510, Waves Tower
Sold prices and rental history: sold twice, last in September 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 510, Waves Tower
What is 510 worth today?
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Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 5th of 19
- Parking
- B2-12
- Service charge
- AED 6,900 /yr
- Last sold
- AED 850K · September 2026
- Building
- Waves Tower
About 510, Waves Tower
510 is a studio of 429 sqft on the 5th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 7 September 2026 for AED 850,000, or AED 1,980 per sqft, 5% below the AED 2,091 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 10 August 2025, is AED 60,000 a year: a gross yield of 7.1% on the 2026 price, before the service charge of about AED 6,900 a year.
Sales and rents for 510 over time
510 has sold twice; 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 510 sits
All 72 studios →510 last sold in September 2026 at AED 1,980 per sqft, 5% below what studios in Waves Tower were fetching at the time (AED 2,091). 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. 510's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 3 Jun 20253 June 2025 | 418 sqft | 950,000 | 2,272 |
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 5th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 980 sqft | AED 1.25MAED 1,250,000 · Aug 2022August 2022 | 125,000 /yr | |
| 502 | 2-bed | 1,433 sqft | AED 2.33MAED 2,329,999 · Sep 2022September 2022 | 150,000 /yr | |
| 503 | 2-bed | 1,428 sqft | AED 1.5MAED 1,500,000 · Oct 2023October 2023 | 155,000 /yr | |
| 504 | 1-bed | 839 sqft | AED 1.11MAED 1,110,000 · Jul 2022July 2022 | 95,000 /yr | |
| 505 | 1-bed | 830 sqft | AED 1.05MAED 1,050,823 · Aug 2022August 2022 | ||
| 506 | Studio | 442 sqft | AED 725KAED 725,000 · Sep 2022September 2022 | 67,000 /yr | |
| 507 | Studio | 487 sqft | AED 785KAED 785,000 · Oct 2022October 2022 | ||
| 508 | 1-bed | 1,020 sqft | AED 1.28MAED 1,277,778 · Sep 2022September 2022 | ||
| 511 | Studio | 418 sqft | AED 762KAED 762,000 · Aug 2022August 2022 | 50,000 /yr |
510, Waves Tower in numbers
- Sold twice: first on 16 August 2022 for AED 765,000, last on 7 September 2026 for AED 850,000 (AED 1,980 per sqft).
- Rented since August 2022 on 2 Ejari contracts, from AED 37,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2026 price is 7.1%, before a service charge of about AED 6,900 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 September 2026.
Questions about 510, Waves Tower
What did unit 510 last sell for?
AED 850,000 on 7 September 2026: AED 1,980 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 765,000 in August 2022.
What is the rent for unit 510?
AED 60,000 a year on the contract signed on 10 August 2025. The previous contract, from August 2022, was AED 37,000.
How big is unit 510?
429 sqft (39.9 sqm): a studio on the 5th floor of a 19-storey tower.
What is unit 510 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.
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Mortgage on 510, Waves Tower
Starts from the last sale price (AED 850K, 7 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →