2-bed · 1,433 sqftWaves Tower, Business Bay · 9th floor

902, Waves Tower

Sold prices and rental history: sold twice, last in June 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 2.3M21 June 2023
Current rentAED 130K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Waves Tower

What is 902 worth today?

Last sold for AED 2,300,000 in 2023

Unlock today's estimate, updated daily, with

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

21 Jun 2023SoldReady
AED 2,300,000AED 1,605 per sqft
1 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
29 Jul 2022Sold by developerReady
AED 1,880,754AED 1,312 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
9th of 19
Parking
P2-29
Service charge
AED 22,900 /yr
Last sold
AED 2.3M · June 2023
Building
Waves Tower

About 902, Waves Tower

902 is a two-bedroom apartment of 1,433 sqft on the 9th floor of Waves Tower, a 19-storey tower in Business Bay. It last sold on 21 June 2023 for AED 2,300,000, or AED 1,605 per sqft, 16% above the AED 1,381 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2022. The current contract, signed on 1 September 2022, is AED 130,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 22,900 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical two-bed in Waves Tower
2M2.25M202220242026Typical 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, July 2022: AED 1,880,754 (AED 1,312 per sqft)Sold, June 2023: AED 2,300,000 (AED 1,605 per sqft)

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

Rents
Unit 902, each contractTypical two-bed in Waves Tower
140K202220242026Typical rent by year: 2022 AED 135,000; 2023 AED 150,000; 2024 AED 152,727; 2025 AED 155,000; 2026 AED 150,000New contract, September 2022: AED 130,000 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 902 sits

All 49 2-beds →

902 last sold in June 2023 at AED 1,605 per sqft, 16% above what two-beds in Waves Tower were fetching at the time (AED 1,381). 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. 902's AED 130,000 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 9th floor

All 193 units in Waves Tower
Value
9011-bedAED 1.8M · Apr 2026
9032-bedAED 1.85M · Jul 2022
9041-bedAED 1.15M · Aug 2022
9051-bedAED 1.55M · Feb 2024
906StudioAED 355K · Feb 2023
907StudioAED 751K · Jul 2022
9081-bedAED 1.28M · Sep 2022
1–7 of 10

902, Waves Tower in numbers

  • Sold twice: first on 29 July 2022 for AED 1,880,754, last on 21 June 2023 for AED 2,300,000 (AED 1,605 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 22,900 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 21 June 2023.

Questions about 902, Waves Tower

What did unit 902 last sell for?

AED 2,300,000 on 21 June 2023: AED 1,605 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 1,880,754 in July 2022.

What is the rent for unit 902?

AED 130,000 a year on the contract signed on 1 September 2022.

How big is unit 902?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 9th floor of a 19-storey tower.

What is unit 902 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 902? 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 902, Waves Tower

Starts from the last sale price (AED 2.3M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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