1-bed · 839 sqftWaves Tower, Business Bay · 10th floor

1004, Waves Tower

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

Unit 1004 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 1.3M3 November 2022
Current rentAED 100K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Waves Tower

What is 1004 worth today?

Last sold for AED 1,300,000 in 2022

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7 Feb 2026RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
15 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
15 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
9 Oct 2023RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
3 Nov 2022SoldReady
AED 1,300,000AED 1,548 per sqft
30 Aug 2022RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
30 Aug 2022RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
18 Jul 2022Sold by developerReady
AED 1,032,000AED 1,229 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
10th of 19
Parking
P2-20
Service charge
AED 13,400 /yr
Last sold
AED 1.3M · November 2022
Building
Waves Tower

About 1004, Waves Tower

1004 is a one-bedroom apartment of 839 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 3 November 2022 for AED 1,300,000, or AED 1,548 per sqft, 20% above the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 7 February 2026, is AED 100,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Waves Tower
1M1.25M1.5M2022202320242025Typical sale price by year: 2022 AED 1,161,500; 2023 AED 1,401,375; 2024 AED 1,550,000Sold by developer, July 2022: AED 1,032,000 (AED 1,229 per sqft)Sold, November 2022: AED 1,300,000 (AED 1,548 per sqft)

1004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Waves Tower
90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000New contract, August 2022: AED 85,000 a yearNew contract, August 2022: AED 85,000 a yearNew contract, October 2023: AED 90,000 a yearNew contract, January 2025: AED 100,000 a yearNew contract, January 2025: AED 100,000 a yearNew contract, February 2026: AED 100,000 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 1004 sits

All 72 1-beds →

1004 last sold in November 2022 at AED 1,548 per sqft, 20% above what one-beds in Waves Tower were fetching at the time (AED 1,294). 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. 1004's AED 100,000 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
10011-bedAED 1.26M · Jul 2022
10022-bedAED 2.35M · Dec 2025
10032-bedAED 2.19M · Aug 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

1004, Waves Tower in numbers

  • Sold twice: first on 18 July 2022 for AED 1,032,000, last on 3 November 2022 for AED 1,300,000 (AED 1,548 per sqft).
  • Rented since August 2022 on 6 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 13,400 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 7 February 2026.

Questions about 1004, Waves Tower

What did unit 1004 last sell for?

AED 1,300,000 on 3 November 2022: AED 1,548 per sqft for 839 sqft. The unit has 2 registered sales; the first was AED 1,032,000 in July 2022.

What is the rent for unit 1004?

AED 100,000 a year on the contract signed on 7 February 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since August 2022.

How big is unit 1004?

839 sqft (77.9 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower.

What is unit 1004 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 1004, Waves Tower

Starts from the last sale price (AED 1.3M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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