707, Waves Tower
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Waves Tower
What is 707 worth today?
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Source: Dubai Land Department. Updated 28 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 487 sqft
- Floor
- 7th of 19
- Parking
- P3-21
- Service charge
- AED 7,800 /yr
- Last sold
- AED 745K · September 2022
- Building
- Waves Tower
About 707, Waves Tower
707 is a studio of 487 sqft on the 7th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 12 September 2022 for AED 745,000, or AED 1,530 per sqft, 5% below the AED 1,610 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 28 September 2026, is AED 50,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 7,800 a year.
Sales and rents for 707 over time
707 has sold once; 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 707 sits
All 72 studios →707 last sold in September 2022 at AED 1,530 per sqft, 5% below what studios in Waves Tower were fetching at the time (AED 1,610). 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. 707's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 429 sqft | 850,000 | 1,980 | ||
| 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 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 980 sqft | AED 1.25MAED 1,246,361 · Jul 2022July 2022 | ||
| 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 | |
| 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 |
707, Waves Tower in numbers
- Sold once: by the developer on 12 September 2022 for AED 745,000, or AED 1,530 per sqft.
- Rented since October 2022 on 5 Ejari contracts, from AED 54,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 7,800 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 28 September 2026.
Questions about 707, Waves Tower
What did unit 707 last sell for?
AED 745,000 on 12 September 2022, sold by the developer: AED 1,530 per sqft for 487 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 50,000 a year on the contract signed on 28 September 2026. The previous contract, from November 2025, was AED 70,000; the unit has been rented since October 2022.
How big is unit 707?
487 sqft (45.2 sqm): a studio on the 7th floor of a 19-storey tower.
What is unit 707 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 707, Waves Tower
Starts from the last sale price (AED 745K, 12 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 745,000
- Deposit, UAE resident (20%)
- AED 149,000
- Deposit, non-resident (40%)
- AED 298,000
- Monthly over 25 years at 3.7%
- AED 3,048
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →