2-bed · 1,433 sqftWaves Tower, Business Bay · 11th floor

1102, Waves Tower

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 2M31 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Waves Tower

What is 1102 worth today?

Last sold for AED 2,000,000 in 2024

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31 Jan 2024SoldReady
AED 2,000,000AED 1,395 per sqft
21 Jun 2022Sold by developerReady
AED 1,825,000AED 1,273 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
11th of 19
Parking
P2-07
Service charge
AED 22,900 /yr
Last sold
AED 2M · January 2024
Building
Waves Tower

About 1102, Waves Tower

1102 is a two-bedroom apartment of 1,433 sqft on the 11th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 31 January 2024 for AED 2,000,000, or AED 1,395 per sqft, in line with the AED 1,434 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Waves Tower
2M2.5M202220242026Typical sale price by year: 2022 AED 1,988,973; 2023 AED 2,318,750; 2024 AED 2,362,500; 2025 AED 2,400,000; 2026 AED 2,330,000Sold by developer, June 2022: AED 1,825,000 (AED 1,273 per sqft)Sold, January 2024: AED 2,000,000 (AED 1,395 per sqft)

1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Waves Tower
140K150K202220242026Typical rent by year: 2022 AED 135,000; 2023 AED 150,000; 2024 AED 152,727; 2025 AED 155,000; 2026 AED 150,000

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 1102 sits

All 49 2-beds →

1102 last sold in January 2024 at AED 1,395 per sqft, in line with what two-beds in Waves Tower were fetching at the time (AED 1,434). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,175,000
25 Sep 20262,110,000
18 Aug 20262,500,000
26 Jan 20262,260,000
7 2-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
11011-bedAED 1.27M · Aug 2022
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

1102, Waves Tower in numbers

  • Sold twice: first on 21 June 2022 for AED 1,825,000, last on 31 January 2024 for AED 2,000,000 (AED 1,395 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 31 January 2024.

Questions about 1102, Waves Tower

What did unit 1102 last sell for?

AED 2,000,000 on 31 January 2024: AED 1,395 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 1,825,000 in June 2022.

How big is unit 1102?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 11th floor of a 19-storey tower.

What is unit 1102 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 1102, Waves Tower

Starts from the last sale price (AED 2M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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