1-bed · 980 sqftWaves Tower, Business Bay · 11th floor

1101, Waves Tower

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 16 July 2026
Last soldAED 1.27M16 August 2022
Current rentAED 96K /yr16 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Waves Tower

What is 1101 worth today?

Last sold for AED 1,268,324 in 2022

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16 Jul 2026RentedNew contract
AED 96,000/yr12 months · AED 98 per sqft
1 Jul 2026RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
13 Jun 2026RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
3 Mar 2025RentedNew contract
AED 147,000/yr12 months · AED 150 per sqft
3 Mar 2025RentedNew contract
AED 147,000/yr12 months · AED 150 per sqft
19 Aug 2024RentedRenewal
AED 120,000/yr12 months · AED 123 per sqft
16 Aug 2022Sold by developerReady
AED 1,268,324AED 1,294 per sqft

Source: Dubai Land Department. Updated 16 July 2026.

Key facts

Type
1-bed apartment
Size
980 sqft
Floor
11th of 19
Parking
P2-06
Service charge
AED 15,600 /yr
Last sold
AED 1.27M · August 2022
Building
Waves Tower

About 1101, Waves Tower

1101 is a one-bedroom apartment of 980 sqft on the 11th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 16 August 2022 for AED 1,268,324, or AED 1,294 per sqft, in line with the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 6 Ejari contracts. The current contract, signed on 16 July 2026, is AED 96,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical one-bed in Waves Tower
1.2M1.4M1.6M2022202320242025Typical sale price by year: 2022 AED 1,161,500; 2023 AED 1,401,375; 2024 AED 1,550,000Sold by developer, August 2022: AED 1,268,324 (AED 1,294 per sqft)

1101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1101, each contractTypical one-bed in Waves Tower
100K150K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000Renewal, August 2024: AED 120,000 a yearNew contract, March 2025: AED 147,000 a yearNew contract, March 2025: AED 147,000 a yearNew contract, June 2026: AED 120,000 a yearNew contract, July 2026: AED 96,000 a yearNew contract, July 2026: AED 120,000 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 1101 sits

All 72 1-beds →

1101 last sold in August 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. 1101's AED 96,000 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 11th floor

All 193 units in Waves Tower
Value
11022-bedAED 2M · Jan 2024
11032-bedAED 1.93M · Aug 2022
11041-bedAED 1.43M · Dec 2023
11051-bedAED 1.15M · Sep 2022
1106StudioAED 715K · Aug 2022
1107StudioAED 758K · Jul 2022
11081-bedAED 1.15M · Sep 2022
1–7 of 10

1101, Waves Tower in numbers

  • Sold once: by the developer on 16 August 2022 for AED 1,268,324, or AED 1,294 per sqft.
  • Rented since August 2024 on 6 Ejari contracts, from AED 120,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 15,600 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 16 July 2026.

Questions about 1101, Waves Tower

What did unit 1101 last sell for?

AED 1,268,324 on 16 August 2022, sold by the developer: AED 1,294 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 1101?

AED 96,000 a year on the contract signed on 16 July 2026. The previous contract, from July 2026, was AED 120,000; the unit has been rented since August 2024.

How big is unit 1101?

980 sqft (91.0 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower.

What is unit 1101 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 1101, Waves Tower

Starts from the last sale price (AED 1.27M, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,324
Deposit, UAE resident (20%)
AED 253,665
Deposit, non-resident (40%)
AED 507,330
Monthly over 25 years at 3.7%
AED 5,189

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