1-bed · 839 sqftWaves Tower, Business Bay · 11th floor

1104, Waves Tower

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 1.43M13 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Waves Tower

What is 1104 worth today?

Last sold for AED 1,430,000 in 2023

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13 Dec 2023SoldReady
AED 1,430,000AED 1,703 per sqft
22 Aug 2022Sold by developerReady
AED 1,146,428AED 1,365 per sqft

Source: Dubai Land Department. Updated 13 December 2023.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
11th of 19
Parking
P2-09
Service charge
AED 13,400 /yr
Last sold
AED 1.43M · December 2023
Building
Waves Tower

About 1104, Waves Tower

1104 is a one-bedroom apartment of 839 sqft on the 11th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 13 December 2023 for AED 1,430,000, or AED 1,703 per sqft, 10% above the AED 1,548 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1104 over time

Sales
Unit 1104, 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 1,146,428 (AED 1,365 per sqft)Sold, December 2023: AED 1,430,000 (AED 1,703 per sqft)

1104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in Waves Tower
90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000

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 1104 sits

All 72 1-beds →

1104 last sold in December 2023 at AED 1,703 per sqft, 10% above what one-beds in Waves Tower were fetching at the time (AED 1,548). 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.

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
11011-bedAED 1.27M · Aug 2022
11022-bedAED 2M · Jan 2024
11032-bedAED 1.93M · Aug 2022
11051-bedAED 1.15M · Sep 2022
1106StudioAED 715K · Aug 2022
1107StudioAED 758K · Jul 2022
11081-bedAED 1.15M · Sep 2022
1–7 of 10

1104, Waves Tower in numbers

  • Sold twice: first on 22 August 2022 for AED 1,146,428, last on 13 December 2023 for AED 1,430,000 (AED 1,703 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 13 December 2023.

Questions about 1104, Waves Tower

What did unit 1104 last sell for?

AED 1,430,000 on 13 December 2023: AED 1,703 per sqft for 839 sqft. The unit has 2 registered sales; the first was AED 1,146,428 in August 2022.

How big is unit 1104?

839 sqft (77.9 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower.

What is unit 1104 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 1104, Waves Tower

Starts from the last sale price (AED 1.43M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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