307, Waves Tower
Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Waves Tower
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 April 2023.
Key facts
- Type
- Studio apartment
- Size
- 487 sqft
- Floor
- 3rd of 19
- Parking
- B2-31
- Service charge
- AED 7,800 /yr
- Last sold
- AED 625K · October 2022
- Building
- Waves Tower
About 307, Waves Tower
307 is a studio of 487 sqft on the 3rd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 10 October 2022 for AED 625,000, or AED 1,283 per sqft, 21% below the AED 1,622 studios in the building were fetching at the time.
One Ejari contract is registered, from 7 April 2023. The current contract, signed on 7 April 2023, is AED 50,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 7,800 a year.
Sales and rents for 307 over time
307 has sold once; the dashed line is the studio median of each year in the building.
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 307 sits
All 72 studios →307 last sold in October 2022 at AED 1,283 per sqft, 21% below what studios in Waves Tower were fetching at the time (AED 1,622). 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. 307's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 429 sqft | 850,000 | 1,980 | ||
| 25 Feb 202625 February 2026 | 429 sqft | 1,000,000 | 2,329 | ||
| 30 Jan 202630 January 2026 | 487 sqft | 860,000 | 1,766 | ||
| 5 Dec 20255 December 2025 | 418 sqft | 920,000 | 2,201 |
Waves Tower
Building193 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%
Other units on the 3rd floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 980 sqft | AED 1.55MAED 1,550,000 · Sep 2023September 2023 | ||
| 302 | 2-bed | 1,433 sqft | AED 1.94MAED 1,943,000 · Aug 2022August 2022 | ||
| 304 | 1-bed | 839 sqft | AED 1.15MAED 1,150,000 · Aug 2022August 2022 | 87,000 /yr | |
| 305 | 1-bed | 830 sqft | AED 1.07MAED 1,072,000 · Aug 2022August 2022 | ||
| 306 | Studio | 442 sqft | AED 676KAED 676,170 · Aug 2022August 2022 | ||
| 308 | 1-bed | 1,020 sqft | AED 1.24MAED 1,243,000 · Sep 2022September 2022 | 95,000 /yr | |
| 310 | Studio | 429 sqft | AED 758KAED 758,000 · Sep 2022September 2022 | 70,000 /yr | |
| 311 | Studio | 418 sqft | AED 756KAED 756,075 · Sep 2022September 2022 | 65,000 /yr |
307, Waves Tower in numbers
- Sold once: by the developer on 10 October 2022 for AED 625,000, or AED 1,283 per sqft.
- Rented since April 2023 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 7,800 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 7 April 2023.
Questions about 307, Waves Tower
What did unit 307 last sell for?
AED 625,000 on 10 October 2022, sold by the developer: AED 1,283 per sqft for 487 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 50,000 a year on the contract signed on 7 April 2023.
How big is unit 307?
487 sqft (45.2 sqm): a studio on the 3rd floor of a 19-storey tower.
What is unit 307 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.
Selling 307? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 307, Waves Tower
Starts from the last sale price (AED 625K, 10 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →