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Studio · 643 sqftDubai Wharf Tower 2, Culture Village · 5th floor · completed 2017

527, Dubai Wharf Tower 2

Sold prices and rental history: sold twice, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 527 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 595K5 September 2022
Current rentAED 39K /yr25 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 527, Dubai Wharf Tower 2

What is 527 worth today?

Last sold for AED 595,000 in 2022

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5 Sep 2022SoldReady
AED 595,000AED 925 per sqft
25 Oct 2021RentedNew contract
AED 39,000/yr12 months · AED 60 per sqft
22 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 59 per sqft
29 Oct 2015Sold by developerOff-plan
AED 932,000AED 1,449 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
Studio apartment
Size
643 sqft
Floor
5th of 8
Parking
B3-519
Developer
Dubai Wharf
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 595K · September 2022
Building
Dubai Wharf Tower 2

About 527, Dubai Wharf Tower 2

527 is a studio of 643 sqft on the 5th floor of Dubai Wharf Tower 2, a 8-storey tower in Culture Village completed in 2017 by Dubai Wharf. It last sold on 5 September 2022 for AED 595,000, or AED 925 per sqft, 4% below the AED 967 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 25 October 2021, is AED 39,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 527 over time

Sales
Unit 527, each saleTypical studio in Dubai Wharf Tower 2
600K800K1M20152018202120242027Typical 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, October 2015: AED 932,000 (AED 1,449 per sqft)Sold, September 2022: AED 595,000 (AED 925 per sqft)

527 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 527, 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, November 2020: AED 38,000 a yearNew contract, October 2021: AED 39,000 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 527 sits

All 76 studios →

527 last sold in September 2022 at AED 925 per sqft, 4% below what studios in Dubai Wharf Tower 2 were fetching at the time (AED 967). 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. 527's AED 39,000 is at the bottom 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 5th floor

All 187 units in Dubai Wharf Tower 2
Value
5071-bedAED 1.45M · Aug 2018
5091-bedAED 1.45M · Jan 2016
5101-bedAED 1.44M · Jan 2017
5112-bedAED 1.71M · Apr 2024
5131-bedAED 2.2M · May 2023
516StudioAED 955K · Jul 2019
5171-bedAED 1.45M · Jul 2017
1–7 of 25

527, Dubai Wharf Tower 2 in numbers

  • Sold twice: first on 29 October 2015 for AED 932,000, last on 5 September 2022 for AED 595,000 (AED 925 per sqft).
  • Rented since November 2020 on 2 Ejari contracts, from AED 38,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 12,600 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 5 September 2022.

Questions about 527, Dubai Wharf Tower 2

What did unit 527 last sell for?

AED 595,000 on 5 September 2022: AED 925 per sqft for 643 sqft. The unit has 2 registered sales; the first was AED 932,000 in October 2015.

What is the rent for unit 527?

AED 39,000 a year on the contract signed on 25 October 2021. The previous contract, from November 2020, was AED 38,000.

How big is unit 527?

643 sqft (59.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2017.

What is unit 527 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 527, Dubai Wharf Tower 2

Starts from the last sale price (AED 595K, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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