2-bed · 1,580 sqftWaves Tower, Business Bay · 8th floor

809, Waves Tower

Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 2.2M24 August 2023
Current rentAED 150K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Waves Tower

What is 809 worth today?

Last sold for AED 2,200,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2025RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
1 May 2025RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
24 Aug 2023Sold by developerReady
AED 2,200,000AED 1,392 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
8th of 19
Parking
P3-12
Service charge
AED 25,200 /yr
Last sold
AED 2.2M · August 2023
Building
Waves Tower

About 809, Waves Tower

809 is a two-bedroom apartment of 1,580 sqft on the 8th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 24 August 2023 for AED 2,200,000, or AED 1,392 per sqft, 7% below the AED 1,502 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 May 2025, is AED 150,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 25,200 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, August 2023: AED 2,200,000 (AED 1,392 per sqft)

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

Rents
Unit 809, 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 150,000New contract, May 2025: AED 150,000 a yearNew contract, May 2025: AED 150,000 a year

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 809 sits

All 49 2-beds →

809 last sold in August 2023 at AED 1,392 per sqft, 7% below what two-beds in Waves Tower were fetching at the time (AED 1,502). 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. 809's AED 150,000 is in the lower half of that range.

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 8th floor

All 193 units in Waves Tower
Value
8011-bedAED 1.35M · Sep 2022
8022-bedAED 2.3M · Oct 2024
8032-bedAED 2.26M · Jan 2026
8041-bedAED 1.4M · Dec 2023
8051-bedAED 1.15M · Aug 2022
806StudioAED 699K · Aug 2022
807StudioAED 930K · Sep 2024
1–7 of 10

809, Waves Tower in numbers

  • Sold once: by the developer on 24 August 2023 for AED 2,200,000, or AED 1,392 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 25,200 a year (AED 15.97 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 1 May 2025.

Questions about 809, Waves Tower

What did unit 809 last sell for?

AED 2,200,000 on 24 August 2023, sold by the developer: AED 1,392 per sqft for 1,580 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 150,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 150,000.

How big is unit 809?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 8th floor of a 19-storey tower.

What is unit 809 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.

Selling 809? 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.

How OpenOffers works

Mortgage on 809, Waves Tower

Starts from the last sale price (AED 2.2M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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