Studio · 487 sqftWaves Tower, Business Bay · 13th floor

1307, Waves Tower

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

Unit 1307 · DLD and Ejari recordsUpdated 27 November 2025
Last soldAED 765K12 September 2022
Current rentAED 61K /yr27 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Waves Tower

What is 1307 worth today?

Last sold for AED 765,000 in 2022

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27 Nov 2025RentedRenewal
AED 60,500/yr12 months · AED 124 per sqft
27 Nov 2024RentedRenewal
AED 55,000/yr12 months · AED 113 per sqft
27 Nov 2023RentedNew contract
AED 55,000/yr12 months · AED 113 per sqft
27 Oct 2022RentedNew contract
AED 54,000/yr12 months · AED 111 per sqft
12 Sep 2022Sold by developerReady
AED 765,000AED 1,571 per sqft

Source: Dubai Land Department. Updated 27 November 2025.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
13th of 19
Parking
B1-41
Service charge
AED 7,800 /yr
Last sold
AED 765K · September 2022
Building
Waves Tower

About 1307, Waves Tower

1307 is a studio of 487 sqft on the 13th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 12 September 2022 for AED 765,000, or AED 1,571 per sqft, in line with the AED 1,610 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 27 November 2025, is AED 60,500 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical studio in Waves Tower
800K900K202220242026Typical sale price by year: 2022 AED 751,559; 2023 AED 855,000; 2025 AED 920,000; 2026 AED 860,000Sold by developer, September 2022: AED 765,000 (AED 1,571 per sqft)

1307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1307, 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 60,000New contract, October 2022: AED 54,000 a yearNew contract, November 2023: AED 55,000 a yearRenewal, November 2024: AED 55,000 a yearRenewal, November 2025: AED 60,500 a year

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 1307 sits

All 72 studios →

1307 last sold in September 2022 at AED 1,571 per sqft, in line with what studios in Waves Tower were fetching at the time (AED 1,610). 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. 1307's AED 60,500 is in the lower half of that range.

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 13th floor

All 193 units in Waves Tower
Value
13011-bedAED 1.28M · Aug 2022
13022-bedAED 1.88M · Jul 2022
13032-bedAED 2.4M · Oct 2022
13041-bedAED 1.39M · Dec 2025
13051-bedAED 1.16M · Sep 2022
1306StudioAED 750K · Sep 2022
13081-bedAED 1.17M · Sep 2022
1–7 of 10

1307, Waves Tower in numbers

  • Sold once: by the developer on 12 September 2022 for AED 765,000, or AED 1,571 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 54,000 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2022 price is 7.9%, 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 27 November 2025.

Questions about 1307, Waves Tower

What did unit 1307 last sell for?

AED 765,000 on 12 September 2022, sold by the developer: AED 1,571 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 1307?

AED 60,500 a year on the contract renewed on 27 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since October 2022.

How big is unit 1307?

487 sqft (45.2 sqm): a studio on the 13th floor of a 19-storey tower.

What is unit 1307 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 1307, Waves Tower

Starts from the last sale price (AED 765K, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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