2-bed · 1,433 sqftWaves Tower, Business Bay · 10th floor

1002, Waves Tower

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 28 March 2026
Last soldAED 2.35M9 December 2025
Current rentAED 150K /yr28 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Waves Tower

What is 1002 worth today?

Last sold for AED 2,350,000 in 2025

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28 Mar 2026RentedNew contract
AED 150,000/yr12 months · AED 105 per sqft
9 Dec 2025SoldReady
AED 2,350,000AED 1,640 per sqft
28 Aug 2024RentedRenewal
AED 152,727/yr1 months · AED 107 per sqft
28 Aug 2023RentedRenewal
AED 150,000/yr12 months · AED 105 per sqft
28 Aug 2022RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
23 Jun 2022Sold by developerReady
AED 1,888,500AED 1,318 per sqft

Source: Dubai Land Department. Updated 28 March 2026.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
10th of 19
Parking
P2-18
Service charge
AED 22,900 /yr
Last sold
AED 2.35M · December 2025
Building
Waves Tower

About 1002, Waves Tower

1002 is a two-bedroom apartment of 1,433 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 9 December 2025 for AED 2,350,000, or AED 1,640 per sqft, in line with the AED 1,680 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 28 March 2026, is AED 150,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Waves Tower
2M2.25M202220242026Typical sale price by year: 2022 AED 1,988,973; 2023 AED 2,318,750; 2024 AED 2,362,500; 2025 AED 2,400,000; 2026 AED 2,330,000Sold by developer, June 2022: AED 1,888,500 (AED 1,318 per sqft)Sold, December 2025: AED 2,350,000 (AED 1,640 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Waves Tower
140K150K202220242026Typical rent by year: 2022 AED 135,000; 2023 AED 150,000; 2024 AED 152,727; 2025 AED 155,000; 2026 AED 150,000New contract, August 2022: AED 135,000 a yearRenewal, August 2023: AED 150,000 a yearRenewal, August 2024: AED 152,727 a yearNew contract, March 2026: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Waves Tower, and where 1002 sits

All 49 2-beds →

1002 last sold in December 2025 at AED 1,640 per sqft, in line with what two-beds in Waves Tower were fetching at the time (AED 1,680). Over the last 12 months two-beds sold for AED 2,110,000 to 2,500,000, around AED 1,582 per sqft, and rent for AED 120,000 to 215,000 a year. 1002's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,175,000
25 Sep 20262,110,000
18 Aug 20262,500,000
26 Jan 20262,260,000
7 2-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
10011-bedAED 1.26M · Jul 2022
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

1002, Waves Tower in numbers

  • Sold twice: first on 23 June 2022 for AED 1,888,500, last on 9 December 2025 for AED 2,350,000 (AED 1,640 per sqft).
  • Rented since August 2022 on 4 Ejari contracts, from AED 135,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 22,900 a year (AED 15.97 per sqft).
  • Two-beds in Waves Tower sold for AED 2,110,000–2,500,000 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 28 March 2026.

Questions about 1002, Waves Tower

What did unit 1002 last sell for?

AED 2,350,000 on 9 December 2025: AED 1,640 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 1,888,500 in June 2022.

What is the rent for unit 1002?

AED 150,000 a year on the contract signed on 28 March 2026. The previous contract, from August 2024, was AED 152,727; the unit has been rented since August 2022.

How big is unit 1002?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Waves Tower sold for AED 2,110,000 to 2,500,000 in the last 12 months, around AED 1,582 per sqft.

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Mortgage on 1002, Waves Tower

Starts from the last sale price (AED 2.35M, 9 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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