Studio · 418 sqftWaves Tower, Business Bay · 10th floor

1011, 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 June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1011 · DLD and Ejari recordsUpdated 10 August 2026

Last soldAED 686K23 June 2022

Current rentAED 68K /yr10 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1011, Waves Tower

Today

What is 1011 worth today?

Last sold for AED 686,000 in 2022

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10 Aug 2026

10 Aug 2026RentedRenewal

AED 68,000/yr12 months · AED 166 per sqft

10 Aug 2025

10 Aug 2025RentedRenewal

AED 72,500/yr12 months · AED 177 per sqft

10 Aug 2024

10 Aug 2024RentedNew contract

AED 72,500/yr12 months · AED 173 per sqft

6 Dec 2023

6 Dec 2023RentedNew contract

AED 75,000/yr12 months · AED 179 per sqft

25 Oct 2022

25 Oct 2022RentedNew contract

AED 65,000/yr12 months · AED 155 per sqft

23 Jun 2022

23 Jun 2022Sold by developerReady

AED 686,000AED 1,641 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type: Studio apartment
Size: 418 sqft
Floor: 10th of 19
Parking: P2-27
Service charge: AED 6,700 /yr
Last sold: AED 686K · June 2022
Building: Waves Tower

About 1011, Waves Tower

1011 is a studio of 418 sqft on the 10th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 23 June 2022 for AED 686,000, or AED 1,641 per sqft.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 68,000 a year: a gross yield of 9.9% on the 2022 price, before the service charge of about AED 6,700 a year.

Sales and rents for 1011 over time

Sales

Unit 1011, each saleTypical studio in Waves Tower

1011 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1011, 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 1011 sits

All 72 studios →

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

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. 1011's AED 68,000 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
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

1–7 of 10

1011, Waves Tower in numbers

Sold once: by the developer on 23 June 2022 for AED 686,000, or AED 1,641 per sqft.
Rented since October 2022 on 5 Ejari contracts, from AED 65,000 to AED 68,000 a year.
At AED 68,000 a year the gross yield on the 2022 price is 9.9%, before a service charge of about AED 6,700 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 10 August 2026.

Questions about 1011, Waves Tower

What did unit 1011 last sell for?

AED 686,000 on 23 June 2022, sold by the developer: AED 1,641 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 1011?

AED 68,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 72,500; the unit has been rented since October 2022.

How big is unit 1011?

418 sqft (38.8 sqm): a studio on the 10th floor of a 19-storey tower.

What is unit 1011 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 1011, Waves Tower

Starts from the last sale price (AED 686K, 23 June 2022). Switch to today's estimate once you have unlocked it.

Price: AED 686,000
Deposit, UAE resident (20%): AED 137,200
Deposit, non-resident (40%): AED 274,400
Monthly over 25 years at 3.7%: AED 2,807

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