1204, Waves Tower
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Waves Tower
What is 1204 worth today?
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Source: Dubai Land Department. Updated 24 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 839 sqft
- Floor
- 12th of 19
- Parking
- B1-52
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.16M · July 2022
- Building
- Waves Tower
About 1204, Waves Tower
1204 is a one-bedroom apartment of 839 sqft on the 12th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 26 July 2022 for AED 1,163,055, or AED 1,385 per sqft, 6% above the AED 1,301 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 24 January 2026, is AED 105,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1204 over time
1204 has sold once; the dashed line is the one-bed median of each year in the building.
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 1204 sits
All 72 1-beds →1204 last sold in July 2022 at AED 1,385 per sqft, 6% above what one-beds in Waves Tower were fetching at the time (AED 1,301). 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. 1204's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Apr 20267 April 2026 | 980 sqft | 1,800,000 | 1,837 | ||
| 3 Dec 20253 December 2025 | 839 sqft | 1,385,000 | 1,649 | ||
| 30 Jun 202530 June 2025 | 839 sqft | 1,575,000 | 1,876 | ||
| 25 Nov 202425 November 2024 | 839 sqft | 1,450,000 | 1,727 |
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 12th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 980 sqft | AED 1.29MAED 1,286,681 · Jun 2022June 2022 | 70,000 /yr | |
| 1202 | 2-bed | 1,433 sqft | AED 2.06MAED 2,057,727 · Aug 2022August 2022 | 160,000 /yr | |
| 1203 | 2-bed | 1,428 sqft | AED 1.97MAED 1,973,786 · Jul 2022July 2022 | 150,000 /yr | |
| 1205 | 1-bed | 830 sqft | AED 1.13MAED 1,125,140 · Aug 2022August 2022 | ||
| 1206 | Studio | 442 sqft | AED 695KAED 695,124 · Jul 2022July 2022 | 48,000 /yr | |
| 1207 | Studio | 487 sqft | AED 860KAED 860,000 · Jan 2026January 2026 | 71,209 /yr | |
| 1208 | 1-bed | 1,020 sqft | AED 1.33MAED 1,325,000 · Sep 2022September 2022 | 110,000 /yr | |
| 1209 | 2-bed | 1,580 sqft | AED 2.43MAED 2,425,000 · Aug 2024August 2024 | 155,000 /yr | |
| 1210 | Studio | 429 sqft | AED 1MAED 1,000,000 · Feb 2026February 2026 | 60,000 /yr | |
| 1211 | Studio | 418 sqft | AED 690KAED 690,000 · Jul 2022July 2022 |
1204, Waves Tower in numbers
- Sold once: by the developer on 26 July 2022 for AED 1,163,055, or AED 1,385 per sqft.
- Rented since January 2025 on 3 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 13,400 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 24 January 2026.
Questions about 1204, Waves Tower
What did unit 1204 last sell for?
AED 1,163,055 on 26 July 2022, sold by the developer: AED 1,385 per sqft for 839 sqft. It is the only registered sale of the unit.
What is the rent for unit 1204?
AED 105,000 a year on the contract signed on 24 January 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since January 2025.
How big is unit 1204?
839 sqft (77.9 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower.
What is unit 1204 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 1204, Waves Tower
Starts from the last sale price (AED 1.16M, 26 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,163,055
- Deposit, UAE resident (20%)
- AED 232,611
- Deposit, non-resident (40%)
- AED 465,222
- Monthly over 25 years at 3.7%
- AED 4,758
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →