1-bed · 830 sqftWaves Tower, Business Bay · 10th floor

1005, Waves Tower

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 13 March 2026
Last soldAED 1.07M1 September 2022
Current rentAED 115K /yr13 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Waves Tower

What is 1005 worth today?

Last sold for AED 1,074,384 in 2022

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13 Mar 2026RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft
1 Sep 2022Sold by developerReady
AED 1,074,384AED 1,294 per sqft

Source: Dubai Land Department. Updated 13 March 2026.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
10th of 19
Parking
P2-21
Service charge
AED 13,300 /yr
Last sold
AED 1.07M · September 2022
Building
Waves Tower

About 1005, Waves Tower

1005 is a one-bedroom apartment of 830 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 1 September 2022 for AED 1,074,384, or AED 1,294 per sqft, in line with the AED 1,294 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 March 2026. The current contract, signed on 13 March 2026, is AED 115,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, 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, September 2022: AED 1,074,384 (AED 1,294 per sqft)

1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, 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, March 2026: AED 115,000 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 1005 sits

All 72 1-beds →

1005 last sold in September 2022 at AED 1,294 per sqft, in line with 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. 1005's AED 115,000 is in the upper 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
10041-bedAED 1.3M · Nov 2022
1006StudioAED 690K · Jul 2022
1007StudioAED 770K · Sep 2022
10081-bedAED 1.15M · Sep 2022
1–7 of 10

1005, Waves Tower in numbers

  • Sold once: by the developer on 1 September 2022 for AED 1,074,384, or AED 1,294 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 13,300 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 13 March 2026.

Questions about 1005, Waves Tower

What did unit 1005 last sell for?

AED 1,074,384 on 1 September 2022, sold by the developer: AED 1,294 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 115,000 a year on the contract signed on 13 March 2026.

How big is unit 1005?

830 sqft (77.1 sqm): a one-bedroom apartment on the 10th floor of a 19-storey tower.

What is unit 1005 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 1005, Waves Tower

Starts from the last sale price (AED 1.07M, 1 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,074,384
Deposit, UAE resident (20%)
AED 214,877
Deposit, non-resident (40%)
AED 429,754
Monthly over 25 years at 3.7%
AED 4,396

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