1-bed · 980 sqftWaves Tower, Business Bay · 2nd floor

201, Waves Tower

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

Unit 201 · DLD and Ejari recordsUpdated 31 August 2022
Last soldAED 1.3M30 August 2022
Current rentAED 25K /yr31 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Waves Tower

What is 201 worth today?

Last sold for AED 1,300,000 in 2022

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31 Aug 2022RentedNew contract · flagged as an outlier
AED 25,000/yr12 months · AED 26 per sqft
30 Aug 2022Sold by developerReady
AED 1,300,000AED 1,327 per sqft

Source: Dubai Land Department. Updated 31 August 2022.

Key facts

Type
1-bed apartment
Size
980 sqft
Floor
2nd of 19
Parking
B2-36
Service charge
AED 15,600 /yr
Last sold
AED 1.3M · August 2022
Building
Waves Tower

About 201, Waves Tower

201 is a one-bedroom apartment of 980 sqft on the 2nd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 30 August 2022 for AED 1,300,000, or AED 1,327 per sqft, in line with the AED 1,294 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 August 2022. The current contract, signed on 31 August 2022, is AED 25,000 a year: a gross yield of 1.9% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, August 2022: AED 1,300,000 (AED 1,327 per sqft)

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

Rents
Unit 201, 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 201 sits

All 72 1-beds →

201 last sold in August 2022 at AED 1,327 per sqft, in line with 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. 201's AED 25,000 is at the bottom 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 2nd floor

All 193 units in Waves Tower
Value
2022-bedAED 2.15M · Sep 2022
2032-bedAED 2.63M · Feb 2025
2041-bedAED 1.3M · Aug 2023
2051-bedAED 1.13M · Sep 2022
206StudioAED 680K · Oct 2022
207StudioAED 736K · Oct 2022
2081-bedAED 1.24M · Sep 2022
1–7 of 10

201, Waves Tower in numbers

  • Sold once: by the developer on 30 August 2022 for AED 1,300,000, or AED 1,327 per sqft.
  • Rented since August 2022 on one Ejari contract, at AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2022 price is 1.9%, before a service charge of about AED 15,600 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 31 August 2022.

Questions about 201, Waves Tower

What did unit 201 last sell for?

AED 1,300,000 on 30 August 2022, sold by the developer: AED 1,327 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 25,000 a year on the contract signed on 31 August 2022.

How big is unit 201?

980 sqft (91.0 sqm): a one-bedroom apartment on the 2nd floor of a 19-storey tower.

What is unit 201 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 201, Waves Tower

Starts from the last sale price (AED 1.3M, 30 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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