1-bed · 839 sqftWaves Tower, Business Bay · 4th floor

404, Waves Tower

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

Unit 404 · DLD and Ejari recordsUpdated 23 June 2022
Last soldAED 1.11M23 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Waves Tower

What is 404 worth today?

Last sold for AED 1,112,000 in 2022

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23 Jun 2022Sold by developerReady
AED 1,112,000AED 1,324 per sqft

Source: Dubai Land Department. Updated 23 June 2022.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
4th of 19
Parking
B2-17
Service charge
AED 13,400 /yr
Last sold
AED 1.11M · June 2022
Building
Waves Tower

About 404, Waves Tower

404 is a one-bedroom apartment of 839 sqft on the 4th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 23 June 2022 for AED 1,112,000, or AED 1,324 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, 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, June 2022: AED 1,112,000 (AED 1,324 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Waves Tower
90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000

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 404 sits

All 72 1-beds →

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.

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 4th floor

All 193 units in Waves Tower
Value
4011-bedAED 1.24M · Aug 2022
4022-bedAED 2.07M · Aug 2022
4032-bedAED 2.16M · Oct 2022
4051-bedAED 1.05M · Sep 2022
406StudioAED 671K · Jun 2022
407StudioAED 742K · Sep 2022
4081-bedAED 1.11M · Sep 2022
1–7 of 10

404, Waves Tower in numbers

  • Sold once: by the developer on 23 June 2022 for AED 1,112,000, or AED 1,324 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 June 2022.

Questions about 404, Waves Tower

What did unit 404 last sell for?

AED 1,112,000 on 23 June 2022, sold by the developer: AED 1,324 per sqft for 839 sqft. It is the only registered sale of the unit.

How big is unit 404?

839 sqft (77.9 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower.

What is unit 404 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 404, Waves Tower

Starts from the last sale price (AED 1.11M, 23 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,112,000
Deposit, UAE resident (20%)
AED 222,400
Deposit, non-resident (40%)
AED 444,800
Monthly over 25 years at 3.7%
AED 4,550

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