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1-bed · 830 sqftWaves Tower, Business Bay · 14th floor

1405, Waves Tower

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

Unit 1405 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 1.26M17 November 2022
Current rentAED 90K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Waves Tower

What is 1405 worth today?

Last sold for AED 1,259,000 in 2022

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25 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 108 per sqft
14 Mar 2025RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
14 Mar 2025RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
16 Dec 2023RentedRenewal
AED 88,000/yr12 months · AED 106 per sqft
16 Dec 2022RentedNew contract
AED 82,000/yr12 months · AED 99 per sqft
17 Nov 2022Sold by developerReady
AED 1,259,000AED 1,517 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
14th of 19
Parking
B1-28
Service charge
AED 13,300 /yr
Last sold
AED 1.26M · November 2022
Building
Waves Tower

About 1405, Waves Tower

1405 is a one-bedroom apartment of 830 sqft on the 14th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 17 November 2022 for AED 1,259,000, or AED 1,517 per sqft, 17% above the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 February 2026, is AED 90,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, November 2022: AED 1,259,000 (AED 1,517 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in Waves Tower
80K90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000New contract, December 2022: AED 82,000 a yearRenewal, December 2023: AED 88,000 a yearNew contract, March 2025: AED 100,000 a yearNew contract, March 2025: AED 100,000 a yearNew contract, February 2026: AED 90,000 a year

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 1405 sits

All 72 1-beds →

1405 last sold in November 2022 at AED 1,517 per sqft, 17% above what one-beds in Waves Tower were fetching at the time (AED 1,294). 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. 1405's AED 90,000 is in the lower half of that range.

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
14041-bedAED 1.29M · Dec 2022
1406StudioAED 795K · Oct 2022
1407StudioAED 850K · Oct 2022
14081-bedAED 1.39M · Dec 2022
1–7 of 9

1405, Waves Tower in numbers

  • Sold once: by the developer on 17 November 2022 for AED 1,259,000, or AED 1,517 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, from AED 82,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 13,300 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 25 February 2026.

Questions about 1405, Waves Tower

What did unit 1405 last sell for?

AED 1,259,000 on 17 November 2022, sold by the developer: AED 1,517 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 90,000 a year on the contract signed on 25 February 2026. The previous contract, from March 2025, was AED 100,000; the unit has been rented since December 2022.

How big is unit 1405?

830 sqft (77.1 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower.

What is unit 1405 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 1405, Waves Tower

Starts from the last sale price (AED 1.26M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,259,000
Deposit, UAE resident (20%)
AED 251,800
Deposit, non-resident (40%)
AED 503,600
Monthly over 25 years at 3.7%
AED 5,151

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