1-bed · 1,002 sqftDubai Wharf Tower 2, Culture Village · 4th floor · completed 2017

409, Dubai Wharf Tower 2

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.44M14 January 2016
Current rentAED 66K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Dubai Wharf Tower 2

What is 409 worth today?

Last sold for AED 1,436,000 in 2016

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1 Sep 2024RentedNew contract
AED 66,150/yr12 months · AED 66 per sqft
1 Sep 2023RentedRenewal
AED 63,000/yr12 months · AED 63 per sqft
1 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
1 Jun 2021RentedRenewal
AED 60,000/yr12 months · AED 60 per sqft
1 Jun 2020RentedRenewal
AED 60,000/yr12 months · AED 60 per sqft
1 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
14 Jan 2016Sold by developerOff-plan
AED 1,436,000AED 1,432 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
1,002 sqft
Floor
4th of 8
Parking
B3-329
Developer
Dubai Wharf
Completed
2017
Service charge
AED 19,700 /yr
Last sold
AED 1.44M · January 2016

About 409, Dubai Wharf Tower 2

409 is a one-bedroom apartment of 1,002 sqft on the 4th floor of Dubai Wharf Tower 2, a 8-storey tower in Culture Village completed in 2017 by Dubai Wharf. The developer sold it on 14 January 2016 for AED 1,436,000, or AED 1,432 per sqft, in line with the AED 1,418 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 66,150 a year: a gross yield of 4.6% on the 2016 price, before the service charge of about AED 19,700 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Dubai Wharf Tower 2
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,286,000; 2016 AED 1,466,000; 2017 AED 1,449,500; 2018 AED 1,420,000; 2021 AED 680,000; 2022 AED 865,000; 2023 AED 1,154,500; 2025 AED 1,354,000Sold by developer, January 2016: AED 1,436,000 (AED 1,432 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Dubai Wharf Tower 2
60K80K2017202020232026Typical rent by year: 2017 AED 80,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 58,000; 2021 AED 53,000; 2022 AED 55,500; 2023 AED 63,000; 2024 AED 75,500; 2025 AED 79,000; 2026 AED 80,000New contract, June 2019: AED 70,000 a yearRenewal, June 2020: AED 60,000 a yearRenewal, June 2021: AED 60,000 a yearNew contract, September 2022: AED 60,000 a yearRenewal, September 2023: AED 63,000 a yearNew contract, September 2024: AED 66,150 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 Dubai Wharf Tower 2, and where 409 sits

All 49 1-beds →

409 last sold in January 2016 at AED 1,432 per sqft, in line with what one-beds in Dubai Wharf Tower 2 were fetching at the time (AED 1,418). Over the last 12 months one-beds sold for AED 1,330,000 to 2,000,000, around AED 1,032 per sqft, and rent for AED 65,000 to 100,000 a year. 409's AED 66,150 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 20261,330,000
11 Dec 20252,000,000
16 Sep 20251,330,000
20 Jun 20251,400,000
2 1-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 4th floor

All 187 units in Dubai Wharf Tower 2
Value
4071-bedAED 1.43M · Oct 2017
4101-bedAED 397K · Apr 2018
4112-bedAED 1.77M · May 2025
414StudioAED 942K · Sep 2017
4171-bedAED 719K · Jun 2017
418StudioAED 968K · Jul 2015
4191-bedAED 1.44M · Feb 2017
1–7 of 25

409, Dubai Wharf Tower 2 in numbers

  • Sold once: by Dubai Wharf on 14 January 2016 for AED 1,436,000, or AED 1,432 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2022 and recovered to AED 66,150 by September 2024.
  • At AED 66,150 a year the gross yield on the 2016 price is 4.6%, before a service charge of about AED 19,700 a year (AED 19.66 per sqft).
  • One-beds in Dubai Wharf Tower 2 sold for AED 1,330,000–2,000,000 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 1 September 2024.

Questions about 409, Dubai Wharf Tower 2

What did unit 409 last sell for?

AED 1,436,000 on 14 January 2016, sold by the developer: AED 1,432 per sqft for 1,002 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 66,150 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 63,000; the unit has been rented since June 2019.

How big is unit 409?

1,002 sqft (93.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2017.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dubai Wharf Tower 2 sold for AED 1,330,000 to 2,000,000 in the last 12 months, around AED 1,032 per sqft.

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Mortgage on 409, Dubai Wharf Tower 2

Starts from the last sale price (AED 1.44M, 14 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,436,000
Deposit, UAE resident (20%)
AED 287,200
Deposit, non-resident (40%)
AED 574,400
Monthly over 25 years at 3.7%
AED 5,875

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