311, Waves Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Waves Tower
What is 311 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 22 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 3rd of 19
- Parking
- B2-35
- Service charge
- AED 6,700 /yr
- Last sold
- AED 756K · September 2022
- Building
- Waves Tower
About 311, Waves Tower
311 is a studio of 418 sqft on the 3rd floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 15 September 2022 for AED 756,075, or AED 1,808 per sqft, 12% above the AED 1,621 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 22 February 2026, is AED 65,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 6,700 a year.
Sales and rents for 311 over time
311 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 311 sits
All 72 studios →311 last sold in September 2022 at AED 1,808 per sqft, 12% 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. 311's AED 65,000 is in the upper 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 | ||
| 307 | Studio | 487 sqft | AED 625KAED 625,000 · Oct 2022October 2022 | 50,000 /yr | |
| 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, Waves Tower in numbers
- Sold once: by the developer on 15 September 2022 for AED 756,075, or AED 1,808 per sqft.
- Rented since February 2023 on 5 Ejari contracts, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 8.6%, 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 22 February 2026.
Questions about 311, Waves Tower
What did unit 311 last sell for?
AED 756,075 on 15 September 2022, sold by the developer: AED 1,808 per sqft for 418 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 65,000 a year on the contract renewed on 22 February 2026. The previous contract, from February 2025, was AED 70,000; the unit has been rented since February 2023.
How big is unit 311?
418 sqft (38.8 sqm): a studio on the 3rd floor of a 19-storey tower.
What is unit 311 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 311? 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 311, Waves Tower
Starts from the last sale price (AED 756K, 15 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 756,075
- Deposit, UAE resident (20%)
- AED 151,215
- Deposit, non-resident (40%)
- AED 302,430
- Monthly over 25 years at 3.7%
- AED 3,093
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →