Studio · 442 sqftWaves Tower, Business Bay · 3rd floor

306, Waves Tower

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

Unit 306 · DLD and Ejari recordsUpdated 4 August 2022
Last soldAED 676K4 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Waves Tower

What is 306 worth today?

Last sold for AED 676,170 in 2022

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4 Aug 2022Sold by developerReady
AED 676,170AED 1,531 per sqft

Source: Dubai Land Department. Updated 4 August 2022.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
3rd of 19
Parking
B2-30
Service charge
AED 7,100 /yr
Last sold
AED 676K · August 2022
Building
Waves Tower

About 306, Waves Tower

306 is a studio of 442 sqft on the 3rd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 4 August 2022 for AED 676,170, or AED 1,531 per sqft, 5% below the AED 1,609 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Waves Tower
800K202220242026Typical sale price by year: 2022 AED 751,559; 2023 AED 855,000; 2025 AED 920,000; 2026 AED 860,000Sold by developer, August 2022: AED 676,170 (AED 1,531 per sqft)

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

Rents
Unit 306, 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 306 sits

All 72 studios →

306 last sold in August 2022 at AED 1,531 per sqft, 5% below what studios in Waves Tower were fetching at the time (AED 1,609). 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 3rd floor

All 193 units in Waves Tower
Value
3011-bedAED 1.55M · Sep 2023
3022-bedAED 1.94M · Aug 2022
3041-bedAED 1.15M · Aug 2022
3051-bedAED 1.07M · Aug 2022
307StudioAED 625K · Oct 2022
3081-bedAED 1.24M · Sep 2022
310StudioAED 758K · Sep 2022
1–7 of 8

306, Waves Tower in numbers

  • Sold once: by the developer on 4 August 2022 for AED 676,170, or AED 1,531 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 4 August 2022.

Questions about 306, Waves Tower

What did unit 306 last sell for?

AED 676,170 on 4 August 2022, sold by the developer: AED 1,531 per sqft for 442 sqft. It is the only registered sale of the unit.

How big is unit 306?

442 sqft (41.1 sqm): a studio on the 3rd floor of a 19-storey tower.

What is unit 306 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 306, Waves Tower

Starts from the last sale price (AED 676K, 4 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 676,170
Deposit, UAE resident (20%)
AED 135,234
Deposit, non-resident (40%)
AED 270,468
Monthly over 25 years at 3.7%
AED 2,766

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