1-bed · 830 sqftWaves Tower, Business Bay · 11th floor

1105, Waves Tower

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

Unit 1105 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.15M22 September 2022
Current rentAED 85K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Waves Tower

What is 1105 worth today?

Last sold for AED 1,148,000 in 2022

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1 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
1 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 103 per sqft
22 Sep 2022Sold by developerReady
AED 1,148,000AED 1,383 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
11th of 19
Parking
P2-10
Service charge
AED 13,300 /yr
Last sold
AED 1.15M · September 2022
Building
Waves Tower

About 1105, Waves Tower

1105 is a one-bedroom apartment of 830 sqft on the 11th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 22 September 2022 for AED 1,148,000, or AED 1,383 per sqft, 7% above the AED 1,294 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 November 2023, is AED 85,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, 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, September 2022: AED 1,148,000 (AED 1,383 per sqft)

1105 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1105, 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 95,000New contract, November 2022: AED 85,000 a yearNew contract, November 2023: AED 85,000 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 1105 sits

All 72 1-beds →

1105 last sold in September 2022 at AED 1,383 per sqft, 7% above 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. 1105's AED 85,000 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
11011-bedAED 1.27M · Aug 2022
11022-bedAED 2M · Jan 2024
11032-bedAED 1.93M · Aug 2022
11041-bedAED 1.43M · Dec 2023
1106StudioAED 715K · Aug 2022
1107StudioAED 758K · Jul 2022
11081-bedAED 1.15M · Sep 2022
1–7 of 10

1105, Waves Tower in numbers

  • Sold once: by the developer on 22 September 2022 for AED 1,148,000, or AED 1,383 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 13,300 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 1 November 2023.

Questions about 1105, Waves Tower

What did unit 1105 last sell for?

AED 1,148,000 on 22 September 2022, sold by the developer: AED 1,383 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 1105?

AED 85,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 85,000.

How big is unit 1105?

830 sqft (77.1 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower.

What is unit 1105 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 1105, Waves Tower

Starts from the last sale price (AED 1.15M, 22 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,148,000
Deposit, UAE resident (20%)
AED 229,600
Deposit, non-resident (40%)
AED 459,200
Monthly over 25 years at 3.7%
AED 4,697

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