2-bed · 1,433 sqftWaves Tower, Business Bay · 6th floor

602, Waves Tower

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

Unit 602 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 2.11M15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Waves Tower

What is 602 worth today?

Last sold for AED 2,108,129 in 2022

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15 Jul 2022Sold by developerReady
AED 2,108,129AED 1,471 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
6th of 19
Parking
P3-27
Service charge
AED 22,900 /yr
Last sold
AED 2.11M · July 2022
Building
Waves Tower

About 602, Waves Tower

602 is a two-bedroom apartment of 1,433 sqft on the 6th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 15 July 2022 for AED 2,108,129, or AED 1,471 per sqft, 12% above the AED 1,318 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Waves Tower
2M2.2M2.4M202220242026Typical sale price by year: 2022 AED 1,988,973; 2023 AED 2,318,750; 2024 AED 2,362,500; 2025 AED 2,400,000; 2026 AED 2,330,000Sold by developer, July 2022: AED 2,108,129 (AED 1,471 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Waves Tower
140K150K202220242026Typical rent by year: 2022 AED 135,000; 2023 AED 150,000; 2024 AED 152,727; 2025 AED 155,000; 2026 AED 150,000

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 602 sits

All 49 2-beds →

602 last sold in July 2022 at AED 1,471 per sqft, 12% above what two-beds in Waves Tower were fetching at the time (AED 1,318). 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 salesUnit no.Price (AED)Summary
20 Oct 20262,175,000
25 Sep 20262,110,000
18 Aug 20262,500,000
26 Jan 20262,260,000
7 2-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 6th floor

All 193 units in Waves Tower
Value
6011-bedAED 1.24M · Aug 2022
6032-bedAED 2.5M · Aug 2026
6041-bedAED 1.07M · Jul 2022
6051-bedAED 543K · Feb 2023
606StudioAED 692K · Aug 2022
607StudioAED 749K · Aug 2022
6081-bedAED 1.12M · Aug 2022
1–7 of 9

602, Waves Tower in numbers

  • Sold once: by the developer on 15 July 2022 for AED 2,108,129, or AED 1,471 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 15 July 2022.

Questions about 602, Waves Tower

What did unit 602 last sell for?

AED 2,108,129 on 15 July 2022, sold by the developer: AED 1,471 per sqft for 1,433 sqft. It is the only registered sale of the unit.

How big is unit 602?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 6th floor of a 19-storey tower.

What is unit 602 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 602, Waves Tower

Starts from the last sale price (AED 2.11M, 15 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,108,129
Deposit, UAE resident (20%)
AED 421,626
Deposit, non-resident (40%)
AED 843,252
Monthly over 25 years at 3.7%
AED 8,625

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