2-bed · 1,508 sqftDubai Wharf Tower 3, Culture Village · 7th floor · completed 2016

717, Dubai Wharf Tower 3

Sold prices and rental history: sold 3 times, 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 717 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 2.05M12 January 2024
Current rentAED 80K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Dubai Wharf Tower 3

What is 717 worth today?

Last sold for AED 2,050,000 in 2024

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12 Jan 2024SoldReady
AED 2,050,000AED 1,359 per sqft
13 Feb 2023SoldReady
AED 1,375,000AED 911 per sqft
15 Dec 2020RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
15 Dec 2019RentedRenewal
AED 87,000/yr12 months · AED 58 per sqft
15 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 66 per sqft
15 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 73 per sqft
27 May 2015Sold by developerOff-plan
AED 1,898,000AED 1,258 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
2-bed apartment
Size
1,508 sqft
Floor
7th of 7
Parking
B3-636
Developer
Dubai Wharf
Completed
2016
Service charge
AED 29,600 /yr
Last sold
AED 2.05M · January 2024

About 717, Dubai Wharf Tower 3

717 is a two-bedroom apartment of 1,508 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 12 January 2024 for AED 2,050,000, or AED 1,359 per sqft, 24% above the AED 1,096 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 December 2020, is AED 80,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 29,600 a year.

Sales and rents for 717 over time

Sales
Unit 717, 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 1,898,000 (AED 1,258 per sqft)Sold, February 2023: AED 1,375,000 (AED 911 per sqft)Sold, January 2024: AED 2,050,000 (AED 1,359 per sqft)

717 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 717, 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, September 2017: AED 110,000 a yearNew contract, December 2018: AED 100,000 a yearRenewal, December 2019: AED 87,000 a yearRenewal, December 2020: AED 80,000 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 3, and where 717 sits

All 51 2-beds →

717 last sold in January 2024 at AED 1,359 per sqft, 24% above what two-beds in Dubai Wharf Tower 3 were fetching at the time (AED 1,096). 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. 717's AED 80,000 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 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

717, Dubai Wharf Tower 3 in numbers

  • Sold 3 times: first on 27 May 2015 for AED 1,898,000, last on 12 January 2024 for AED 2,050,000 (AED 1,359 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 110,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 29,600 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 12 January 2024.

Questions about 717, Dubai Wharf Tower 3

What did unit 717 last sell for?

AED 2,050,000 on 12 January 2024: AED 1,359 per sqft for 1,508 sqft. The unit has 3 registered sales; the first was AED 1,898,000 in May 2015.

What is the rent for unit 717?

AED 80,000 a year on the contract renewed on 15 December 2020. The previous contract, from December 2019, was AED 87,000; the unit has been rented since September 2017.

How big is unit 717?

1,508 sqft (140.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2016.

What is unit 717 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 717, Dubai Wharf Tower 3

Starts from the last sale price (AED 2.05M, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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