1207, Waves Tower
Sold prices and rental history: sold twice, last in January 2026, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Waves Tower
What is 1207 worth today?
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Source: Dubai Land Department. Updated 30 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 487 sqft
- Floor
- 12th of 19
- Parking
- P2-01
- Service charge
- AED 7,800 /yr
- Last sold
- AED 860K · January 2026
- Building
- Waves Tower
About 1207, Waves Tower
1207 is a studio of 487 sqft on the 12th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 30 January 2026 for AED 860,000, or AED 1,766 per sqft, 19% below the AED 2,172 studios in the building were fetching at the time.
One Ejari contract is registered, from 30 October 2026. The current contract, signed on 30 October 2026, is AED 71,209 a year: a gross yield of 8.3% on the 2026 price, before the service charge of about AED 7,800 a year.
Sales and rents for 1207 over time
1207 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Waves Tower, and where 1207 sits
All 72 studios →1207 last sold in January 2026 at AED 1,766 per sqft, 19% below what studios in Waves Tower were fetching at the time (AED 2,172). Over the last 12 months studios sold for AED 850,000 to 1,000,000, around AED 2,091 per sqft, and rent for AED 47,000 to 80,000 a year. 1207's AED 71,209 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 429 sqft | 850,000 | 1,980 | ||
| 25 Feb 202625 February 2026 | 429 sqft | 1,000,000 | 2,329 | ||
| 5 Dec 20255 December 2025 | 418 sqft | 920,000 | 2,201 | ||
| 3 Jun 20253 June 2025 | 418 sqft | 950,000 | 2,272 |
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 | |
| 1204 | 1-bed | 839 sqft | AED 1.16MAED 1,163,055 · Jul 2022July 2022 | 105,000 /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 | |
| 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 |
1207, Waves Tower in numbers
- Sold twice: first on 5 September 2022 for AED 769,000, last on 30 January 2026 for AED 860,000 (AED 1,766 per sqft).
- Rented since October 2026 on one Ejari contract, at AED 71,209 a year.
- At AED 71,209 a year the gross yield on the 2026 price is 8.3%, before a service charge of about AED 7,800 a year (AED 15.97 per sqft).
- Studios in Waves Tower sold for AED 850,000–1,000,000 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 30 October 2026.
Questions about 1207, Waves Tower
What did unit 1207 last sell for?
AED 860,000 on 30 January 2026: AED 1,766 per sqft for 487 sqft. The unit has 2 registered sales; the first was AED 769,000 in September 2022.
What is the rent for unit 1207?
AED 71,209 a year on the contract signed on 30 October 2026.
How big is unit 1207?
487 sqft (45.2 sqm): a studio on the 12th floor of a 19-storey tower.
What is unit 1207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Waves Tower sold for AED 850,000 to 1,000,000 in the last 12 months, around AED 2,091 per sqft.
Selling 1207? Put it on the OpenOffers board
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Mortgage on 1207, Waves Tower
Starts from the last sale price (AED 860K, 30 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →