Studio · 666 sqftDubai Wharf Tower 2, Culture Village · 4th floor · completed 2017

423, Dubai Wharf Tower 2

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

Unit 423 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 947K18 April 2017
Current rentAED 55K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Dubai Wharf Tower 2

What is 423 worth today?

Last sold for AED 947,000 in 2017

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20 Apr 2026RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Apr 2024RentedRenewal
AED 50,400/yr12 months · AED 76 per sqft
1 Apr 2023RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
25 Feb 2022RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft
25 Feb 2021RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
20 Oct 2017RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
18 Apr 2017Sold by developerOff-plan
AED 947,000AED 1,422 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
Studio apartment
Size
666 sqft
Floor
4th of 8
Parking
B3-493
Developer
Dubai Wharf
Completed
2017
Service charge
AED 13,100 /yr
Last sold
AED 947K · April 2017

About 423, Dubai Wharf Tower 2

423 is a studio of 666 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 18 April 2017 for AED 947,000, or AED 1,422 per sqft, 4% below the AED 1,477 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 20 April 2026, is AED 55,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 13,100 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, April 2017: AED 947,000 (AED 1,422 per sqft)

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

Rents
Unit 423, each contractTypical studio in Dubai Wharf Tower 2
40K60K2017202020232026Typical 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, October 2017: AED 60,000 a yearNew contract, February 2021: AED 37,000 a yearRenewal, February 2022: AED 40,000 a yearNew contract, April 2023: AED 48,000 a yearRenewal, April 2024: AED 50,400 a yearNew contract, April 2026: AED 55,000 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 423 sits

All 76 studios →

423 last sold in April 2017 at AED 1,422 per sqft, 4% below what studios in Dubai Wharf Tower 2 were fetching at the time (AED 1,477). 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. 423's AED 55,000 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 4th floor

All 187 units in Dubai Wharf Tower 2
Value
4071-bedAED 1.43M · Oct 2017
4091-bedAED 1.44M · Jan 2016
4101-bedAED 397K · Apr 2018
4112-bedAED 1.77M · May 2025
414StudioAED 942K · Sep 2017
4171-bedAED 719K · Jun 2017
418StudioAED 968K · Jul 2015
1–7 of 25

423, Dubai Wharf Tower 2 in numbers

  • Sold once: by Dubai Wharf on 18 April 2017 for AED 947,000, or AED 1,422 per sqft.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 37,000 in 2021 and recovered to AED 55,000 by April 2026.
  • At AED 55,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 13,100 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 20 April 2026.

Questions about 423, Dubai Wharf Tower 2

What did unit 423 last sell for?

AED 947,000 on 18 April 2017, sold by the developer: AED 1,422 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 55,000 a year on the contract signed on 20 April 2026. The previous contract, from April 2024, was AED 50,400; the unit has been rented since October 2017.

How big is unit 423?

666 sqft (61.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2017.

What is unit 423 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 423, Dubai Wharf Tower 2

Starts from the last sale price (AED 947K, 18 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 947,000
Deposit, UAE resident (20%)
AED 189,400
Deposit, non-resident (40%)
AED 378,800
Monthly over 25 years at 3.7%
AED 3,874

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