2-bed · 1,490 sqftDubai Wharf Tower 2, Culture Village · 6th floor · completed 2017

631, Dubai Wharf Tower 2

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 631 · DLD and Ejari recordsUpdated 31 August 2021
Last soldAED 2.18M23 May 2016
Current rentAED 75K /yr31 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 631, Dubai Wharf Tower 2

What is 631 worth today?

Last sold for AED 2,175,000 in 2016

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31 Aug 2021RentedRenewal
AED 75,000/yr13 months · AED 50 per sqft
31 Jul 2020RentedNew contract
AED 75,000/yr13 months · AED 50 per sqft
12 Jul 2019RentedRenewal
AED 95,000/yr12 months · AED 64 per sqft
12 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
12 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
23 May 2016Sold by developerOff-plan
AED 2,175,000AED 1,459 per sqft

Source: Dubai Land Department. Updated 31 August 2021.

Key facts

Type
2-bed apartment
Size
1,490 sqft
Floor
6th of 8
Parking
B3-281
Developer
Dubai Wharf
Completed
2017
Service charge
AED 29,300 /yr
Last sold
AED 2.18M · May 2016

About 631, Dubai Wharf Tower 2

631 is a two-bedroom apartment of 1,490 sqft on the 6th floor of Dubai Wharf Tower 2, a 8-storey tower in Culture Village completed in 2017 by Dubai Wharf. The developer sold it on 23 May 2016 for AED 2,175,000, or AED 1,459 per sqft, in line with the AED 1,480 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 31 August 2021, is AED 75,000 a year: a gross yield of 3.5% on the 2016 price, before the service charge of about AED 29,300 a year.

Sales and rents for 631 over time

Sales
Unit 631, 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, May 2016: AED 2,175,000 (AED 1,459 per sqft)

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

Rents
Unit 631, each contractTypical two-bed in Dubai Wharf Tower 2
75K100K125K2017202020232026Typical 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, July 2017: AED 110,000 a yearRenewal, July 2018: AED 110,000 a yearRenewal, July 2019: AED 95,000 a yearNew contract, July 2020: AED 75,000 a yearRenewal, August 2021: AED 75,000 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 631 sits

All 48 2-beds →

631 last sold in May 2016 at AED 1,459 per sqft, in line with what two-beds in Dubai Wharf Tower 2 were fetching at the time (AED 1,480). 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. 631's AED 75,000 is in the lower 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 6th floor

All 187 units in Dubai Wharf Tower 2
Value
6032-bedAED 1.99M · Oct 2017
6071-bedAED 1.46M · Aug 2017
6091-bedAED 1.46M · Aug 2015
6101-bedAED 1.46M · Dec 2018
6112-bedAED 2.08M · Feb 2026
616StudioAED 964K · Dec 2018
6171-bedAED 1.33M · Sep 2025
1–7 of 26

631, Dubai Wharf Tower 2 in numbers

  • Sold once: by Dubai Wharf on 23 May 2016 for AED 2,175,000, or AED 1,459 per sqft.
  • Rented since July 2017 on 5 Ejari contracts, from AED 110,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 3.5%, before a service charge of about AED 29,300 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 31 August 2021.

Questions about 631, Dubai Wharf Tower 2

What did unit 631 last sell for?

AED 2,175,000 on 23 May 2016, sold by the developer: AED 1,459 per sqft for 1,490 sqft. It is the only registered sale of the unit.

What is the rent for unit 631?

AED 75,000 a year on the contract renewed on 31 August 2021. The previous contract, from July 2020, was AED 75,000; the unit has been rented since July 2017.

How big is unit 631?

1,490 sqft (138.4 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2017.

What is unit 631 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 631, Dubai Wharf Tower 2

Starts from the last sale price (AED 2.18M, 23 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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