1605, Waves Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Waves Tower
What is 1605 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 830 sqft
- Floor
- 16th of 19
- Parking
- B1-05
- Service charge
- AED 13,300 /yr
- Last sold
- AED 1.33M · January 2023
- Building
- Waves Tower
About 1605, Waves Tower
1605 is a one-bedroom apartment of 830 sqft on the 16th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 19 January 2023 for AED 1,325,000, or AED 1,596 per sqft, 21% above the AED 1,322 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 90,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 13,300 a year.
Sales and rents for 1605 over time
1605 has sold once; the dashed line is the one-bed median of each year in the building.
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 1605 sits
All 72 1-beds →1605 last sold in January 2023 at AED 1,596 per sqft, 21% above what one-beds in Waves Tower were fetching at the time (AED 1,322). 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. 1605's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Apr 20267 April 2026 | 980 sqft | 1,800,000 | 1,837 | ||
| 3 Dec 20253 December 2025 | 839 sqft | 1,385,000 | 1,649 | ||
| 30 Jun 202530 June 2025 | 839 sqft | 1,575,000 | 1,876 | ||
| 25 Nov 202425 November 2024 | 839 sqft | 1,450,000 | 1,727 |
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 16th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 980 sqft | AED 1.51MAED 1,510,000 · Jan 2023January 2023 | 118,000 /yr | |
| 1602 | 2-bed | 1,433 sqft | AED 2.65MAED 2,650,000 · Jun 2024June 2024 | ||
| 1603 | 2-bed | 1,428 sqft | AED 1.66MAED 1,660,000 · Jan 2024January 2024 | 150,000 /yr | |
| 1604 | 1-bed | 839 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | 105,000 /yr | |
| 1606 | Studio | 442 sqft | AED 840KAED 840,000 · Jan 2023January 2023 | 65,000 /yr | |
| 1607 | Studio | 487 sqft | AED 900KAED 900,000 · Jan 2025January 2025 | ||
| 1608 | 1-bed | 1,020 sqft | AED 1.4MAED 1,402,750 · Jan 2023January 2023 | 100,000 /yr | |
| 1609 | 2-bed | 1,580 sqft | AED 2.27MAED 2,265,500 · Sep 2023September 2023 | 125,000 /yr | |
| 1610 | Studio | 429 sqft | AED 895KAED 895,000 · Jan 2023January 2023 | 70,000 /yr | |
| 1611 | Studio | 418 sqft | AED 870KAED 870,000 · Jan 2023January 2023 | 80,000 /yr |
1605, Waves Tower in numbers
- Sold once: by the developer on 19 January 2023 for AED 1,325,000, or AED 1,596 per sqft.
- Rented since March 2023 on 4 Ejari contracts, from AED 99,465 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 6.8%, 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 1 October 2026.
Questions about 1605, Waves Tower
What did unit 1605 last sell for?
AED 1,325,000 on 19 January 2023, sold by the developer: AED 1,596 per sqft for 830 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 90,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since March 2023.
How big is unit 1605?
830 sqft (77.1 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower.
What is unit 1605 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.
Selling 1605? 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.
Mortgage on 1605, Waves Tower
Starts from the last sale price (AED 1.33M, 19 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,325,000
- Deposit, UAE resident (20%)
- AED 265,000
- Deposit, non-resident (40%)
- AED 530,000
- Monthly over 25 years at 3.7%
- AED 5,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →