3-bed · 2,051 sqftDubai Wharf Tower 3, Culture Village · 7th floor · completed 2016

712, Dubai Wharf Tower 3

Sold prices and rental history: sold twice, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 2.7M30 May 2024
Current rentAED 110K /yr12 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Dubai Wharf Tower 3

What is 712 worth today?

Last sold for AED 2,700,000 in 2024

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30 May 2024SoldReady
AED 2,700,000AED 1,316 per sqft
12 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 54 per sqft
4 Oct 2020RentedNew contract
AED 97,000/yr12 months · AED 47 per sqft
24 Jul 2018Sold by developerReady
AED 3,711,000AED 1,809 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
3-bed apartment
Size
2,051 sqft
Floor
7th of 7
Parking
B3-596, B3-597
Developer
Dubai Wharf
Completed
2016
Service charge
AED 40,300 /yr
Last sold
AED 2.7M · May 2024

About 712, Dubai Wharf Tower 3

712 is a three-bedroom apartment of 2,051 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 30 May 2024 for AED 2,700,000, or AED 1,316 per sqft, in line with the AED 1,301 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 12 October 2021, is AED 110,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 40,300 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical three-bed in Dubai Wharf Tower 3
3M2015201820212024Typical sale price by year: 2015 AED 3,480,000; 2016 AED 3,653,000; 2017 AED 2,600,000; 2023 AED 2,452,500; 2024 AED 2,700,000Sold by developer, July 2018: AED 3,711,000 (AED 1,809 per sqft)Sold, May 2024: AED 2,700,000 (AED 1,316 per sqft)

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

Rents
Unit 712, each contractTypical three-bed in Dubai Wharf Tower 3
100K150K2017202020232026Typical rent by year: 2017 AED 140,000; 2018 AED 135,000; 2019 AED 129,616; 2020 AED 107,500; 2021 AED 110,000; 2022 AED 113,750; 2023 AED 130,000; 2024 AED 126,000; 2025 AED 165,000; 2026 AED 162,500New contract, October 2020: AED 97,000 a yearNew contract, October 2021: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Dubai Wharf Tower 3, and where 712 sits

All 23 3-beds →

712 last sold in May 2024 at AED 1,316 per sqft, in line with what three-beds in Dubai Wharf Tower 3 were fetching at the time (AED 1,301). 712's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20253,000,000
14 Jan 20253,100,000
3 Oct 20243,100,000
19 Aug 20242,400,000
0 3-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 7th floor

All 119 units in Dubai Wharf Tower 3
Value
7013-bedAED 3.49M · Mar 2015
7022-bedAED 2.1M · Mar 2025
7032-bedAED 1.63M · Apr 2024
7041-bedAED 1.59M · Jan 2015
7051-bedAED 1.77M · May 2015
7061-bedAED 1.25M · Jul 2017
7071-bedAED 1.3M · May 2025
1–7 of 19

712, Dubai Wharf Tower 3 in numbers

  • Sold twice: first on 24 July 2018 for AED 3,711,000, last on 30 May 2024 for AED 2,700,000 (AED 1,316 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 97,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 40,300 a year (AED 19.66 per sqft).

Source: Dubai Land Department. Updated 30 May 2024.

Questions about 712, Dubai Wharf Tower 3

What did unit 712 last sell for?

AED 2,700,000 on 30 May 2024: AED 1,316 per sqft for 2,051 sqft. The unit has 2 registered sales; the first was AED 3,711,000 in July 2018.

What is the rent for unit 712?

AED 110,000 a year on the contract signed on 12 October 2021. The previous contract, from October 2020, was AED 97,000.

How big is unit 712?

2,051 sqft (190.5 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2016.

What is unit 712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 712, Dubai Wharf Tower 3

Starts from the last sale price (AED 2.7M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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