1103, Waves Tower
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1103, Waves Tower
What is 1103 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,428 sqft
- Floor
- 11th of 19
- Parking
- P2-08
- Service charge
- AED 22,800 /yr
- Last sold
- AED 1.93M · August 2022
- Building
- Waves Tower
About 1103, Waves Tower
1103 is a two-bedroom apartment of 1,428 sqft on the 11th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 18 August 2022 for AED 1,926,000, or AED 1,348 per sqft, in line with the AED 1,348 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 6 October 2025, is AED 170,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 22,800 a year.
Sales and rents for 1103 over time
1103 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 1103 sits
All 49 2-beds →1103 last sold in August 2022 at AED 1,348 per sqft, in line with what two-beds in Waves Tower were fetching at the time (AED 1,348). 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. 1103's AED 170,000 is in the upper half 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 11th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 980 sqft | AED 1.27MAED 1,268,324 · Aug 2022August 2022 | 96,000 /yr | |
| 1102 | 2-bed | 1,433 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | ||
| 1104 | 1-bed | 839 sqft | AED 1.43MAED 1,430,000 · Dec 2023December 2023 | ||
| 1105 | 1-bed | 830 sqft | AED 1.15MAED 1,148,000 · Sep 2022September 2022 | 85,000 /yr | |
| 1106 | Studio | 442 sqft | AED 715KAED 715,080 · Aug 2022August 2022 | 73,000 /yr | |
| 1107 | Studio | 487 sqft | AED 758KAED 757,914 · Jul 2022July 2022 | 68,000 /yr | |
| 1108 | 1-bed | 1,020 sqft | AED 1.15MAED 1,152,969 · Sep 2022September 2022 | 95,000 /yr | |
| 1109 | 2-bed | 1,579 sqft | AED 2.11MAED 2,110,000 · Sep 2026September 2026 | 150,000 /yr | |
| 1110 | Studio | 429 sqft | AED 784KAED 784,000 · Sep 2022September 2022 | ||
| 1111 | Studio | 418 sqft | AED 763KAED 763,202 · Jul 2022July 2022 |
1103, Waves Tower in numbers
- Sold once: by the developer on 18 August 2022 for AED 1,926,000, or AED 1,348 per sqft.
- Rented since October 2023 on 3 Ejari contracts, from AED 160,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 22,800 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 6 October 2025.
Questions about 1103, Waves Tower
What did unit 1103 last sell for?
AED 1,926,000 on 18 August 2022, sold by the developer: AED 1,348 per sqft for 1,428 sqft. It is the only registered sale of the unit.
What is the rent for unit 1103?
AED 170,000 a year on the contract signed on 6 October 2025. The previous contract, from October 2024, was AED 170,000; the unit has been rented since October 2023.
How big is unit 1103?
1,428 sqft (132.7 sqm): a two-bedroom apartment on the 11th floor of a 19-storey tower.
What is unit 1103 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 1103, Waves Tower
Starts from the last sale price (AED 1.93M, 18 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,926,000
- Deposit, UAE resident (20%)
- AED 385,200
- Deposit, non-resident (40%)
- AED 770,400
- Monthly over 25 years at 3.7%
- AED 7,880
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →