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Studio · 883 sqftDubai Wharf Tower 2, Culture Village · 2nd floor · completed 2017

220, Dubai Wharf Tower 2

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 220 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 961K13 July 2015
Current rentAED 50K /yr26 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 220, Dubai Wharf Tower 2

What is 220 worth today?

Last sold for AED 961,000 in 2015

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26 Jan 2024RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
13 Jan 2023RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
26 Jan 2020RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
15 Sep 2017RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
13 Jul 2015Sold by developerOff-plan
AED 961,000AED 1,088 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
Studio apartment
Size
883 sqft
Floor
2nd of 8
Parking
B3-518
Developer
Dubai Wharf
Completed
2017
Service charge
AED 17,400 /yr
Last sold
AED 961K · July 2015
Building
Dubai Wharf Tower 2

About 220, Dubai Wharf Tower 2

220 is a studio of 883 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 13 July 2015 for AED 961,000, or AED 1,088 per sqft, in line with the AED 1,089 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 26 January 2024, is AED 50,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 17,400 a year.

Sales and rents for 220 over time

Sales
Unit 220, each saleTypical studio in Dubai Wharf Tower 2
800K1M20152018202120242027Typical sale price by year: 2015 AED 980,000; 2016 AED 958,500; 2017 AED 972,500; 2018 AED 951,000; 2022 AED 680,000; 2024 AED 790,000; 2025 AED 860,000; 2026 AED 870,000Sold by developer, July 2015: AED 961,000 (AED 1,088 per sqft)

220 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 220, each contractTypical studio in Dubai Wharf Tower 2
40K50K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 58,000; 2019 AED 50,500; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 41,000; 2023 AED 48,000; 2024 AED 54,000; 2025 AED 60,000; 2026 AED 58,378New contract, September 2017: AED 60,000 a yearNew contract, January 2020: AED 48,000 a yearNew contract, January 2023: AED 48,000 a yearRenewal, January 2024: AED 50,000 a year

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

Studios in Dubai Wharf Tower 2, and where 220 sits

All 76 studios →

220 last sold in July 2015 at AED 1,088 per sqft, in line with what studios in Dubai Wharf Tower 2 were fetching at the time (AED 1,089). Over the last 12 months studios sold for AED 800,000 to 3,500,000, around AED 1,312 per sqft, and rent for AED 47,000 to 73,500 a year. 220's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 May 2026870,000
1 Apr 2026830,000
29 Jan 20261,408,999
27 Jan 20261,462,999
7 studio 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
2032-bedAED 2.06M · Nov 2017
2042-bedAED 2.66M · Nov 2017
2052-bedAED 1.99M · Nov 2019
2062-bedAED 2.15M · Oct 2017
2071-bedAED 1.45M · Sep 2017
1–7 of 34

220, Dubai Wharf Tower 2 in numbers

  • Sold once: by Dubai Wharf on 13 July 2015 for AED 961,000, or AED 1,088 per sqft.
  • Rented since September 2017 on 4 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 17,400 a year (AED 19.66 per sqft).
  • Studios in Dubai Wharf Tower 2 sold for AED 800,000–3,500,000 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 26 January 2024.

Questions about 220, Dubai Wharf Tower 2

What did unit 220 last sell for?

AED 961,000 on 13 July 2015, sold by the developer: AED 1,088 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 220?

AED 50,000 a year on the contract renewed on 26 January 2024. The previous contract, from January 2023, was AED 48,000; the unit has been rented since September 2017.

How big is unit 220?

883 sqft (82.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2017.

What is unit 220 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Dubai Wharf Tower 2 sold for AED 800,000 to 3,500,000 in the last 12 months, around AED 1,312 per sqft.

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Mortgage on 220, Dubai Wharf Tower 2

Starts from the last sale price (AED 961K, 13 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 961,000
Deposit, UAE resident (20%)
AED 192,200
Deposit, non-resident (40%)
AED 384,400
Monthly over 25 years at 3.7%
AED 3,932

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