1-bed · 830 sqftWaves Tower, Business Bay · 2nd floor

205, Waves Tower

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.13M5 September 2022
Current rentAED 105K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Waves Tower

What is 205 worth today?

Last sold for AED 1,128,170 in 2022

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1 Mar 2026RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
5 Sep 2022Sold by developerReady
AED 1,128,170AED 1,359 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
2nd of 19
Parking
B2-40
Service charge
AED 13,300 /yr
Last sold
AED 1.13M · September 2022
Building
Waves Tower

About 205, Waves Tower

205 is a one-bedroom apartment of 830 sqft on the 2nd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 5 September 2022 for AED 1,128,170, or AED 1,359 per sqft, 4% above the AED 1,306 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 105,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 13,300 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, September 2022: AED 1,128,170 (AED 1,359 per sqft)

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

Rents
Unit 205, 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 95,000New contract, March 2026: AED 105,000 a year

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 205 sits

All 72 1-beds →

205 last sold in September 2022 at AED 1,359 per sqft, 4% above what one-beds in Waves Tower were fetching at the time (AED 1,306). 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. 205's AED 105,000 is in the lower half 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
2011-bedAED 1.3M · Aug 2022
2022-bedAED 2.15M · Sep 2022
2032-bedAED 2.63M · Feb 2025
2041-bedAED 1.3M · Aug 2023
206StudioAED 680K · Oct 2022
207StudioAED 736K · Oct 2022
2081-bedAED 1.24M · Sep 2022
1–7 of 10

205, Waves Tower in numbers

  • Sold once: by the developer on 5 September 2022 for AED 1,128,170, or AED 1,359 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 9.3%, 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 March 2026.

Questions about 205, Waves Tower

What did unit 205 last sell for?

AED 1,128,170 on 5 September 2022, sold by the developer: AED 1,359 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 105,000 a year on the contract signed on 1 March 2026.

How big is unit 205?

830 sqft (77.1 sqm): a one-bedroom apartment on the 2nd floor of a 19-storey tower.

What is unit 205 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 205, Waves Tower

Starts from the last sale price (AED 1.13M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,128,170
Deposit, UAE resident (20%)
AED 225,634
Deposit, non-resident (40%)
AED 451,268
Monthly over 25 years at 3.7%
AED 4,616

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