1-bed · 980 sqftWaves Tower, Business Bay · 10th floor

1001, Waves Tower

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.26M15 July 2022
Current rentAED 85K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Waves Tower

What is 1001 worth today?

Last sold for AED 1,262,833 in 2022

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1 Nov 2026RentedRenewal
AED 85,263/yr13 months · AED 87 per sqft
1 Nov 2025RentedRenewal
AED 115,000/yr12 months · AED 117 per sqft
1 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
15 Jul 2022Sold by developerReady
AED 1,262,833AED 1,289 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
980 sqft
Floor
10th of 19
Parking
P2-17
Service charge
AED 15,600 /yr
Last sold
AED 1.26M · July 2022
Building
Waves Tower

About 1001, Waves Tower

1001 is a one-bedroom apartment of 980 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 15 July 2022 for AED 1,262,833, or AED 1,289 per sqft, in line with the AED 1,301 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 85,263 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical one-bed in Waves Tower
1.2M1.4M1.6M2022202320242025Typical sale price by year: 2022 AED 1,161,500; 2023 AED 1,401,375; 2024 AED 1,550,000Sold by developer, July 2022: AED 1,262,833 (AED 1,289 per sqft)

1001 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1001, each contractTypical one-bed in Waves Tower
80K100K120K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000New contract, November 2024: AED 120,000 a yearRenewal, November 2025: AED 115,000 a yearRenewal, November 2026: AED 85,263 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 Waves Tower, and where 1001 sits

All 72 1-beds →

1001 last sold in July 2022 at AED 1,289 per sqft, in line with what one-beds in Waves Tower were fetching at the time (AED 1,301). Over the last 12 months one-beds sold for AED 1,385,000 to 1,800,000, around AED 1,743 per sqft, and rent for AED 80,000 to 150,000 a year. 1001's AED 85,263 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Apr 20261,800,000
3 Dec 20251,385,000
30 Jun 20251,575,000
25 Nov 20241,450,000
2 1-bed sales in the last 12 months

Waves Tower

Building

193 apartments, studios to 2-bed over 19 floors in Business Bay. 13 sold in the last 12 months.

Typical price per sqft
AED 1,675
Typical sale
AED 2.11M
Typical rent
AED 95K /yr
Typical yield
6.7%
Waves Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 193 units in Waves Tower
Value
10022-bedAED 2.35M · Dec 2025
10032-bedAED 2.19M · Aug 2022
10041-bedAED 1.3M · Nov 2022
10051-bedAED 1.07M · Sep 2022
1006StudioAED 690K · Jul 2022
1007StudioAED 770K · Sep 2022
10081-bedAED 1.15M · Sep 2022
1–7 of 10

1001, Waves Tower in numbers

  • Sold once: by the developer on 15 July 2022 for AED 1,262,833, or AED 1,289 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, from AED 120,000 to AED 85,263 a year.
  • At AED 85,263 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 15,600 a year (AED 15.97 per sqft).
  • One-beds in Waves Tower sold for AED 1,385,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,675 per sqft.

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 1001, Waves Tower

What did unit 1001 last sell for?

AED 1,262,833 on 15 July 2022, sold by the developer: AED 1,289 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 85,263 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 115,000; the unit has been rented since November 2024.

How big is unit 1001?

980 sqft (91.0 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Waves Tower sold for AED 1,385,000 to 1,800,000 in the last 12 months, around AED 1,743 per sqft.

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Mortgage on 1001, Waves Tower

Starts from the last sale price (AED 1.26M, 15 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,262,833
Deposit, UAE resident (20%)
AED 252,567
Deposit, non-resident (40%)
AED 505,133
Monthly over 25 years at 3.7%
AED 5,167

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →