1009, Waves Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1009, Waves Tower
What is 1009 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,580 sqft
- Floor
- 10th of 19
- Parking
- P2-25
- Service charge
- AED 25,200 /yr
- Last sold
- AED 1.91M · September 2022
- Building
- Waves Tower
About 1009, Waves Tower
1009 is a two-bedroom apartment of 1,580 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 12 September 2022 for AED 1,907,000, or AED 1,207 per sqft, 11% below the AED 1,358 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 June 2026, is AED 120,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 25,200 a year.
Sales and rents for 1009 over time
1009 has sold once; 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 1009 sits
All 49 2-beds →1009 last sold in September 2022 at AED 1,207 per sqft, 11% below what two-beds in Waves Tower were fetching at the time (AED 1,358). 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. 1009's AED 120,000 is at the bottom 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 | |
| 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 | ||
| 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 | |
| 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 |
1009, Waves Tower in numbers
- Sold once: by the developer on 12 September 2022 for AED 1,907,000, or AED 1,207 per sqft.
- Rented since November 2022 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2023 and recovered to AED 120,000 by June 2026.
- At AED 120,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 25,200 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 25 June 2026.
Questions about 1009, Waves Tower
What did unit 1009 last sell for?
AED 1,907,000 on 12 September 2022, sold by the developer: AED 1,207 per sqft for 1,580 sqft. It is the only registered sale of the unit.
What is the rent for unit 1009?
AED 120,000 a year on the contract signed on 25 June 2026. The previous contract, from December 2024, was AED 145,000; the unit has been rented since November 2022.
How big is unit 1009?
1,580 sqft (146.8 sqm): a two-bedroom apartment on the 10th floor of a 19-storey tower.
What is unit 1009 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 1009, Waves Tower
Starts from the last sale price (AED 1.91M, 12 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,907,000
- Deposit, UAE resident (20%)
- AED 381,400
- Deposit, non-resident (40%)
- AED 762,800
- Monthly over 25 years at 3.7%
- AED 7,802
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →