2-bed · 1,428 sqftWaves Tower, Business Bay · 15th floor

1503, Waves Tower

Sold prices and rental history: sold twice, last in October 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 24 October 2025
Last soldAED 2.4M24 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Waves Tower

What is 1503 worth today?

Last sold for AED 2,400,000 in 2025

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24 Oct 2025SoldReady
AED 2,400,000AED 1,680 per sqft
12 Jan 2023Sold by developerReady
AED 2,437,500AED 1,706 per sqft

Source: Dubai Land Department. Updated 24 October 2025.

Key facts

Type
2-bed apartment
Size
1,428 sqft
Floor
15th of 19
Parking
B1-15
Service charge
AED 22,800 /yr
Last sold
AED 2.4M · October 2025
Building
Waves Tower

About 1503, Waves Tower

1503 is a two-bedroom apartment of 1,428 sqft on the 15th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 24 October 2025 for AED 2,400,000, or AED 1,680 per sqft, in line with the AED 1,680 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Waves Tower
2M2.25M2.5M202220242026Typical 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, January 2023: AED 2,437,500 (AED 1,706 per sqft)Sold, October 2025: AED 2,400,000 (AED 1,680 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, 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 1503 sits

All 49 2-beds →

1503 last sold in October 2025 at AED 1,680 per sqft, in line with what two-beds in Waves Tower were fetching at the time (AED 1,680). 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 15th floor

All 193 units in Waves Tower
Value
15011-bedAED 1.5M · Jan 2023
15022-bedAED 2.4M · Jan 2026
15041-bedAED 1.58M · Jun 2025
15051-bedAED 1.27M · Dec 2022
1506StudioAED 808K · Oct 2022
1507StudioAED 855K · Oct 2022
15081-bedAED 1.4M · Jan 2023
1–7 of 10

1503, Waves Tower in numbers

  • Sold twice: first on 12 January 2023 for AED 2,437,500, last on 24 October 2025 for AED 2,400,000 (AED 1,680 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 24 October 2025.

Questions about 1503, Waves Tower

What did unit 1503 last sell for?

AED 2,400,000 on 24 October 2025: AED 1,680 per sqft for 1,428 sqft. The unit has 2 registered sales; the first was AED 2,437,500 in January 2023.

How big is unit 1503?

1,428 sqft (132.7 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower.

What is unit 1503 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 1503, Waves Tower

Starts from the last sale price (AED 2.4M, 24 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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