1-bed · 559 sqftWest Wharf Tower, Business Bay · 7th floor · completed 2013

702, West Wharf Tower

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 31 March 2025
Last soldAED 1.01M24 December 2024
Current rentAED 80K /yr31 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, West Wharf Tower

What is 702 worth today?

Last sold for AED 1,013,000 in 2024

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31 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 143 per sqft
24 Dec 2024SoldReady
AED 1,013,000AED 1,812 per sqft
1 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 116 per sqft
10 Aug 2021RentedNew contract
AED 69,600/yr12 months · AED 124 per sqft
6 Feb 2020SoldReady
AED 590,000AED 1,055 per sqft
10 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
5 Mar 2016RentedRenewal
AED 80,000/yr12 months · AED 143 per sqft
5 Mar 2015RentedNew contract
AED 80,000/yr12 months · AED 143 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2025.

Key facts

Type
1-bed apartment
Size
559 sqft
Floor
7th of 17
Parking
B3-22
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 12,100 /yr
Last sold
AED 1.01M · December 2024

About 702, West Wharf Tower

702 is a one-bedroom apartment of 559 sqft on the 7th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 24 December 2024 for AED 1,013,000, or AED 1,812 per sqft, in line with the AED 1,762 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 31 March 2025, is AED 80,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 12,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in West Wharf Tower
500K1M1.5M2009201420192024Typical 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 910,350 (AED 1,629 per sqft)Sold, February 2015: AED 910,350 (AED 1,629 per sqft)Sold, February 2020: AED 590,000 (AED 1,055 per sqft)Sold, December 2024: AED 1,013,000 (AED 1,812 per sqft)

702 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, each contractTypical one-bed in West Wharf Tower
60K80K100K2015201820212024Typical 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 80,000 a yearRenewal, March 2016: AED 80,000 a yearNew contract, February 2019: AED 60,000 a yearNew contract, August 2021: AED 69,600 a yearNew contract, September 2022: AED 65,000 a yearNew contract, March 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 702 sits

All 37 1-beds →

702 last sold in December 2024 at AED 1,812 per sqft, in line with what one-beds in West Wharf Tower were fetching at the time (AED 1,762). 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 7th floor

All 111 units in West Wharf Tower
Value
7011-bedAED 1.1M · Nov 2024
7031-bedAED 941K · Jun 2009
704StudioAED 1M · Nov 2014
7052-bedAED 1.8M · Jul 2024
7061-bedAED 1.3M · Jun 2018
7072-bedAED 2.85M · Jan 2017
7083-bedAED 3.2M · Mar 2024

702, West Wharf Tower in numbers

  • Sold 4 times: first on 23 June 2009 for AED 910,350, last on 24 December 2024 for AED 1,013,000 (AED 1,812 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2019 and recovered to AED 80,000 by March 2025.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 12,100 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 31 March 2025.

Questions about 702, West Wharf Tower

What did unit 702 last sell for?

AED 1,013,000 on 24 December 2024: AED 1,812 per sqft for 559 sqft. The unit has 4 registered sales; the first was AED 910,350 in June 2009.

What is the rent for unit 702?

AED 80,000 a year on the contract signed on 31 March 2025. The previous contract, from September 2022, was AED 65,000; the unit has been rented since March 2015.

How big is unit 702?

559 sqft (51.9 sqm): a one-bedroom apartment on the 7th floor of a 17-storey tower completed in 2013.

What is unit 702 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 702, West Wharf Tower

Starts from the last sale price (AED 1.01M, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,013,000
Deposit, UAE resident (20%)
AED 202,600
Deposit, non-resident (40%)
AED 405,200
Monthly over 25 years at 3.7%
AED 4,144

Plus AED 47,556 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →