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2-bed · 2,418 sqftDubai Wharf Tower 2, Culture Village · 2nd floor · completed 2017

203, Dubai Wharf Tower 2

Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 November 2019
Last soldAED 2.06M23 November 2017
Current rentAED 82K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Dubai Wharf Tower 2

What is 203 worth today?

Last sold for AED 2,062,000 in 2017

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15 Nov 2019RentedNew contract
AED 82,000/yr12 months · AED 34 per sqft
23 Nov 2017Sold by developerReady
AED 2,062,000AED 852 per sqft

Source: Dubai Land Department. Updated 15 November 2019.

Key facts

Type
2-bed apartment
Size
2,418 sqft
Floor
2nd of 8
Parking
B3-360, B3-T19
Developer
Dubai Wharf
Completed
2017
Service charge
AED 47,500 /yr
Last sold
AED 2.06M · November 2017
Building
Dubai Wharf Tower 2

About 203, Dubai Wharf Tower 2

203 is a two-bedroom apartment of 2,418 sqft on the 2nd floor of Dubai Wharf Tower 2, a 8-storey tower in Culture Village completed in 2017 by Dubai Wharf. The developer sold it on 23 November 2017 for AED 2,062,000, or AED 852 per sqft, 41% below the AED 1,451 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2019. The current contract, signed on 15 November 2019, is AED 82,000 a year: a gross yield of 4.0% on the 2017 price, before the service charge of about AED 47,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Dubai Wharf Tower 2
2M20152018202120242027Typical sale price by year: 2015 AED 2,492,500; 2016 AED 2,123,500; 2017 AED 2,062,000; 2018 AED 2,016,000; 2022 AED 1,375,000; 2023 AED 2,524,000; 2024 AED 2,017,500; 2025 AED 1,825,000; 2026 AED 2,337,500Sold by developer, November 2017: AED 2,062,000 (AED 852 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Dubai Wharf Tower 2
80K100K120K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 84,500; 2021 AED 80,000; 2022 AED 89,250; 2023 AED 95,000; 2024 AED 109,563; 2025 AED 117,750; 2026 AED 122,500New contract, November 2019: AED 82,000 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 Dubai Wharf Tower 2, and where 203 sits

All 48 2-beds →

203 last sold in November 2017 at AED 852 per sqft, 41% below what two-beds in Dubai Wharf Tower 2 were fetching at the time (AED 1,451). Over the last 12 months two-beds sold for AED 1,825,000 to 2,550,000, around AED 1,543 per sqft, and rent for AED 54,636 to 135,000 a year. 203's AED 82,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20262,200,000
28 Jul 20262,475,000
27 Feb 20262,550,000
19 Feb 20262,080,000
5 2-bed sales in the last 12 months

Dubai Wharf Tower 2

Building

187 apartments, studios to 3-bed over 8 floors in Culture Village, completed in 2017 by Dubai Wharf. 16 sold in the last 12 months.

Typical price per sqft
AED 1,389 Up 6.9%
Typical sale
AED 1.91M
Typical rent
AED 70K /yr
Typical yield
5.8%
Dubai Wharf Tower 2, Culture Village: prices, sales and rents →

Other units on the 2nd floor

All 187 units in Dubai Wharf Tower 2
Value
2013-bedAED 3.6M · Sep 2017
2022-bedAED 2.3M · Oct 2024
2042-bedAED 2.66M · Nov 2017
2052-bedAED 1.99M · Nov 2019
2062-bedAED 2.15M · Oct 2017
2071-bedAED 1.45M · Sep 2017
2082-bedAED 2.01M · Jan 2018
1–7 of 34

203, Dubai Wharf Tower 2 in numbers

  • Sold once: by Dubai Wharf on 23 November 2017 for AED 2,062,000, or AED 852 per sqft.
  • Rented since November 2019 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2017 price is 4.0%, before a service charge of about AED 47,500 a year (AED 19.66 per sqft).
  • Two-beds in Dubai Wharf Tower 2 sold for AED 1,825,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,389 per sqft.

Source: Dubai Land Department. Updated 15 November 2019.

Questions about 203, Dubai Wharf Tower 2

What did unit 203 last sell for?

AED 2,062,000 on 23 November 2017, sold by the developer: AED 852 per sqft for 2,418 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 82,000 a year on the contract signed on 15 November 2019.

How big is unit 203?

2,418 sqft (224.6 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Dubai Wharf Tower 2 sold for AED 1,825,000 to 2,550,000 in the last 12 months, around AED 1,543 per sqft.

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Mortgage on 203, Dubai Wharf Tower 2

Starts from the last sale price (AED 2.06M, 23 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,062,000
Deposit, UAE resident (20%)
AED 412,400
Deposit, non-resident (40%)
AED 824,800
Monthly over 25 years at 3.7%
AED 8,436

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