1-bed · 980 sqftWaves Tower, Business Bay · 8th floor

801, Waves Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 801 · DLD and Ejari recordsUpdated 20 October 2024

Last soldAED 1.35M8 September 2022

Current rentAED 90K /yr20 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 801, Waves Tower

Today

What is 801 worth today?

Last sold for AED 1,350,000 in 2022

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20 Oct 2024

20 Oct 2024RentedRenewal

AED 90,000/yr12 months · AED 92 per sqft

20 Oct 2023

20 Oct 2023RentedNew contract

AED 90,000/yr12 months · AED 92 per sqft

3 Oct 2022

3 Oct 2022RentedNew contract

AED 85,000/yr12 months · AED 87 per sqft

8 Sep 2022

8 Sep 2022Sold by developerReady

AED 1,350,000AED 1,378 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type: 1-bed apartment
Size: 980 sqft
Floor: 8th of 19
Parking: P3-04
Service charge: AED 15,600 /yr
Last sold: AED 1.35M · September 2022
Building: Waves Tower

About 801, Waves Tower

801 is a one-bedroom apartment of 980 sqft on the 8th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 8 September 2022 for AED 1,350,000, or AED 1,378 per sqft, 5% above the AED 1,307 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 90,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 801 over time

Sales

Unit 801, each saleTypical one-bed in Waves Tower

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

Rents

Unit 801, each contractTypical one-bed in Waves Tower

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 801 sits

All 72 1-beds →

1-beds in Waves Tower · last 12 months1,743 /sqft Waves Tower · all types1,675 /sqft

801 last sold in September 2022 at AED 1,378 per sqft, 5% above what one-beds in Waves Tower were fetching at the time (AED 1,307). 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. 801's AED 90,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 8th floor

All 193 units in Waves Tower


802	2-bed	1,433 sqft	AED 2.3MAED 2,300,000 · Oct 2024October 2024	150,000 /yr
803	2-bed	1,428 sqft	AED 2.26MAED 2,260,000 · Jan 2026January 2026
804	1-bed	839 sqft	AED 1.4MAED 1,400,000 · Dec 2023December 2023	105,000 /yr
805	1-bed	830 sqft	AED 1.15MAED 1,145,000 · Aug 2022August 2022
806	Studio	442 sqft	AED 699KAED 699,000 · Aug 2022August 2022	62,000 /yr
807	Studio	487 sqft	AED 930KAED 930,000 · Sep 2024September 2024
808	1-bed	1,020 sqft	AED 1.1MAED 1,100,000 · Aug 2022August 2022	108,000 /yr
809	2-bed	1,580 sqft	AED 2.2MAED 2,200,000 · Aug 2023August 2023	150,000 /yr
810	Studio	429 sqft	AED 685KAED 685,293 · Jun 2022June 2022	70,000 /yr
811	Studio	418 sqft	AED 678KAED 678,187 · Jun 2022June 2022	67,000 /yr

1–7 of 10

801, Waves Tower in numbers

Sold once: by the developer on 8 September 2022 for AED 1,350,000, or AED 1,378 per sqft.
Rented since October 2022 on 3 Ejari contracts, from AED 85,000 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 15,600 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 20 October 2024.

Questions about 801, Waves Tower

What did unit 801 last sell for?

AED 1,350,000 on 8 September 2022, sold by the developer: AED 1,378 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 801?

AED 90,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 90,000; the unit has been rented since October 2022.

How big is unit 801?

980 sqft (91.0 sqm): a one-bedroom apartment on the 8th floor of a 19-storey tower.

What is unit 801 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 801, Waves Tower

Starts from the last sale price (AED 1.35M, 8 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,350,000
Deposit, UAE resident (20%): AED 270,000
Deposit, non-resident (40%): AED 540,000
Monthly over 25 years at 3.7%: AED 5,523

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