1-bed · 839 sqftWaves Tower, Business Bay · 14th floor

1404, Waves Tower

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

Unit 1404 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 1.29M8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Waves Tower

What is 1404 worth today?

Last sold for AED 1,294,000 in 2022

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8 Dec 2022Sold by developerReady
AED 1,294,000AED 1,541 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
14th of 19
Parking
B1-27
Service charge
AED 13,400 /yr
Last sold
AED 1.29M · December 2022
Building
Waves Tower

About 1404, Waves Tower

1404 is a one-bedroom apartment of 839 sqft on the 14th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 8 December 2022 for AED 1,294,000, or AED 1,541 per sqft, 18% above the AED 1,302 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in Waves Tower
1.2M1.4M1.6M2022202320242025Typical sale price by year: 2022 AED 1,161,500; 2023 AED 1,401,375; 2024 AED 1,550,000Sold by developer, December 2022: AED 1,294,000 (AED 1,541 per sqft)

1404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in Waves Tower
90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000

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 1404 sits

All 72 1-beds →

1404 last sold in December 2022 at AED 1,541 per sqft, 18% above what one-beds in Waves Tower were fetching at the time (AED 1,302). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Apr 20261,800,000
3 Dec 20251,385,000
30 Jun 20251,575,000
25 Nov 20241,450,000
2 1-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
14032-bedAED 2.55M · Jul 2023
14051-bedAED 1.26M · Nov 2022
1406StudioAED 795K · Oct 2022
1407StudioAED 850K · Oct 2022
14081-bedAED 1.39M · Dec 2022
1–7 of 9

1404, Waves Tower in numbers

  • Sold once: by the developer on 8 December 2022 for AED 1,294,000, or AED 1,541 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 8 December 2022.

Questions about 1404, Waves Tower

What did unit 1404 last sell for?

AED 1,294,000 on 8 December 2022, sold by the developer: AED 1,541 per sqft for 839 sqft. It is the only registered sale of the unit.

How big is unit 1404?

839 sqft (77.9 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower.

What is unit 1404 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.

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Mortgage on 1404, Waves Tower

Starts from the last sale price (AED 1.29M, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,294,000
Deposit, UAE resident (20%)
AED 258,800
Deposit, non-resident (40%)
AED 517,600
Monthly over 25 years at 3.7%
AED 5,294

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