2-bed · 1,357 sqftDubai Wharf Tower 3, Culture Village · 4th floor · completed 2016

409, Dubai Wharf Tower 3

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.6M11 January 2024
Current rentAED 86K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Dubai Wharf Tower 3

What is 409 worth today?

Last sold for AED 1,600,000 in 2024

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20 Oct 2024RentedNew contract
AED 86,400/yr5 months · AED 64 per sqft
11 Jan 2024SoldReady
AED 1,600,000AED 1,178 per sqft
20 Oct 2023RentedRenewal
AED 84,000/yr12 months · AED 62 per sqft
20 Oct 2022RentedNew contract
AED 79,000/yr12 months · AED 58 per sqft
15 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
25 May 2020RentedRenewal
AED 98,000/yr13 months · AED 72 per sqft
25 May 2019RentedRenewal
AED 98,000/yr12 months · AED 72 per sqft
25 May 2018RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,357 sqft
Floor
4th of 7
Parking
B3-537
Developer
Dubai Wharf
Completed
2016
Service charge
AED 26,700 /yr
Last sold
AED 1.6M · January 2024

About 409, Dubai Wharf Tower 3

409 is a two-bedroom apartment of 1,357 sqft on the 4th floor of Dubai Wharf Tower 3, a 7-storey tower in Culture Village completed in 2016 by Dubai Wharf. It last sold on 11 January 2024 for AED 1,600,000, or AED 1,178 per sqft, 8% above the AED 1,086 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 October 2024, is AED 86,400 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 26,700 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Dubai Wharf Tower 3
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 1,788,000; 2015 AED 1,855,000; 2017 AED 1,259,500; 2023 AED 1,437,500; 2024 AED 1,700,000; 2025 AED 2,125,000; 2026 AED 2,325,000Sold by developer, May 2015: AED 1,663,000 (AED 1,225 per sqft)Sold, January 2024: AED 1,600,000 (AED 1,178 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Dubai Wharf Tower 3
75K100K125K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 70,484; 2022 AED 80,000; 2023 AED 84,000; 2024 AED 100,000; 2025 AED 116,000; 2026 AED 115,000New contract, May 2017: AED 110,000 a yearRenewal, May 2018: AED 100,000 a yearRenewal, May 2019: AED 98,000 a yearRenewal, May 2020: AED 98,000 a yearNew contract, September 2021: AED 65,000 a yearNew contract, October 2022: AED 79,000 a yearRenewal, October 2023: AED 84,000 a yearNew contract, October 2024: AED 86,400 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 3, and where 409 sits

All 51 2-beds →

409 last sold in January 2024 at AED 1,178 per sqft, 8% above what two-beds in Dubai Wharf Tower 3 were fetching at the time (AED 1,086). Over the last 12 months two-beds sold for AED 2,285,000 to 2,600,000, around AED 973 per sqft, and rent for AED 68,000 to 145,000 a year. 409's AED 86,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 May 20262,600,000
15 Jan 20262,325,000
12 Jan 20262,285,000
28 Jul 20252,225,000
3 2-bed sales in the last 12 months

Dubai Wharf Tower 3

Building

119 apartments, 1-bed to 3-bed over 7 floors in Culture Village, completed in 2016 by Dubai Wharf. 4 sold in the last 12 months.

Typical price per sqft
AED 1,216
Typical sale
AED 2.31M
Typical rent
AED 98K /yr
Typical yield
6.4%
Dubai Wharf Tower 3, Culture Village: prices, sales and rents →

Other units on the 4th floor

All 119 units in Dubai Wharf Tower 3
Value
4013-bedAED 3.67M · Oct 2017
4022-bedAED 1.85M · Jan 2025
4032-bedAED 1.71M · May 2015
4041-bedAED 1.55M · Jun 2015
4051-bedAED 1.85M · Dec 2016
4061-bedAED 1.11M · Dec 2014
4071-bedAED 1.37M · Dec 2014
1–7 of 20

409, Dubai Wharf Tower 3 in numbers

  • Sold twice: first on 26 May 2015 for AED 1,663,000, last on 11 January 2024 for AED 1,600,000 (AED 1,178 per sqft).
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 86,400 by October 2024.
  • At AED 86,400 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 26,700 a year (AED 19.66 per sqft).
  • Two-beds in Dubai Wharf Tower 3 sold for AED 2,285,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,216 per sqft.

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 409, Dubai Wharf Tower 3

What did unit 409 last sell for?

AED 1,600,000 on 11 January 2024: AED 1,178 per sqft for 1,357 sqft. The unit has 2 registered sales; the first was AED 1,663,000 in May 2015.

What is the rent for unit 409?

AED 86,400 a year on the contract signed on 20 October 2024. The previous contract, from October 2023, was AED 84,000; the unit has been rented since May 2017.

How big is unit 409?

1,357 sqft (126.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2016.

What is unit 409 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 3 sold for AED 2,285,000 to 2,600,000 in the last 12 months, around AED 973 per sqft.

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Mortgage on 409, Dubai Wharf Tower 3

Starts from the last sale price (AED 1.6M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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