Studio · 487 sqftWaves Tower, Business Bay · 2nd floor

207, Waves Tower

Sold prices and rental history: sold once, by the developer in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 5 October 2022
Last soldAED 736K5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Waves Tower

What is 207 worth today?

Last sold for AED 736,000 in 2022

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5 Oct 2022Sold by developerReady
AED 736,000AED 1,511 per sqft

Source: Dubai Land Department. Updated 5 October 2022.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
2nd of 19
Parking
B2-42
Service charge
AED 7,800 /yr
Last sold
AED 736K · October 2022
Building
Waves Tower

About 207, Waves Tower

207 is a studio of 487 sqft on the 2nd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 5 October 2022 for AED 736,000, or AED 1,511 per sqft, 7% below the AED 1,623 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in Waves Tower
800K900K202220242026Typical sale price by year: 2022 AED 751,559; 2023 AED 855,000; 2025 AED 920,000; 2026 AED 860,000Sold by developer, October 2022: AED 736,000 (AED 1,511 per sqft)

207 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 207, each contractTypical studio in Waves Tower
55K60K65K202220242026Typical rent by year: 2022 AED 54,500; 2023 AED 56,700; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 60,000

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 207 sits

All 72 studios →

207 last sold in October 2022 at AED 1,511 per sqft, 7% 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.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026850,000
25 Feb 20261,000,000
30 Jan 2026860,000
5 Dec 2025920,000
4 studio 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
2051-bedAED 1.13M · Sep 2022
206StudioAED 680K · Oct 2022
2081-bedAED 1.24M · Sep 2022
1–7 of 10

207, Waves Tower in numbers

  • Sold once: by the developer on 5 October 2022 for AED 736,000, or AED 1,511 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 5 October 2022.

Questions about 207, Waves Tower

What did unit 207 last sell for?

AED 736,000 on 5 October 2022, sold by the developer: AED 1,511 per sqft for 487 sqft. It is the only registered sale of the unit.

How big is unit 207?

487 sqft (45.2 sqm): a studio on the 2nd floor of a 19-storey tower.

What is unit 207 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 207, Waves Tower

Starts from the last sale price (AED 736K, 5 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 736,000
Deposit, UAE resident (20%)
AED 147,200
Deposit, non-resident (40%)
AED 294,400
Monthly over 25 years at 3.7%
AED 3,011

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