2-bed · 1,392 sqftDubai Wharf Tower 3, Culture Village · 7th floor · completed 2016

703, Dubai Wharf Tower 3

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.63M3 April 2024
Current rentAED 76K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Dubai Wharf Tower 3

What is 703 worth today?

Last sold for AED 1,625,000 in 2024

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1 Jul 2024RentedRenewal
AED 75,640/yr8 months · AED 54 per sqft
1 Jul 2024RentedRenewal
AED 75,640/yr8 months · AED 54 per sqft
3 Apr 2024SoldReady
AED 1,625,000AED 1,167 per sqft
1 Jul 2023RentedRenewal
AED 74,000/yr12 months · AED 53 per sqft
1 Jul 2022RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
1 Jul 2021RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
5 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
9 Dec 2014Sold by developerOff-plan
AED 1,756,000AED 1,261 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
7th of 7
Parking
B3-622
Developer
Dubai Wharf
Completed
2016
Service charge
AED 27,400 /yr
Last sold
AED 1.63M · April 2024

About 703, Dubai Wharf Tower 3

703 is a two-bedroom apartment of 1,392 sqft on the 7th floor of Dubai Wharf Tower 3, a 7-storey tower in Culture Village completed in 2016 by Dubai Wharf. It last sold on 3 April 2024 for AED 1,625,000, or AED 1,167 per sqft, in line with the AED 1,167 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 75,640 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 27,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2014: AED 1,756,000 (AED 1,261 per sqft)Sold, April 2024: AED 1,625,000 (AED 1,167 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Dubai Wharf Tower 3
75K100K2017202020232026Typical 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, December 2018: AED 85,000 a yearNew contract, July 2021: AED 68,000 a yearNew contract, July 2022: AED 68,000 a yearRenewal, July 2023: AED 74,000 a yearRenewal, July 2024: AED 75,640 a yearRenewal, July 2024: AED 75,640 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 703 sits

All 51 2-beds →

703 last sold in April 2024 at AED 1,167 per sqft, in line with what two-beds in Dubai Wharf Tower 3 were fetching at the time (AED 1,167). 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. 703's AED 75,640 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 97K /yr
Typical yield
6.4%
Dubai Wharf Tower 3, Culture Village: prices, sales and rents →

Other units on the 7th floor

All 119 units in Dubai Wharf Tower 3
Value
7013-bedAED 3.49M · Mar 2015
7022-bedAED 2.1M · Mar 2025
7041-bedAED 1.59M · Jan 2015
7051-bedAED 1.77M · May 2015
7061-bedAED 1.25M · Jul 2017
7071-bedAED 1.3M · May 2025
7081-bedAED 1.68M · Sep 2016
1–7 of 19

703, Dubai Wharf Tower 3 in numbers

  • Sold twice: first on 9 December 2014 for AED 1,756,000, last on 3 April 2024 for AED 1,625,000 (AED 1,167 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 68,000 in 2022 and recovered to AED 75,640 by July 2024.
  • At AED 75,640 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 27,400 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 1 July 2024.

Questions about 703, Dubai Wharf Tower 3

What did unit 703 last sell for?

AED 1,625,000 on 3 April 2024: AED 1,167 per sqft for 1,392 sqft. The unit has 2 registered sales; the first was AED 1,756,000 in December 2014.

What is the rent for unit 703?

AED 75,640 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 75,640; the unit has been rented since December 2018.

How big is unit 703?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2016.

What is unit 703 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 703, Dubai Wharf Tower 3

Starts from the last sale price (AED 1.63M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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