2-bed · 1,349 sqftDubai Wharf Tower 2, Culture Village · 3rd floor · completed 2017

311, Dubai Wharf Tower 2

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 6 July 2024
Last soldAED 1.3M31 October 2022
Current rentAED 110K /yr6 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Dubai Wharf Tower 2

What is 311 worth today?

Last sold for AED 1,300,000 in 2022

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6 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
6 Jun 2023RentedNew contract
AED 110,000/yr13 months · AED 82 per sqft
31 Oct 2022SoldReady
AED 1,300,000AED 963 per sqft
3 May 2017SoldOff-plan
AED 1,856,000AED 1,376 per sqft
31 Aug 2015Sold by developerOff-plan
AED 1,906,000AED 1,413 per sqft

Source: Dubai Land Department. Updated 6 July 2024.

Key facts

Type
2-bed apartment
Size
1,349 sqft
Floor
3rd of 8
Parking
B3-374
Developer
Dubai Wharf
Completed
2017
Service charge
AED 26,500 /yr
Last sold
AED 1.3M · October 2022

About 311, Dubai Wharf Tower 2

311 is a two-bedroom apartment of 1,349 sqft on the 3rd floor of Dubai Wharf Tower 2, a 8-storey tower in Culture Village completed in 2017 by Dubai Wharf. It last sold on 31 October 2022 for AED 1,300,000, or AED 963 per sqft, 3% above the AED 931 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 6 July 2024, is AED 110,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 26,500 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, August 2015: AED 1,906,000 (AED 1,413 per sqft)Sold, May 2017: AED 1,856,000 (AED 1,376 per sqft)Sold, October 2022: AED 1,300,000 (AED 963 per sqft)

311 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 311, 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, June 2023: AED 110,000 a yearRenewal, July 2024: AED 110,000 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 311 sits

All 48 2-beds →

311 last sold in October 2022 at AED 963 per sqft, 3% above what two-beds in Dubai Wharf Tower 2 were fetching at the time (AED 931). 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. 311's AED 110,000 is in the upper 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 3rd floor

All 187 units in Dubai Wharf Tower 2
Value
3013-bedAED 3.32M · Nov 2017
3032-bedAED 2.48M · Jul 2026
3091-bedAED 1.42M · Dec 2016
3101-bedAED 1.41M · Mar 2018
3131-bedAED 1M · Jul 2018
314StudioAED 933K · Jul 2017
318StudioAED 958K · Nov 2016
1–7 of 23

311, Dubai Wharf Tower 2 in numbers

  • Sold 3 times: first on 31 August 2015 for AED 1,906,000, last on 31 October 2022 for AED 1,300,000 (AED 963 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 26,500 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 6 July 2024.

Questions about 311, Dubai Wharf Tower 2

What did unit 311 last sell for?

AED 1,300,000 on 31 October 2022: AED 963 per sqft for 1,349 sqft. The unit has 3 registered sales; the first was AED 1,906,000 in August 2015.

What is the rent for unit 311?

AED 110,000 a year on the contract renewed on 6 July 2024. The previous contract, from June 2023, was AED 110,000.

How big is unit 311?

1,349 sqft (125.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 311 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 311, Dubai Wharf Tower 2

Starts from the last sale price (AED 1.3M, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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