2-bed · 1,428 sqftWaves Tower, Business Bay · 14th floor

1403, Waves Tower

Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 2.55M5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Waves Tower

What is 1403 worth today?

Last sold for AED 2,550,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jul 2023Sold by developerReady
AED 2,550,000AED 1,785 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
2-bed apartment
Size
1,428 sqft
Floor
14th of 19
Parking
B1-26
Service charge
AED 22,800 /yr
Last sold
AED 2.55M · July 2023
Building
Waves Tower

About 1403, Waves Tower

1403 is a two-bedroom apartment of 1,428 sqft on the 14th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 5 July 2023 for AED 2,550,000, or AED 1,785 per sqft, 28% above the AED 1,398 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical two-bed in Waves Tower
2M2.5M202220242026Typical sale price by year: 2022 AED 1,988,973; 2023 AED 2,318,750; 2024 AED 2,362,500; 2025 AED 2,400,000; 2026 AED 2,330,000Sold by developer, July 2023: AED 2,550,000 (AED 1,785 per sqft)

1403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, each contractTypical two-bed in Waves Tower
140K150K202220242026Typical rent by year: 2022 AED 135,000; 2023 AED 150,000; 2024 AED 152,727; 2025 AED 155,000; 2026 AED 150,000

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 1403 sits

All 49 2-beds →

1403 last sold in July 2023 at AED 1,785 per sqft, 28% above what two-beds in Waves Tower were fetching at the time (AED 1,398). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,175,000
25 Sep 20262,110,000
18 Aug 20262,500,000
26 Jan 20262,260,000
7 2-bed 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 14th floor

All 193 units in Waves Tower
Value
14011-bedAED 1.54M · Jan 2023
14022-bedAED 2.85M · May 2024
14041-bedAED 1.29M · Dec 2022
14051-bedAED 1.26M · Nov 2022
1406StudioAED 795K · Oct 2022
1407StudioAED 850K · Oct 2022
14081-bedAED 1.39M · Dec 2022
1–7 of 9

1403, Waves Tower in numbers

  • Sold once: by the developer on 5 July 2023 for AED 2,550,000, or AED 1,785 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 5 July 2023.

Questions about 1403, Waves Tower

What did unit 1403 last sell for?

AED 2,550,000 on 5 July 2023, sold by the developer: AED 1,785 per sqft for 1,428 sqft. It is the only registered sale of the unit.

How big is unit 1403?

1,428 sqft (132.7 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower.

What is unit 1403 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.

Selling 1403? 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.

How OpenOffers works

Mortgage on 1403, Waves Tower

Starts from the last sale price (AED 2.55M, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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