Studio · 666 sqftDubai Wharf Tower 2, Culture Village · 7th floor · completed 2017

723, Dubai Wharf Tower 2

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 975K8 November 2017
Current rentAED 72K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 723, Dubai Wharf Tower 2

What is 723 worth today?

Last sold for AED 975,000 in 2017

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1 Jan 2026RentedRenewal
AED 72,000/yr12 months · AED 108 per sqft
1 Aug 2025RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
1 Aug 2025RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
1 Jan 2025RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
1 Jan 2025RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
1 Jan 2023RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
1 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft
1 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
666 sqft
Floor
7th of 8
Parking
B3-548
Developer
Dubai Wharf
Completed
2017
Service charge
AED 13,100 /yr
Last sold
AED 975K · November 2017

About 723, Dubai Wharf Tower 2

723 is a studio of 666 sqft on the 7th floor of Dubai Wharf Tower 2, a 8-storey tower in Culture Village completed in 2017 by Dubai Wharf. The developer sold it on 8 November 2017 for AED 975,000, or AED 1,464 per sqft, in line with the AED 1,463 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 72,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 13,100 a year.

Sales and rents for 723 over time

Sales
Unit 723, 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, November 2017: AED 975,000 (AED 1,464 per sqft)

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

Rents
Unit 723, 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, March 2018: AED 60,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 40,000 a yearRenewal, January 2023: AED 45,000 a yearRenewal, January 2025: AED 52,000 a yearRenewal, January 2025: AED 52,000 a yearNew contract, August 2025: AED 65,000 a yearNew contract, August 2025: AED 65,000 a yearRenewal, January 2026: AED 72,000 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 723 sits

All 76 studios →

723 last sold in November 2017 at AED 1,464 per sqft, in line with what studios in Dubai Wharf Tower 2 were fetching at the time (AED 1,463). 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. 723's AED 72,000 is in the upper 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 7th floor

All 187 units in Dubai Wharf Tower 2
Value
7032-bedAED 1.75M · Mar 2024
7062-bedAED 2.2M · Apr 2025
7071-bedAED 1.19M · Sep 2023
7091-bedAED 1.48M · Jul 2016
7101-bedAED 1.25M · May 2019
7112-bedAED 1.5M · Jul 2025
7121-bedAED 1.33M · Jan 2026
1–7 of 27

723, Dubai Wharf Tower 2 in numbers

  • Sold once: by Dubai Wharf on 8 November 2017 for AED 975,000, or AED 1,464 per sqft.
  • Rented since March 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2022 and recovered to AED 72,000 by January 2026.
  • At AED 72,000 a year the gross yield on the 2017 price is 7.4%, 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 1 January 2026.

Questions about 723, Dubai Wharf Tower 2

What did unit 723 last sell for?

AED 975,000 on 8 November 2017, sold by the developer: AED 1,464 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 72,000 a year on the contract renewed on 1 January 2026. The previous contract, from August 2025, was AED 65,000; the unit has been rented since March 2018.

How big is unit 723?

666 sqft (61.9 sqm): a studio on the 7th floor of a 8-storey tower completed in 2017.

What is unit 723 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 723, Dubai Wharf Tower 2

Starts from the last sale price (AED 975K, 8 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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