Studio · 487 sqftWaves Tower, Business Bay · 9th floor

907, Waves Tower

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

Unit 907 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 751K15 July 2022
Current rentAED 60K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Waves Tower

What is 907 worth today?

Last sold for AED 751,117 in 2022

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1 Dec 2023RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
1 Nov 2022RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
15 Jul 2022Sold by developerReady
AED 751,117AED 1,542 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
9th of 19
Parking
P2-34
Service charge
AED 7,800 /yr
Last sold
AED 751K · July 2022
Building
Waves Tower

About 907, Waves Tower

907 is a studio of 487 sqft on the 9th floor of Waves Tower, a 19-storey tower in Business Bay. The developer sold it on 15 July 2022 for AED 751,117, or AED 1,542 per sqft, in line with the AED 1,561 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 December 2023, is AED 60,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical studio in Waves Tower
800K900K202220242026Typical sale price by year: 2022 AED 751,559; 2023 AED 855,000; 2025 AED 920,000; 2026 AED 860,000Sold by developer, July 2022: AED 751,117 (AED 1,542 per sqft)

907 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 907, each contractTypical studio in Waves Tower
50K60K202220242026Typical rent by year: 2022 AED 54,500; 2023 AED 56,700; 2024 AED 65,000; 2025 AED 65,000; 2026 AED 60,000New contract, November 2022: AED 46,000 a yearNew contract, December 2023: AED 60,000 a year

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 907 sits

All 72 studios →

907 last sold in July 2022 at AED 1,542 per sqft, in line with what studios in Waves Tower were fetching at the time (AED 1,561). 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. 907's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026850,000
25 Feb 20261,000,000
30 Jan 2026860,000
5 Dec 2025920,000
4 studio 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
9022-bedAED 2.3M · Jun 2023
9032-bedAED 1.85M · Jul 2022
9041-bedAED 1.15M · Aug 2022
9051-bedAED 1.55M · Feb 2024
906StudioAED 355K · Feb 2023
9081-bedAED 1.28M · Sep 2022
1–7 of 10

907, Waves Tower in numbers

  • Sold once: by the developer on 15 July 2022 for AED 751,117, or AED 1,542 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 46,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 8.0%, 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 1 December 2023.

Questions about 907, Waves Tower

What did unit 907 last sell for?

AED 751,117 on 15 July 2022, sold by the developer: AED 1,542 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 907?

AED 60,000 a year on the contract signed on 1 December 2023. The previous contract, from November 2022, was AED 46,000.

How big is unit 907?

487 sqft (45.2 sqm): a studio on the 9th floor of a 19-storey tower.

What is unit 907 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 907, Waves Tower

Starts from the last sale price (AED 751K, 15 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 751,117
Deposit, UAE resident (20%)
AED 150,223
Deposit, non-resident (40%)
AED 300,447
Monthly over 25 years at 3.7%
AED 3,073

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