505, West Wharf Tower
Sold prices and rental history: sold 3 times, last in July 2025, 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 505, West Wharf Tower
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 766 sqft
- Floor
- 5th of 17
- Parking
- B3-39
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.35M · July 2025
- Building
- West Wharf Tower
About 505, West Wharf Tower
505 is a one-bedroom apartment of 766 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 7 July 2025 for AED 1,350,000, or AED 1,762 per sqft, 4% below the AED 1,842 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 June 2025, is AED 70,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 16,600 a year.
Sales and rents for 505 over time
505 has sold 3 times; 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 505 sits
All 37 1-beds →505 last sold in July 2025 at AED 1,762 per sqft, 4% below what one-beds in West Wharf Tower were fetching at the time (AED 1,842). 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 | ||
| 1 May 20251 May 2025 | 561 sqft | 1,100,000 | 1,960 | ||
| 8 Jan 20258 January 2025 | 561 sqft | 1,050,000 | 1,871 | ||
| 24 Dec 202424 December 2024 | 559 sqft | 1,013,000 | 1,812 |
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 5th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 561 sqft | AED 1.1MAED 1,100,000 · May 2025May 2025 | 75,000 /yr | |
| 502 | Studio | 559 sqft | AED 951KAED 950,859 · Feb 2015February 2015 | 55,000 /yr | |
| 503 | 1-bed | 821 sqft | AED 1.46MAED 1,460,650 · Mar 2015March 2015 | 80,000 /yr | |
| 504 | Studio | 602 sqft | AED 1MAED 1,000,000 · Nov 2014November 2014 | 65,000 /yr | |
| 506 | Studio | 597 sqft | AED 770KAED 770,000 · Aug 2024August 2024 | 62,831 /yr | |
| 507 | Studio | 671 sqft | AED 1.36MAED 1,361,960 · Jun 2009June 2009 | 72,000 /yr | |
| 508 | 1-bed | 1,126 sqft | AED 1.7MAED 1,700,000 · Feb 2026February 2026 | 115,000 /yr | |
| 509 | 1-bed | 897 sqft | AED 1.16MAED 1,156,913 · Jun 2009June 2009 | 64,000 /yr | |
| 510 | 1-bed | 892 sqft | AED 800KAED 800,000 · Jul 2021July 2021 | 105,000 /yr |
505, West Wharf Tower in numbers
- Sold 3 times: first on 22 June 2009 for AED 894,909, last on 7 July 2025 for AED 1,350,000 (AED 1,762 per sqft).
- Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 55,000 in 2021 and recovered to AED 70,000 by June 2025.
- At AED 70,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 16,600 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 7 July 2025.
Questions about 505, West Wharf Tower
What did unit 505 last sell for?
AED 1,350,000 on 7 July 2025: AED 1,762 per sqft for 766 sqft. The unit has 3 registered sales; the first was AED 894,909 in June 2009.
What is the rent for unit 505?
AED 70,000 a year on the contract signed on 1 June 2025. The previous contract, from December 2023, was AED 74,000; the unit has been rented since April 2015.
How big is unit 505?
766 sqft (71.2 sqm): a one-bedroom apartment on the 5th floor of a 17-storey tower completed in 2013.
What is unit 505 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 505, West Wharf Tower
Starts from the last sale price (AED 1.35M, 7 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →