206, Waves Tower
Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Waves Tower
What is 206 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 442 sqft
- Floor
- 2nd of 19
- Parking
- B2-41
- Service charge
- AED 7,100 /yr
- Last sold
- AED 680K · October 2022
- Building
- Waves Tower
About 206, Waves Tower
206 is a studio of 442 sqft on the 2nd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 6 October 2022 for AED 679,932, or AED 1,539 per sqft, 5% below the AED 1,623 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 28 August 2026, is AED 55,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 7,100 a year.
Sales and rents for 206 over time
206 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 206 sits
All 72 studios →206 last sold in October 2022 at AED 1,539 per sqft, 5% below 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. 206's AED 55,000 is in the lower half of that range.
| 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 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 | |
| 202 | 2-bed | 1,433 sqft | AED 2.15MAED 2,152,784 · Sep 2022September 2022 | 160,000 /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 | |
| 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 |
206, Waves Tower in numbers
- Sold once: by the developer on 6 October 2022 for AED 679,932, or AED 1,539 per sqft.
- Rented since November 2022 on 5 Ejari contracts, from AED 65,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 7,100 a year (AED 15.97 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 28 August 2026.
Questions about 206, Waves Tower
What did unit 206 last sell for?
AED 679,932 on 6 October 2022, sold by the developer: AED 1,539 per sqft for 442 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 55,000 a year on the contract signed on 28 August 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since November 2022.
How big is unit 206?
442 sqft (41.1 sqm): a studio on the 2nd floor of a 19-storey tower.
What is unit 206 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 206, Waves Tower
Starts from the last sale price (AED 680K, 6 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 679,932
- Deposit, UAE resident (20%)
- AED 135,986
- Deposit, non-resident (40%)
- AED 271,973
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →