402, 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.
Property timeline for 402, Waves Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 29 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 4th of 19
- Parking
- B2-15
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.07M · August 2022
- Building
- Waves Tower
About 402, Waves Tower
402 is a two-bedroom apartment of 1,433 sqft on the 4th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 29 August 2022 for AED 2,069,728, or AED 1,444 per sqft, 7% above the AED 1,352 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 402 over time
402 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Waves Tower, and where 402 sits
All 49 2-beds →402 last sold in August 2022 at AED 1,444 per sqft, 7% above what two-beds in Waves Tower were fetching at the time (AED 1,352). Over the last 12 months two-beds sold for AED 2,110,000 to 2,500,000, around AED 1,582 per sqft, and rent for AED 120,000 to 215,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,579 sqft | 2,175,000 | 1,377 | ||
| 25 Sep 202625 September 2026 | 1,579 sqft | 2,110,000 | 1,335 | ||
| 18 Aug 202618 August 2026 | 1,428 sqft | 2,500,000 | 1,750 | ||
| 26 Jan 202626 January 2026 | 1,428 sqft | 2,260,000 | 1,582 |
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 4th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 980 sqft | AED 1.24MAED 1,242,313 · Aug 2022August 2022 | 81,099 /yr | |
| 403 | 2-bed | 1,428 sqft | AED 2.16MAED 2,160,000 · Oct 2022October 2022 | ||
| 404 | 1-bed | 839 sqft | AED 1.11MAED 1,112,000 · Jun 2022June 2022 | ||
| 405 | 1-bed | 830 sqft | AED 1.05MAED 1,046,112 · Sep 2022September 2022 | 92,000 /yr | |
| 406 | Studio | 442 sqft | AED 671KAED 670,946 · Jun 2022June 2022 | ||
| 407 | Studio | 487 sqft | AED 742KAED 742,000 · Sep 2022September 2022 | ||
| 408 | 1-bed | 1,020 sqft | AED 1.11MAED 1,114,000 · Sep 2022September 2022 | 110,000 /yr | |
| 409 | 2-bed | 1,580 sqft | AED 2.16MAED 2,155,000 · Nov 2022November 2022 | 120,000 /yr | |
| 410 | Studio | 429 sqft | AED 762KAED 762,000 · Sep 2022September 2022 | 65,000 /yr | |
| 411 | Studio | 418 sqft | AED 950KAED 950,000 · Jun 2025June 2025 | 55,000 /yr |
402, Waves Tower in numbers
- Sold once: by the developer on 29 August 2022 for AED 2,069,728, or AED 1,444 per sqft.
- Two-beds in Waves Tower sold for AED 2,110,000–2,500,000 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 29 August 2022.
Questions about 402, Waves Tower
What did unit 402 last sell for?
AED 2,069,728 on 29 August 2022, sold by the developer: AED 1,444 per sqft for 1,433 sqft. It is the only registered sale of the unit.
How big is unit 402?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Waves Tower sold for AED 2,110,000 to 2,500,000 in the last 12 months, around AED 1,582 per sqft.
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Mortgage on 402, Waves Tower
Starts from the last sale price (AED 2.07M, 29 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,069,728
- Deposit, UAE resident (20%)
- AED 413,946
- Deposit, non-resident (40%)
- AED 827,891
- Monthly over 25 years at 3.7%
- AED 8,468
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →