704, West Wharf Tower
Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, West Wharf Tower
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 602 sqft
- Floor
- 7th of 17
- Parking
- B3-20
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 13,000 /yr
- Last sold
- AED 1M · November 2014
- Building
- West Wharf Tower
About 704, West Wharf Tower
704 is a studio of 602 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 November 2014 for AED 1,000,000, or AED 1,661 per sqft, in line with the AED 1,661 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 25 August 2025, is AED 65,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 13,000 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the studio median of each year in the building.
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 704 sits
All 36 studios →704 last sold in November 2014 at AED 1,661 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,661). 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. 704's AED 65,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 671 sqft | 995,000 | 1,483 | ||
| 21 Jul 202521 July 2025 | 559 sqft | 920,000 | 1,646 | ||
| 4 Jul 20254 July 2025 | 600 sqft | 880,000 | 1,465 | ||
| 25 Jun 202525 June 2025 | 561 sqft | 1,000,000 | 1,782 |
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 7th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 561 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 145,000 /yr | |
| 702 | 1-bed | 559 sqft | AED 1.01MAED 1,013,000 · Dec 2024December 2024 | 80,000 /yr | |
| 703 | 1-bed | 821 sqft | AED 941KAED 940,567 · Jun 2009June 2009 | 85,000 /yr | |
| 705 | 2-bed | 1,449 sqft | AED 1.8MAED 1,800,000 · Jul 2024July 2024 | 129,000 /yr | |
| 706 | 1-bed | 1,349 sqft | AED 1.3MAED 1,300,000 · Jun 2018June 2018 | ||
| 707 | 2-bed | 2,077 sqft | AED 2.85MAED 2,850,000 · Jan 2017January 2017 | 150,000 /yr | |
| 708 | 3-bed | 1,781 sqft | AED 3.2MAED 3,200,000 · Mar 2024March 2024 | 115,000 /yr |
704, West Wharf Tower in numbers
- Sold twice: first on 23 June 2009 for AED 964,415, last on 24 November 2014 for AED 1,000,000 (AED 1,661 per sqft).
- Rented since December 2020 on 6 Ejari contracts, from AED 45,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2014 price is 6.5%, 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 25 August 2025.
Questions about 704, West Wharf Tower
What did unit 704 last sell for?
AED 1,000,000 on 24 November 2014: AED 1,661 per sqft for 602 sqft. The unit has 2 registered sales; the first was AED 964,415 in June 2009.
What is the rent for unit 704?
AED 65,000 a year on the contract renewed on 25 August 2025. The previous contract, from August 2024, was AED 65,000; the unit has been rented since December 2020.
How big is unit 704?
602 sqft (55.9 sqm): a studio on the 7th floor of a 17-storey tower completed in 2013.
What is unit 704 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 704, West Wharf Tower
Starts from the last sale price (AED 1M, 24 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →