, around AED 1,383 per sqft.

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Mortgage on 907, West Wharf Tower

Starts from the last sale price (AED 2.55M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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