1-bed · 980 sqftWaves Tower, Business Bay · 3rd floor

301, Waves Tower

Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 1.55M27 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Waves Tower

What is 301 worth today?

Last sold for AED 1,550,000 in 2023

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27 Sep 2023Sold by developerReady
AED 1,550,000AED 1,582 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
1-bed apartment
Size
980 sqft
Floor
3rd of 19
Parking
B2-25
Service charge
AED 15,600 /yr
Last sold
AED 1.55M · September 2023
Building
Waves Tower

About 301, Waves Tower

301 is a one-bedroom apartment of 980 sqft on the 3rd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 27 September 2023 for AED 1,550,000, or AED 1,582 per sqft, 4% above the AED 1,528 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, 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 2023: AED 1,550,000 (AED 1,582 per sqft)

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

Rents
Unit 301, 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 95,000

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 301 sits

All 72 1-beds →

301 last sold in September 2023 at AED 1,582 per sqft, 4% above what one-beds in Waves Tower were fetching at the time (AED 1,528). 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.

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 3rd floor

All 193 units in Waves Tower
Value
3022-bedAED 1.94M · Aug 2022
3041-bedAED 1.15M · Aug 2022
3051-bedAED 1.07M · Aug 2022
306StudioAED 676K · Aug 2022
307StudioAED 625K · Oct 2022
3081-bedAED 1.24M · Sep 2022
310StudioAED 758K · Sep 2022
1–7 of 8

301, Waves Tower in numbers

  • Sold once: by the developer on 27 September 2023 for AED 1,550,000, or AED 1,582 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 27 September 2023.

Questions about 301, Waves Tower

What did unit 301 last sell for?

AED 1,550,000 on 27 September 2023, sold by the developer: AED 1,582 per sqft for 980 sqft. It is the only registered sale of the unit.

How big is unit 301?

980 sqft (91.0 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower.

What is unit 301 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 301, Waves Tower

Starts from the last sale price (AED 1.55M, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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