405, Waves Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Waves Tower
What is 405 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 830 sqft
- Floor
- 4th of 19
- Parking
- B2-18
- Service charge
- AED 13,300 /yr
- Last sold
- AED 1.05M · September 2022
- Building
- Waves Tower
About 405, Waves Tower
405 is a one-bedroom apartment of 830 sqft on the 4th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 12 September 2022 for AED 1,046,112, or AED 1,260 per sqft, in line with the AED 1,294 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 92,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 13,300 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the one-bed median of each year in the building.
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 405 sits
All 72 1-beds →405 last sold in September 2022 at AED 1,260 per sqft, in line with what one-beds in Waves Tower were fetching at the time (AED 1,294). 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. 405's AED 92,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Apr 20267 April 2026 | 980 sqft | 1,800,000 | 1,837 | ||
| 3 Dec 20253 December 2025 | 839 sqft | 1,385,000 | 1,649 | ||
| 30 Jun 202530 June 2025 | 839 sqft | 1,575,000 | 1,876 | ||
| 25 Nov 202425 November 2024 | 839 sqft | 1,450,000 | 1,727 |
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 | |
| 402 | 2-bed | 1,433 sqft | AED 2.07MAED 2,069,728 · Aug 2022August 2022 | ||
| 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 | ||
| 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 |
405, Waves Tower in numbers
- Sold once: by the developer on 12 September 2022 for AED 1,046,112, or AED 1,260 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 85,000 to AED 92,000 a year.
- At AED 92,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 13,300 a year (AED 15.97 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 15 April 2025.
Questions about 405, Waves Tower
What did unit 405 last sell for?
AED 1,046,112 on 12 September 2022, sold by the developer: AED 1,260 per sqft for 830 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 92,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2025, was AED 92,000; the unit has been rented since October 2022.
How big is unit 405?
830 sqft (77.1 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower.
What is unit 405 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 405, Waves Tower
Starts from the last sale price (AED 1.05M, 12 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,046,112
- Deposit, UAE resident (20%)
- AED 209,222
- Deposit, non-resident (40%)
- AED 418,445
- Monthly over 25 years at 3.7%
- AED 4,280
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →