601, 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 601, Waves Tower
What is 601 worth today?
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Source: Dubai Land Department. Updated 11 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 980 sqft
- Floor
- 6th of 19
- Parking
- P3-26
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.24M · August 2022
- Building
- Waves Tower
About 601, Waves Tower
601 is a one-bedroom apartment of 980 sqft on the 6th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 11 August 2022 for AED 1,240,870, or AED 1,266 per sqft, 3% below the AED 1,306 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 601 over time
601 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 601 sits
All 72 1-beds →601 last sold in August 2022 at AED 1,266 per sqft, 3% below what one-beds in Waves Tower were fetching at the time (AED 1,306). 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 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 6th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,433 sqft | AED 2.11MAED 2,108,129 · Jul 2022July 2022 | ||
| 603 | 2-bed | 1,428 sqft | AED 2.5MAED 2,500,000 · Aug 2026August 2026 | ||
| 604 | 1-bed | 839 sqft | AED 1.07MAED 1,067,996 · Jul 2022July 2022 | 110,000 /yr | |
| 605 | 1-bed | 415 sqft | AED 543KAED 542,950 · Feb 2023February 2023 | 99,723 /yr | |
| 606 | Studio | 442 sqft | AED 692KAED 692,000 · Aug 2022August 2022 | 47,000 /yr | |
| 607 | Studio | 487 sqft | AED 749KAED 749,000 · Aug 2022August 2022 | 57,330 /yr | |
| 608 | 1-bed | 1,020 sqft | AED 1.12MAED 1,124,880 · Aug 2022August 2022 | 85,000 /yr | |
| 610 | Studio | 429 sqft | AED 920KAED 920,000 · Apr 2025April 2025 | 70,000 /yr | |
| 611 | Studio | 418 sqft | AED 740KAED 739,630 · Aug 2022August 2022 |
601, Waves Tower in numbers
- Sold once: by the developer on 11 August 2022 for AED 1,240,870, or AED 1,266 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 11 August 2022.
Questions about 601, Waves Tower
What did unit 601 last sell for?
AED 1,240,870 on 11 August 2022, sold by the developer: AED 1,266 per sqft for 980 sqft. It is the only registered sale of the unit.
How big is unit 601?
980 sqft (91.0 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower.
What is unit 601 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 601, Waves Tower
Starts from the last sale price (AED 1.24M, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,870
- Deposit, UAE resident (20%)
- AED 248,174
- Deposit, non-resident (40%)
- AED 496,348
- Monthly over 25 years at 3.7%
- AED 5,077
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →