1003, Waves Tower
Sold prices and rental history: sold twice, last in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Waves Tower
What is 1003 worth today?
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Source: Dubai Land Department. Updated 14 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,428 sqft
- Floor
- 10th of 19
- Parking
- P2-19
- Service charge
- AED 22,800 /yr
- Last sold
- AED 2.19M · August 2022
- Building
- Waves Tower
About 1003, Waves Tower
1003 is a two-bedroom apartment of 1,428 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 26 August 2022 for AED 2,190,000, or AED 1,533 per sqft, 14% above the AED 1,348 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 14 November 2025, is AED 155,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 22,800 a year.
Sales and rents for 1003 over time
1003 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1003 sits
All 49 2-beds →1003 last sold in August 2022 at AED 1,533 per sqft, 14% above what two-beds in Waves Tower were fetching at the time (AED 1,348). 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. 1003's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,579 sqft | 2,175,000 | 1,377 | ||
| 25 Sep 202625 September 2026 | 1,579 sqft | 2,110,000 | 1,335 | ||
| 18 Aug 202618 August 2026 | 1,428 sqft | 2,500,000 | 1,750 | ||
| 26 Jan 202626 January 2026 | 1,428 sqft | 2,260,000 | 1,582 |
Waves Tower
Building193 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%
Other units on the 10th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 980 sqft | AED 1.26MAED 1,262,833 · Jul 2022July 2022 | 85,263 /yr | |
| 1002 | 2-bed | 1,433 sqft | AED 2.35MAED 2,350,000 · Dec 2025December 2025 | 150,000 /yr | |
| 1004 | 1-bed | 839 sqft | AED 1.3MAED 1,300,000 · Nov 2022November 2022 | 100,000 /yr | |
| 1005 | 1-bed | 830 sqft | AED 1.07MAED 1,074,384 · Sep 2022September 2022 | 115,000 /yr | |
| 1006 | Studio | 442 sqft | AED 690KAED 689,709 · Jul 2022July 2022 | ||
| 1007 | Studio | 487 sqft | AED 770KAED 769,620 · Sep 2022September 2022 | 65,000 /yr | |
| 1008 | 1-bed | 1,020 sqft | AED 1.15MAED 1,146,885 · Sep 2022September 2022 | 95,000 /yr | |
| 1009 | 2-bed | 1,580 sqft | AED 1.91MAED 1,907,000 · Sep 2022September 2022 | 120,000 /yr | |
| 1010 | Studio | 429 sqft | AED 691KAED 691,151 · Aug 2022August 2022 | ||
| 1011 | Studio | 418 sqft | AED 686KAED 686,000 · Jun 2022June 2022 | 68,000 /yr |
1003, Waves Tower in numbers
- Sold twice: first on 15 August 2022 for AED 1,958,220, last on 26 August 2022 for AED 2,190,000 (AED 1,533 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 160,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 22,800 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 14 November 2025.
Questions about 1003, Waves Tower
What did unit 1003 last sell for?
AED 2,190,000 on 26 August 2022: AED 1,533 per sqft for 1,428 sqft. The unit has 2 registered sales; the first was AED 1,958,220 in August 2022.
What is the rent for unit 1003?
AED 155,000 a year on the contract signed on 14 November 2025. The previous contract, from September 2024, was AED 220,000; the unit has been rented since October 2022.
How big is unit 1003?
1,428 sqft (132.7 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower.
What is unit 1003 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 1003, Waves Tower
Starts from the last sale price (AED 2.19M, 26 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,190,000
- Deposit, UAE resident (20%)
- AED 438,000
- Deposit, non-resident (40%)
- AED 876,000
- Monthly over 25 years at 3.7%
- AED 8,960
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →