1402, Waves Tower
Sold prices and rental history: sold twice, last in May 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Waves Tower
What is 1402 worth today?
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Source: Dubai Land Department. Updated 22 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 14th of 19
- Parking
- B1-25
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.85M · May 2024
- Building
- Waves Tower
About 1402, Waves Tower
1402 is a two-bedroom apartment of 1,433 sqft on the 14th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 15 May 2024 for AED 2,850,000, or AED 1,989 per sqft, 39% above the AED 1,434 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 December 2025, is AED 150,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 22,900 a year.
Sales and rents for 1402 over time
1402 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Waves Tower, and where 1402 sits
All 49 2-beds →1402 last sold in May 2024 at AED 1,989 per sqft, 39% above what two-beds in Waves Tower were fetching at the time (AED 1,434). Over the last 12 months two-beds sold for AED 2,110,000 to 2,500,000, around AED 1,582 per sqft, and rent for AED 120,000 to 215,000 a year. 1402's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,579 sqft | 2,175,000 | 1,377 | ||
| 25 Sep 202625 September 2026 | 1,579 sqft | 2,110,000 | 1,335 | ||
| 18 Aug 202618 August 2026 | 1,428 sqft | 2,500,000 | 1,750 | ||
| 26 Jan 202626 January 2026 | 1,428 sqft | 2,260,000 | 1,582 |
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 | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 980 sqft | AED 1.54MAED 1,535,000 · Jan 2023January 2023 | 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 |
1402, Waves Tower in numbers
- Sold twice: first on 25 May 2023 for AED 2,600,000, last on 15 May 2024 for AED 2,850,000 (AED 1,989 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 175,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 22,900 a year (AED 15.97 per sqft).
- Two-beds in Waves Tower sold for AED 2,110,000–2,500,000 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 December 2025.
Questions about 1402, Waves Tower
What did unit 1402 last sell for?
AED 2,850,000 on 15 May 2024: AED 1,989 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 2,600,000 in May 2023.
What is the rent for unit 1402?
AED 150,000 a year on the contract signed on 22 December 2025. The previous contract, from August 2024, was AED 175,000.
How big is unit 1402?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower.
What is unit 1402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Waves Tower sold for AED 2,110,000 to 2,500,000 in the last 12 months, around AED 1,582 per sqft.
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Mortgage on 1402, Waves Tower
Starts from the last sale price (AED 2.85M, 15 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →