Studio · 487 sqftWaves Tower, Business Bay · 10th floor

1007, Waves Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1007 · DLD and Ejari recordsUpdated 20 May 2025

Last soldAED 770K19 September 2022

Current rentAED 65K /yr20 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1007, Waves Tower

Today

What is 1007 worth today?

Last sold for AED 769,620 in 2022

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20 May 2025

20 May 2025RentedNew contract

AED 65,000/yr12 months · AED 134 per sqft

19 Sep 2022

19 Sep 2022Sold by developerReady

AED 769,620AED 1,580 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type: Studio apartment
Size: 487 sqft
Floor: 10th of 19
Parking: P2-23
Service charge: AED 7,800 /yr
Last sold: AED 770K · September 2022
Building: Waves Tower

About 1007, Waves Tower

1007 is a studio of 487 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 19 September 2022 for AED 769,620, or AED 1,580 per sqft, in line with the AED 1,619 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 May 2025. The current contract, signed on 20 May 2025, is AED 65,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for 1007 over time

Sales

Unit 1007, each saleTypical studio in Waves Tower

1007 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1007, each contractTypical studio in Waves Tower

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

Studios in Waves Tower, and where 1007 sits

All 72 studios →

Studios in Waves Tower · last 12 months2,091 /sqft Waves Tower · all types1,675 /sqft

1007 last sold in September 2022 at AED 1,580 per sqft, in line with what studios in Waves Tower were fetching at the time (AED 1,619). Over the last 12 months studios sold for AED 850,000 to 1,000,000, around AED 2,091 per sqft, and rent for AED 47,000 to 80,000 a year. 1007's AED 65,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
7 Sep 20267 September 2026	429 sqft	850,000	1,980
25 Feb 202625 February 2026	429 sqft	1,000,000	2,329
30 Jan 202630 January 2026	487 sqft	860,000	1,766
5 Dec 20255 December 2025	418 sqft	920,000	2,201

4 studio 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


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
1003	2-bed	1,428 sqft	AED 2.19MAED 2,190,000 · Aug 2022August 2022	155,000 /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
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

1–7 of 10

1007, Waves Tower in numbers

Sold once: by the developer on 19 September 2022 for AED 769,620, or AED 1,580 per sqft.
Rented since May 2025 on one Ejari contract, at AED 65,000 a year.
At AED 65,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 7,800 a year (AED 15.97 per sqft).
Studios in Waves Tower sold for AED 850,000–1,000,000 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 20 May 2025.

Questions about 1007, Waves Tower

What did unit 1007 last sell for?

AED 769,620 on 19 September 2022, sold by the developer: AED 1,580 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 65,000 a year on the contract signed on 20 May 2025.

How big is unit 1007?

487 sqft (45.2 sqm): a studio on the 10th floor of a 19-storey tower.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Waves Tower sold for AED 850,000 to 1,000,000 in the last 12 months, around AED 2,091 per sqft.

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Mortgage on 1007, Waves Tower

Starts from the last sale price (AED 770K, 19 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 769,620
Deposit, UAE resident (20%): AED 153,924
Deposit, non-resident (40%): AED 307,848
Monthly over 25 years at 3.7%: AED 3,149

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