Studio · 418 sqftWaves Tower, Business Bay · 12th floor

1211, Waves Tower

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 22 July 2022
Last soldAED 690K22 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Waves Tower

What is 1211 worth today?

Last sold for AED 690,000 in 2022

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22 Jul 2022Sold by developerReady
AED 690,000AED 1,650 per sqft

Source: Dubai Land Department. Updated 22 July 2022.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
12th of 19
Parking
P2-05
Service charge
AED 6,700 /yr
Last sold
AED 690K · July 2022
Building
Waves Tower

About 1211, Waves Tower

1211 is a studio of 418 sqft on the 12th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 22 July 2022 for AED 690,000, or AED 1,650 per sqft, 4% above the AED 1,585 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1211 over time

Sales
Unit 1211, each saleTypical studio in Waves Tower
800K202220242026Typical sale price by year: 2022 AED 751,559; 2023 AED 855,000; 2025 AED 920,000; 2026 AED 860,000Sold by developer, July 2022: AED 690,000 (AED 1,650 per sqft)

1211 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1211, each contractTypical studio in Waves Tower
55K60K65K202220242026Typical rent by year: 2022 AED 54,500; 2023 AED 56,700; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 60,000

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 1211 sits

All 72 studios →

1211 last sold in July 2022 at AED 1,650 per sqft, 4% above what studios in Waves Tower were fetching at the time (AED 1,585). 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.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026850,000
25 Feb 20261,000,000
30 Jan 2026860,000
5 Dec 2025920,000
4 studio 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 12th floor

All 193 units in Waves Tower
Value
12011-bedAED 1.29M · Jun 2022
12022-bedAED 2.06M · Aug 2022
12032-bedAED 1.97M · Jul 2022
12041-bedAED 1.16M · Jul 2022
12051-bedAED 1.13M · Aug 2022
1206StudioAED 695K · Jul 2022
1207StudioAED 860K · Jan 2026
1–7 of 10

1211, Waves Tower in numbers

  • Sold once: by the developer on 22 July 2022 for AED 690,000, or AED 1,650 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 22 July 2022.

Questions about 1211, Waves Tower

What did unit 1211 last sell for?

AED 690,000 on 22 July 2022, sold by the developer: AED 1,650 per sqft for 418 sqft. It is the only registered sale of the unit.

How big is unit 1211?

418 sqft (38.8 sqm): a studio on the 12th floor of a 19-storey tower.

What is unit 1211 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.

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Mortgage on 1211, Waves Tower

Starts from the last sale price (AED 690K, 22 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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