1-bed · 821 sqftWest Wharf Tower, Business Bay · 5th floor · completed 2013

503, West Wharf Tower

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 1.46M4 March 2015
Current rentAED 80K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, West Wharf Tower

What is 503 worth today?

Last sold for AED 1,460,650 in 2015

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20 May 2025RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
20 May 2024RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
31 Mar 2021RentedNew contract
AED 54,000/yr12 months · AED 66 per sqft
5 Nov 2018RentedNew contract
AED 72,000/yr12 months · AED 88 per sqft
9 Mar 2015RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
4 Mar 2015SoldReady
AED 1,460,650AED 1,778 per sqft
22 Jun 2009Sold by developerOff-plan
AED 1,460,650AED 1,778 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
5th of 17
Parking
B3-41
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 1.46M · March 2015

About 503, West Wharf Tower

503 is a one-bedroom apartment of 821 sqft on the 5th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 4 March 2015 for AED 1,460,650, or AED 1,778 per sqft, 6% above the AED 1,673 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 80,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in West Wharf Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,277,917; 2014 AED 1,375,000; 2015 AED 1,417,825; 2016 AED 1,313,600; 2021 AED 700,000; 2022 AED 932,500; 2023 AED 900,000; 2024 AED 1,100,000; 2025 AED 1,100,000Sold by developer, June 2009: AED 1,460,650 (AED 1,778 per sqft)Sold, March 2015: AED 1,460,650 (AED 1,778 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in West Wharf Tower
50K75K100K2015201820212024Typical rent by year: 2015 AED 97,500; 2016 AED 94,873; 2017 AED 88,500; 2018 AED 79,000; 2019 AED 75,500; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 63,500; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 90,000New contract, March 2015: AED 100,000 a yearNew contract, November 2018: AED 72,000 a yearNew contract, March 2021: AED 54,000 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 2025: AED 80,000 a year

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 503 sits

All 37 1-beds →

503 last sold in March 2015 at AED 1,778 per sqft, 6% above what one-beds in West Wharf Tower were fetching at the time (AED 1,673). 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 salesUnit no.Price (AED)Summary
12 Feb 20261,700,000
7 Jul 20251,350,000
1 May 20251,100,000
8 Jan 20251,050,000
1 1-bed 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 5th floor

All 111 units in West Wharf Tower
Value
5011-bedAED 1.1M · May 2025
502StudioAED 951K · Feb 2015
504StudioAED 1M · Nov 2014
5051-bedAED 1.35M · Jul 2025
506StudioAED 770K · Aug 2024
507StudioAED 1.36M · Jun 2009
5081-bedAED 1.7M · Feb 2026
1–7 of 9

503, West Wharf Tower in numbers

  • Sold twice: first on 22 June 2009 for AED 1,460,650, last on 4 March 2015 for AED 1,460,650 (AED 1,778 per sqft).
  • Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 54,000 in 2021 and recovered to AED 80,000 by May 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 17,800 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 20 May 2025.

Questions about 503, West Wharf Tower

What did unit 503 last sell for?

AED 1,460,650 on 4 March 2015: AED 1,778 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 1,460,650 in June 2009.

What is the rent for unit 503?

AED 80,000 a year on the contract renewed on 20 May 2025. The previous contract, from May 2024, was AED 80,000; the unit has been rented since March 2015.

How big is unit 503?

821 sqft (76.3 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2013.

What is unit 503 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 503, West Wharf Tower

Starts from the last sale price (AED 1.46M, 4 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,650
Deposit, UAE resident (20%)
AED 292,130
Deposit, non-resident (40%)
AED 584,260
Monthly over 25 years at 3.7%
AED 5,976

Plus AED 66,357 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →