1511, Waves Tower
Sold prices and rental history: sold once, by the developer in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, Waves Tower
What is 1511 worth today?
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Source: Dubai Land Department. Updated 5 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 15th of 19
- Parking
- B1-23
- Service charge
- AED 6,700 /yr
- Last sold
- AED 840K · October 2022
- Building
- Waves Tower
About 1511, Waves Tower
1511 is a studio of 418 sqft on the 15th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 5 October 2022 for AED 840,000, or AED 2,009 per sqft, 24% above the AED 1,623 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1511 over time
1511 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Waves Tower, and where 1511 sits
All 72 studios →1511 last sold in October 2022 at AED 2,009 per sqft, 24% above what studios in Waves Tower were fetching at the time (AED 1,623). Over the last 12 months studios sold for AED 850,000 to 1,000,000, around AED 2,091 per sqft, and rent for AED 47,000 to 80,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 429 sqft | 850,000 | 1,980 | ||
| 25 Feb 202625 February 2026 | 429 sqft | 1,000,000 | 2,329 | ||
| 30 Jan 202630 January 2026 | 487 sqft | 860,000 | 1,766 | ||
| 5 Dec 20255 December 2025 | 418 sqft | 920,000 | 2,201 |
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 15th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 980 sqft | AED 1.5MAED 1,500,000 · Jan 2023January 2023 | 100,000 /yr | |
| 1502 | 2-bed | 1,433 sqft | AED 2.4MAED 2,400,000 · Jan 2026January 2026 | 135,000 /yr | |
| 1503 | 2-bed | 1,428 sqft | AED 2.4MAED 2,400,000 · Oct 2025October 2025 | ||
| 1504 | 1-bed | 839 sqft | AED 1.58MAED 1,575,000 · Jun 2025June 2025 | ||
| 1505 | 1-bed | 830 sqft | AED 1.27MAED 1,265,000 · Dec 2022December 2022 | 110,000 /yr | |
| 1506 | Studio | 442 sqft | AED 808KAED 808,000 · Oct 2022October 2022 | 70,000 /yr | |
| 1507 | Studio | 487 sqft | AED 855KAED 855,000 · Oct 2022October 2022 | 55,000 /yr | |
| 1508 | 1-bed | 1,020 sqft | AED 1.4MAED 1,400,000 · Jan 2023January 2023 | 95,000 /yr | |
| 1509 | 2-bed | 1,580 sqft | AED 2.15MAED 2,150,000 · May 2023May 2023 | 149,000 /yr | |
| 1510 | Studio | 429 sqft | AED 865KAED 865,000 · Oct 2022October 2022 |
1511, Waves Tower in numbers
- Sold once: by the developer on 5 October 2022 for AED 840,000, or AED 2,009 per sqft.
- Studios in Waves Tower sold for AED 850,000–1,000,000 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 October 2022.
Questions about 1511, Waves Tower
What did unit 1511 last sell for?
AED 840,000 on 5 October 2022, sold by the developer: AED 2,009 per sqft for 418 sqft. It is the only registered sale of the unit.
How big is unit 1511?
418 sqft (38.8 sqm): a studio on the 15th floor of a 19-storey tower.
What is unit 1511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Waves Tower sold for AED 850,000 to 1,000,000 in the last 12 months, around AED 2,091 per sqft.
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Mortgage on 1511, Waves Tower
Starts from the last sale price (AED 840K, 5 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →