Studio · 418 sqftWaves Tower, Business Bay · 2nd floor

211, Waves Tower

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

Unit 211 · DLD and Ejari recordsUpdated 8 February 2026
Last soldAED 752K21 September 2022
Current rentAED 75K /yr8 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Waves Tower

What is 211 worth today?

Last sold for AED 752,000 in 2022

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8 Feb 2026RentedRenewal
AED 75,000/yr12 months · AED 183 per sqft
8 Feb 2025RentedNew contract
AED 72,000/yr12 months · AED 172 per sqft
8 Feb 2025RentedNew contract
AED 72,000/yr12 months · AED 172 per sqft
20 Nov 2023RentedNew contract
AED 68,000/yr12 months · AED 163 per sqft
20 Nov 2022RentedNew contract
AED 68,000/yr12 months · AED 162 per sqft
21 Sep 2022Sold by developerReady
AED 752,000AED 1,799 per sqft

Source: Dubai Land Department. Updated 8 February 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
2nd of 19
Parking
B2-46
Service charge
AED 6,700 /yr
Last sold
AED 752K · September 2022
Building
Waves Tower

About 211, Waves Tower

211 is a studio of 418 sqft on the 2nd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 21 September 2022 for AED 752,000, or AED 1,799 per sqft, 11% above the AED 1,621 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 8 February 2026, is AED 75,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 6,700 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, September 2022: AED 752,000 (AED 1,799 per sqft)

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

Rents
Unit 211, each contractTypical studio in Waves Tower
60K70K202220242026Typical rent by year: 2022 AED 54,500; 2023 AED 56,700; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 60,000New contract, November 2022: AED 68,000 a yearNew contract, November 2023: AED 68,000 a yearNew contract, February 2025: AED 72,000 a yearNew contract, February 2025: AED 72,000 a yearRenewal, February 2026: AED 75,000 a year

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 211 sits

All 72 studios →

211 last sold in September 2022 at AED 1,799 per sqft, 11% above what studios in Waves Tower were fetching at the time (AED 1,621). 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. 211's AED 75,000 is in the upper half of that range.

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
207StudioAED 736K · Oct 2022
1–7 of 10

211, Waves Tower in numbers

  • Sold once: by the developer on 21 September 2022 for AED 752,000, or AED 1,799 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 68,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 6,700 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 8 February 2026.

Questions about 211, Waves Tower

What did unit 211 last sell for?

AED 752,000 on 21 September 2022, sold by the developer: AED 1,799 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 75,000 a year on the contract renewed on 8 February 2026. The previous contract, from February 2025, was AED 72,000; the unit has been rented since November 2022.

How big is unit 211?

418 sqft (38.8 sqm): a studio on the 2nd floor of a 19-storey tower.

What is unit 211 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 211, Waves Tower

Starts from the last sale price (AED 752K, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 752,000
Deposit, UAE resident (20%)
AED 150,400
Deposit, non-resident (40%)
AED 300,800
Monthly over 25 years at 3.7%
AED 3,077

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