701, 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.
Property timeline for 701, Waves Tower
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 980 sqft
- Floor
- 7th of 19
- Parking
- P3-15
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.25M · July 2022
- Building
- Waves Tower
About 701, Waves Tower
701 is a one-bedroom apartment of 980 sqft on the 7th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 20 July 2022 for AED 1,246,361, or AED 1,272 per sqft, in line with the AED 1,289 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 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 701 sits
All 72 1-beds →701 last sold in July 2022 at AED 1,272 per sqft, in line with what one-beds in Waves Tower were fetching at the time (AED 1,289). 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 7th floor
All 193 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,433 sqft | AED 2.32MAED 2,321,000 · Sep 2022September 2022 | 145,000 /yr | |
| 703 | 2-bed | 1,428 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 140,000 /yr | |
| 704 | 1-bed | 839 sqft | AED 1.17MAED 1,170,000 · Sep 2022September 2022 | 90,000 /yr | |
| 705 | 1-bed | 830 sqft | AED 1.14MAED 1,140,886 · Oct 2022October 2022 | 90,000 /yr | |
| 706 | Studio | 221 sqft | AED 348KAED 348,000 · Feb 2023February 2023 | 60,000 /yr | |
| 707 | Studio | 487 sqft | AED 745KAED 745,000 · Sep 2022September 2022 | 50,000 /yr | |
| 708 | 1-bed | 1,020 sqft | AED 1.13MAED 1,130,000 · Sep 2022September 2022 | 88,000 /yr | |
| 709 | 2-bed | 1,580 sqft | AED 2.08MAED 2,080,540 · Dec 2022December 2022 | 125,000 /yr | |
| 710 | Studio | 429 sqft | AED 725KAED 725,000 · Aug 2022August 2022 | ||
| 711 | Studio | 418 sqft | AED 762KAED 762,000 · Sep 2022September 2022 | 58,000 /yr |
701, Waves Tower in numbers
- Sold once: by the developer on 20 July 2022 for AED 1,246,361, or AED 1,272 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 20 July 2022.
Questions about 701, Waves Tower
What did unit 701 last sell for?
AED 1,246,361 on 20 July 2022, sold by the developer: AED 1,272 per sqft for 980 sqft. It is the only registered sale of the unit.
How big is unit 701?
980 sqft (91.0 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, Waves Tower
Starts from the last sale price (AED 1.25M, 20 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,246,361
- Deposit, UAE resident (20%)
- AED 249,272
- Deposit, non-resident (40%)
- AED 498,544
- Monthly over 25 years at 3.7%
- AED 5,099
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →