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1-bed · 839 sqftWaves Tower, Business Bay · 3rd floor

304, Waves Tower

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

Unit 304 · DLD and Ejari recordsUpdated 23 July 2026
Last soldAED 1.15M10 August 2022
Current rentAED 87K /yr23 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Waves Tower

What is 304 worth today?

Last sold for AED 1,150,000 in 2022

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23 Jul 2026RentedNew contract
AED 87,000/yr12 months · AED 104 per sqft
20 Sep 2025RentedRenewal
AED 95,000/yr12 months · AED 115 per sqft
20 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 107 per sqft
20 Sep 2023RentedRenewal
AED 86,000/yr12 months · AED 102 per sqft
20 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
10 Aug 2022Sold by developerReady
AED 1,150,000AED 1,369 per sqft

Source: Dubai Land Department. Updated 23 July 2026.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
3rd of 19
Parking
B2-28
Service charge
AED 13,400 /yr
Last sold
AED 1.15M · August 2022
Building
Waves Tower

About 304, Waves Tower

304 is a one-bedroom apartment of 839 sqft on the 3rd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 10 August 2022 for AED 1,150,000, or AED 1,369 per sqft, 5% above the AED 1,306 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 23 July 2026, is AED 87,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, August 2022: AED 1,150,000 (AED 1,369 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Waves Tower
80K90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000New contract, September 2022: AED 80,000 a yearRenewal, September 2023: AED 86,000 a yearRenewal, September 2024: AED 90,000 a yearRenewal, September 2025: AED 95,000 a yearNew contract, July 2026: AED 87,000 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 304 sits

All 72 1-beds →

304 last sold in August 2022 at AED 1,369 per sqft, 5% 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. 304's AED 87,000 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 3rd floor

All 193 units in Waves Tower
Value
3011-bedAED 1.55M · Sep 2023
3022-bedAED 1.94M · 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

304, Waves Tower in numbers

  • Sold once: by the developer on 10 August 2022 for AED 1,150,000, or AED 1,369 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 80,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 13,400 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 23 July 2026.

Questions about 304, Waves Tower

What did unit 304 last sell for?

AED 1,150,000 on 10 August 2022, sold by the developer: AED 1,369 per sqft for 839 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 87,000 a year on the contract signed on 23 July 2026. The previous contract, from September 2025, was AED 95,000; the unit has been rented since September 2022.

How big is unit 304?

839 sqft (77.9 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower.

What is unit 304 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 304, Waves Tower

Starts from the last sale price (AED 1.15M, 10 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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