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1-bed · 839 sqftWaves Tower, Business Bay · 6th floor

604, Waves Tower

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1.07M7 July 2022
Current rentAED 110K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 604, Waves Tower

What is 604 worth today?

Last sold for AED 1,067,996 in 2022

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10 Mar 2025RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
10 Mar 2025RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
6 Nov 2023RentedNew contract
AED 130,000/yr12 months · AED 155 per sqft
12 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
7 Jul 2022Sold by developerReady
AED 1,067,996AED 1,272 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
6th of 19
Parking
P3-29
Service charge
AED 13,400 /yr
Last sold
AED 1.07M · July 2022
Building
Waves Tower

About 604, Waves Tower

604 is a one-bedroom apartment of 839 sqft on the 6th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 7 July 2022 for AED 1,067,996, or AED 1,272 per sqft, 3% below the AED 1,313 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 March 2025, is AED 110,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Waves Tower
1M1.25M1.5M2022202320242025Typical sale price by year: 2022 AED 1,161,500; 2023 AED 1,401,375; 2024 AED 1,550,000Sold by developer, July 2022: AED 1,067,996 (AED 1,272 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Waves Tower
100K125K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 95,000New contract, September 2022: AED 110,000 a yearNew contract, November 2023: AED 130,000 a yearNew contract, March 2025: AED 110,000 a yearNew contract, March 2025: AED 110,000 a year

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 604 sits

All 72 1-beds →

604 last sold in July 2022 at AED 1,272 per sqft, 3% below what one-beds in Waves Tower were fetching at the time (AED 1,313). 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. 604's AED 110,000 is in the lower half of that range.

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 6th floor

All 193 units in Waves Tower
Value
6011-bedAED 1.24M · Aug 2022
6022-bedAED 2.11M · Jul 2022
6032-bedAED 2.5M · Aug 2026
6051-bedAED 543K · Feb 2023
606StudioAED 692K · Aug 2022
607StudioAED 749K · Aug 2022
6081-bedAED 1.12M · Aug 2022
1–7 of 9

604, Waves Tower in numbers

  • Sold once: by the developer on 7 July 2022 for AED 1,067,996, or AED 1,272 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 13,400 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 10 March 2025.

Questions about 604, Waves Tower

What did unit 604 last sell for?

AED 1,067,996 on 7 July 2022, sold by the developer: AED 1,272 per sqft for 839 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 110,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2025, was AED 110,000; the unit has been rented since September 2022.

How big is unit 604?

839 sqft (77.9 sqm): a one-bedroom apartment on the 6th floor of a 19-storey tower.

What is unit 604 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 604, Waves Tower

Starts from the last sale price (AED 1.07M, 7 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,067,996
Deposit, UAE resident (20%)
AED 213,599
Deposit, non-resident (40%)
AED 427,198
Monthly over 25 years at 3.7%
AED 4,370

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