1401, Waves Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Waves Tower
What is 1401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 980 sqft
- Floor
- 14th of 19
- Parking
- B1-24
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.54M · January 2023
- Building
- Waves Tower
About 1401, Waves Tower
1401 is a one-bedroom apartment of 980 sqft on the 14th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 24 January 2023 for AED 1,535,000, or AED 1,567 per sqft, 18% above the AED 1,323 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 80,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1401 over time
1401 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 1401 sits
All 72 1-beds →1401 last sold in January 2023 at AED 1,567 per sqft, 18% above what one-beds in Waves Tower were fetching at the time (AED 1,323). 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. 1401's AED 80,000 is at the bottom 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 14th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,433 sqft | AED 2.85MAED 2,850,000 · May 2024May 2024 | 150,000 /yr | |
| 1403 | 2-bed | 1,428 sqft | AED 2.55MAED 2,550,000 · Jul 2023July 2023 | ||
| 1404 | 1-bed | 839 sqft | AED 1.29MAED 1,294,000 · Dec 2022December 2022 | ||
| 1405 | 1-bed | 830 sqft | AED 1.26MAED 1,259,000 · Nov 2022November 2022 | 90,000 /yr | |
| 1406 | Studio | 442 sqft | AED 795KAED 795,000 · Oct 2022October 2022 | 65,000 /yr | |
| 1407 | Studio | 487 sqft | AED 850KAED 850,000 · Oct 2022October 2022 | ||
| 1408 | 1-bed | 1,020 sqft | AED 1.39MAED 1,390,000 · Dec 2022December 2022 | 96,000 /yr | |
| 1410 | Studio | 429 sqft | AED 860KAED 860,000 · Oct 2022October 2022 | 75,000 /yr | |
| 1411 | Studio | 418 sqft | AED 835KAED 835,000 · Sep 2022September 2022 |
1401, Waves Tower in numbers
- Sold once: by the developer on 24 January 2023 for AED 1,535,000, or AED 1,567 per sqft.
- Rented since August 2024 on 5 Ejari contracts, from AED 155,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 15,600 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 August 2026.
Questions about 1401, Waves Tower
What did unit 1401 last sell for?
AED 1,535,000 on 24 January 2023, sold by the developer: AED 1,567 per sqft for 980 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 80,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2026, was AED 150,000; the unit has been rented since August 2024.
How big is unit 1401?
980 sqft (91.0 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower.
What is unit 1401 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.
Selling 1401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1401, Waves Tower
Starts from the last sale price (AED 1.54M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,535,000
- Deposit, UAE resident (20%)
- AED 307,000
- Deposit, non-resident (40%)
- AED 614,000
- Monthly over 25 years at 3.7%
- AED 6,280
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →