202, Waves Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Waves Tower
What is 202 worth today?
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Source: Dubai Land Department. Updated 15 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 2nd of 19
- Parking
- B2-37
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.15M · September 2022
- Building
- Waves Tower
About 202, Waves Tower
202 is a two-bedroom apartment of 1,433 sqft on the 2nd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 12 September 2022 for AED 2,152,784, or AED 1,502 per sqft, 11% above the AED 1,358 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 March 2023. The current contract, signed on 15 March 2023, is AED 160,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 22,900 a year.
Sales and rents for 202 over time
202 has sold once; the dashed line is the two-bed median of each year in the building.
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 202 sits
All 49 2-beds →202 last sold in September 2022 at AED 1,502 per sqft, 11% above what two-beds in Waves Tower were fetching at the time (AED 1,358). 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. 202's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,579 sqft | 2,175,000 | 1,377 | ||
| 25 Sep 202625 September 2026 | 1,579 sqft | 2,110,000 | 1,335 | ||
| 18 Aug 202618 August 2026 | 1,428 sqft | 2,500,000 | 1,750 | ||
| 26 Jan 202626 January 2026 | 1,428 sqft | 2,260,000 | 1,582 |
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 2nd floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 980 sqft | AED 1.3MAED 1,300,000 · Aug 2022August 2022 | 25,000 /yr | |
| 203 | 2-bed | 1,428 sqft | AED 2.63MAED 2,625,000 · Feb 2025February 2025 | 160,000 /yr | |
| 204 | 1-bed | 839 sqft | AED 1.3MAED 1,300,000 · Aug 2023August 2023 | 95,000 /yr | |
| 205 | 1-bed | 830 sqft | AED 1.13MAED 1,128,170 · Sep 2022September 2022 | 105,000 /yr | |
| 206 | Studio | 442 sqft | AED 680KAED 679,932 · Oct 2022October 2022 | 55,000 /yr | |
| 207 | Studio | 487 sqft | AED 736KAED 736,000 · Oct 2022October 2022 | ||
| 208 | 1-bed | 1,020 sqft | AED 1.24MAED 1,237,000 · Sep 2022September 2022 | 89,250 /yr | |
| 209 | 2-bed | 1,580 sqft | AED 2.05MAED 2,050,000 · Jan 2023January 2023 | 150,000 /yr | |
| 210 | Studio | 429 sqft | AED 755KAED 755,000 · Nov 2022November 2022 | 62,000 /yr | |
| 211 | Studio | 418 sqft | AED 752KAED 752,000 · Sep 2022September 2022 | 75,000 /yr |
202, Waves Tower in numbers
- Sold once: by the developer on 12 September 2022 for AED 2,152,784, or AED 1,502 per sqft.
- Rented since March 2023 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 22,900 a year (AED 15.97 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 15 March 2023.
Questions about 202, Waves Tower
What did unit 202 last sell for?
AED 2,152,784 on 12 September 2022, sold by the developer: AED 1,502 per sqft for 1,433 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 160,000 a year on the contract signed on 15 March 2023.
How big is unit 202?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 2nd floor of a 19-storey tower.
What is unit 202 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 202, Waves Tower
Starts from the last sale price (AED 2.15M, 12 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,152,784
- Deposit, UAE resident (20%)
- AED 430,557
- Deposit, non-resident (40%)
- AED 861,114
- Monthly over 25 years at 3.7%
- AED 8,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →