Studio · 602 sqftWest Wharf Tower, Business Bay · 3rd floor · completed 2013

304, West Wharf Tower

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 19 July 2025
Last soldAED 700K4 July 2023
Current rentAED 70K /yr19 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, West Wharf Tower

What is 304 worth today?

Last sold for AED 700,000 in 2023

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19 Jul 2025RentedRenewal
AED 70,000/yr12 months · AED 118 per sqft
19 Jul 2024RentedRenewal
AED 70,000/yr12 months · AED 116 per sqft
15 Sep 2023RentedNew contract
AED 52,500/yr10 months · AED 87 per sqft
4 Jul 2023SoldReady
AED 700,000AED 1,162 per sqft
15 Sep 2022RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
15 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 83 per sqft
1 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 83 per sqft
10 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 100 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2025.

Key facts

Type
Studio apartment
Size
602 sqft
Floor
3rd of 17
Parking
B3-4 0
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,000 /yr
Last sold
AED 700K · July 2023

About 304, West Wharf Tower

304 is a studio of 602 sqft on the 3rd floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 4 July 2023 for AED 700,000, or AED 1,162 per sqft, in line with the AED 1,185 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 19 July 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in West Wharf Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 959,185; 2013 AED 850,000; 2014 AED 987,500; 2015 AED 966,930; 2016 AED 950,000; 2018 AED 500,000; 2019 AED 480,000; 2022 AED 735,000; 2023 AED 752,500; 2024 AED 770,000; 2025 AED 915,000Sold by developer, October 2016: AED 950,000 (AED 1,578 per sqft)Sold, July 2023: AED 700,000 (AED 1,162 per sqft)

304 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 304, each contractTypical studio in West Wharf Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 76,000; 2015 AED 72,500; 2016 AED 75,000; 2017 AED 72,000; 2018 AED 61,000; 2019 AED 52,000; 2020 AED 43,500; 2021 AED 47,000; 2022 AED 52,000; 2023 AED 56,500; 2024 AED 67,500; 2025 AED 65,000; 2026 AED 70,000New contract, January 2017: AED 65,000 a yearRenewal, January 2018: AED 65,000 a yearNew contract, June 2018: AED 60,000 a yearNew contract, September 2019: AED 50,000 a yearRenewal, September 2021: AED 50,000 a yearNew contract, September 2022: AED 50,000 a yearNew contract, September 2023: AED 52,500 a yearRenewal, July 2024: AED 70,000 a yearRenewal, July 2025: AED 70,000 a year

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

Studios in West Wharf Tower, and where 304 sits

All 36 studios →

304 last sold in July 2023 at AED 1,162 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,185). Over the last 12 months studios sold for AED 995,000, around AED 1,483 per sqft, and rent for AED 63,000 to 100,000 a year. 304's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Jan 2026995,000
21 Jul 2025920,000
4 Jul 2025880,000
25 Jun 20251,000,000
1 studio sale in the last 12 months

West Wharf Tower

Building

111 apartments, studios to 5-bed over 17 floors in Business Bay, completed in 2013 by Capital Trust Gulf. 3 sold in the last 12 months.

Typical price per sqft
AED 1,483
Typical sale
AED 1.7M
Typical rent
AED 85K /yr
Typical yield
7.4%
West Wharf Tower, Business Bay: prices, sales and rents →

Other units on the 3rd floor

All 111 units in West Wharf Tower
Value
301StudioAED 770K · Mar 2024
302StudioAED 975K · Sep 2014
3031-bedAED 1.61M · Jun 2009
3051-bedAED 1.25M · Jan 2016
306StudioAED 778K · Feb 2015
307StudioAED 995K · Jan 2026
308AED 1.55M · Aug 2025
1–7 of 9

304, West Wharf Tower in numbers

  • Sold twice: first on 3 October 2016 for AED 950,000, last on 4 July 2023 for AED 700,000 (AED 1,162 per sqft).
  • Rented since January 2017 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2022 and recovered to AED 70,000 by July 2025.
  • At AED 70,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 13,000 a year (AED 21.62 per sqft).
  • Studios in West Wharf Tower sold for AED 995,000–995,000 in the 12 months to November 2026; the building's median across all types is AED 1,483 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2025.

Questions about 304, West Wharf Tower

What did unit 304 last sell for?

AED 700,000 on 4 July 2023: AED 1,162 per sqft for 602 sqft. The unit has 2 registered sales; the first was AED 950,000 in October 2016.

What is the rent for unit 304?

AED 70,000 a year on the contract renewed on 19 July 2025. The previous contract, from July 2024, was AED 70,000; the unit has been rented since January 2017.

How big is unit 304?

602 sqft (55.9 sqm): a studio on the 3rd floor of a 17-storey tower completed in 2013.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in West Wharf Tower sold for AED 995,000 to 995,000 in the last 12 months, around AED 1,483 per sqft.

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Mortgage on 304, West Wharf Tower

Starts from the last sale price (AED 700K, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →