West Wharef Tower in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in West Wharef Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	174	14,170	2,462,500

Rents in West Wharef Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	55	1,145	63,000
2	135	956	129,000
3	165	909	150,000

The cap rate (rental yield) of investments into West Wharef Tower project is 6.8% on average.

The price of an apartment in West Wharef Tower is 14,170 AED/sqm on average.

The long term rent of an apartment in West Wharef Tower is 963 AED/sqm/year on average.

Price for completed 2 bedroom apartment in West Wharef Tower is 2,462,500 AED or 14,170 AED/sqm.

Rent for Studio apartment in West Wharef Tower is 63,000 AED or 1,145 AED/sqm.
Rent for 2 bedroom apartment in West Wharef Tower is 129,000 AED or 956 AED/sqm.
Rent for 3 bedroom apartment in West Wharef Tower is 150,000 AED or 909 AED/sqm.

About West Wharef Tower

'West Wharef Tower' in 'Business Bay' area project description

West Wharf Tower is a residential development located in Dubai Marina, a waterfront development in the city of Dubai, United Arab Emirates. The project is developed by Dubai Properties Group, a leading real estate developer in the region.

West Wharf Tower is a high-rise building that stands at a height of approximately 200 meters and consists of 42 floors. It offers a total of 544 luxury apartments ranging from one, two, three and four-bedroom units. The apartments have been designed to provide maximum comfort and convenience to its residents, with spacious living areas and balconies overlooking the marina.

The project also features a number of amenities and facilities for its residents, such as a fully-equipped gym, swimming pool, sauna, steam room, Jacuzzi, children's play area, and a multi-purpose hall. Additionally, there is a business center, retail outlets, and a restaurant.

The building is located in a prime location in Dubai Marina, close to the beach and other attractions. It is also conveniently located near the Dubai Metro and the Dubai Tram, making it easy to access other parts of the city.

West Wharf Tower is a luxurious development that offers its residents an ideal living environment. It is a great choice for those looking for a modern lifestyle in a convenient location. With its excellent amenities and facilities, it is sure to provide its residents with a comfortable and enjoyable living experience.

Q&A on West Wharef Tower

What are the advantages of 'West Wharef Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: West Wharf Tower is located in the heart of Dubai's waterfront district, offering easy access to the city's attractions, shopping, dining, and entertainment.

2. Luxury Amenities: The tower offers a range of luxury amenities, including a rooftop pool, gym, spa, and private cinema.

3. High-end Finishes: The tower features high-end finishes such as marble flooring, Italian kitchen cabinets, and designer bathrooms.

4. Security: The tower is equipped with 24-hour security, CCTV cameras, and access control systems.

5. Investment Potential: The tower is expected to appreciate in value over time, making it an attractive investment opportunity for real estate buyers.

What projects are better than 'West Wharef Tower' project in Dubai which are located close by, and why?

- The Opus by Omniyat
- Features: Designed by Zaha Hadid, mixed-use building with offices, residences, and a hotel (ME Dubai) operated by Melia Hotels International.
- Advantages: Iconic design, prime location, high-end amenities, and strong brand associations.

- Paramount Tower Hotel & Residences
- Features: Branded by Paramount Pictures with hotel rooms and luxury residences, offering Hollywood glamour and unique amenities.
- Advantages: Distinctive lifestyle experience, world-class facilities, cinematic touch to interiors, and strategic location.

- The Atria
- Features: Twin-tower development offering serviced apartments, residential units, and a hotel, managed by Millennium Hotels and Resorts.
- Advantages: Versatile living options, high-quality finishes, comprehensive amenities including infinity pools and spas.

- The Executive Towers
- Features: A complex of 12 towers with a mix of residential units, commercial spaces, and a hotel tower, anchored by the Bay Avenue shopping mall.
- Advantages: Community-style living, extensive facilities, direct access to retail spaces, and multiple tower options.

- DAMAC Towers by Paramount Hotels & Resorts
- Features: Four-tower project with luxury serviced apartments and a Paramount-branded hotel, offering luxurious living and hospitality services.
- Advantages: Premium branding, top-tier amenities including a cinema and wellness center, and sophisticated interiors.

- Volante Tower
- Features: Ultra-luxury residential tower with full-floor apartments, designed for high-end clientele, offering panoramic views of the Dubai Canal and Burj Khalifa.
- Advantages: Privacy with only half-floor or full-floor units, exceptional quality of finish, and bespoke services for residents.

- Executive Bay by DAMAC
- Features: Twin-tower mixed-use development consisting of office spaces and serviced apartments, featuring modern design and facilities.
- Advantages: Flexible investment options with both commercial and residential spaces, excellent location with easy access to Downtown Dubai.

These projects offer a variety of architectural styles, amenities, and lifestyle experiences that cater to different preferences and investment goals in the vibrant Business Bay area.