408, West Wharf Tower
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, West Wharf Tower
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 871 sqft
- Floor
- 4th of 17
- Parking
- B3-46
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.07M · June 2009
- Building
- West Wharf Tower
About 408, West Wharf Tower
408 is a one-bedroom apartment of 871 sqft on the 4th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 22 June 2009 for AED 1,065,734, or AED 1,223 per sqft, 22% below the AED 1,577 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 24 March 2025, is AED 100,000 a year: a gross yield of 9.4% on the 2009 price, before the service charge of about AED 18,800 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in West Wharf Tower, and where 408 sits
All 37 1-beds →408 last sold in June 2009 at AED 1,223 per sqft, 22% below what one-beds in West Wharf Tower were fetching at the time (AED 1,577). Over the last 12 months one-beds sold for AED 1,700,000, around AED 1,509 per sqft, and rent for AED 85,000 to 90,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 1,126 sqft | 1,700,000 | 1,509 | ||
| 7 Jul 20257 July 2025 | 766 sqft | 1,350,000 | 1,762 | ||
| 1 May 20251 May 2025 | 561 sqft | 1,100,000 | 1,960 | ||
| 8 Jan 20258 January 2025 | 561 sqft | 1,050,000 | 1,871 |
West Wharf Tower
Building111 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%
Other units on the 4th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 561 sqft | AED 1.05MAED 1,050,000 · Jan 2025January 2025 | 55,000 /yr | |
| 402 | 1-bed | 559 sqft | AED 755KAED 755,000 · May 2023May 2023 | 80,000 /yr | |
| 403 | 1-bed | 821 sqft | AED 1.62MAED 1,622,325 · Jun 2009June 2009 | 63,500 /yr | |
| 404 | Studio | 632 sqft | AED 480KAED 480,000 · Mar 2019March 2019 | 75,000 /yr | |
| 405 | 1-bed | 1,179 sqft | AED 1.23MAED 1,225,000 · Sep 2023September 2023 | 80,000 /yr | |
| 406 | Studio | 600 sqft | AED 917KAED 917,411 · Dec 2024December 2024 | 60,000 /yr | |
| 407 | Studio | 671 sqft | AED 1.01MAED 1,010,000 · Nov 2017November 2017 | ||
| 409 | 1-bed | 749 sqft | AED 870KAED 870,000 · Jul 2018July 2018 | 72,000 /yr | |
| 410 | 1-bed | 892 sqft | AED 1.2MAED 1,200,000 · Jan 2023January 2023 | 110,000 /yr |
408, West Wharf Tower in numbers
- Sold once: by Capital Trust Gulf on 22 June 2009 for AED 1,065,734, or AED 1,223 per sqft.
- Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 84,923 in 2023 and recovered to AED 100,000 by March 2025.
- At AED 100,000 a year the gross yield on the 2009 price is 9.4%, before a service charge of about AED 18,800 a year (AED 21.62 per sqft).
- One-beds in West Wharf Tower sold for AED 1,700,000–1,700,000 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 24 March 2025.
Questions about 408, West Wharf Tower
What did unit 408 last sell for?
AED 1,065,734 on 22 June 2009, sold by the developer: AED 1,223 per sqft for 871 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 100,000 a year on the contract renewed on 24 March 2025. The previous contract, from March 2024, was AED 92,000; the unit has been rented since February 2015.
How big is unit 408?
871 sqft (80.9 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2013.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Wharf Tower sold for AED 1,700,000 to 1,700,000 in the last 12 months, around AED 1,509 per sqft.
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Mortgage on 408, West Wharf Tower
Starts from the last sale price (AED 1.07M, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,065,734
- Deposit, UAE resident (20%)
- AED 213,147
- Deposit, non-resident (40%)
- AED 426,294
- Monthly over 25 years at 3.7%
- AED 4,360
Plus AED 49,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →