3-bed · 2,034 sqftThe Waves Tower A, Dubai Marina · 11th floor · completed 2007

A116, The Waves Tower A

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A116 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 2.73M28 July 2025
Current rentAED 160K /yr16 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A116, The Waves Tower A

What is A116 worth today?

Last sold for AED 2,730,000 in 2025

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28 Jul 2025SoldReady
AED 2,730,000AED 1,342 per sqft
16 Nov 2023RentedNew contract
AED 160,000/yr18 months · AED 79 per sqft
22 Sep 2022RentedRenewal
AED 117,500/yr12 months · AED 58 per sqft
22 Sep 2021RentedRenewal
AED 117,500/yr12 months · AED 58 per sqft
22 Sep 2020RentedRenewal
AED 117,500/yr12 months · AED 58 per sqft
22 Sep 2019RentedRenewal
AED 148,000/yr12 months · AED 73 per sqft
22 Sep 2018RentedNew contract
AED 148,000/yr12 months · AED 73 per sqft
3 Aug 2017RentedRenewal
AED 115,000/yr7 months · AED 57 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
3-bed apartment
Size
2,034 sqft
Floor
11th of 26
Parking
B3-97
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 31,700 /yr
Last sold
AED 2.73M · July 2025

About A116, The Waves Tower A

A116 is a three-bedroom apartment of 2,034 sqft on the 11th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 28 July 2025 for AED 2,730,000, or AED 1,342 per sqft, 5% below the AED 1,412 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 16 November 2023, is AED 160,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 31,700 a year.

Sales and rents for A116 over time

Sales
Unit A116, each saleTypical three-bed in The Waves Tower A
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,234,000; 2009 AED 1,324,500; 2010 AED 1,712,500; 2011 AED 1,372,000; 2012 AED 1,875,000; 2013 AED 1,922,500; 2016 AED 2,350,000; 2017 AED 2,350,000; 2018 AED 3,100,000; 2021 AED 3,050,000; 2023 AED 2,400,000; 2024 AED 2,800,000; 2025 AED 3,025,000Sold by developer, January 2012: AED 1,165,000 (AED 572 per sqft)Sold, July 2025: AED 2,730,000 (AED 1,342 per sqft)

A116 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit A116, each contractTypical three-bed in The Waves Tower A
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 172,700; 2014 AED 177,500; 2015 AED 180,381; 2016 AED 180,000; 2017 AED 167,480; 2018 AED 152,500; 2019 AED 140,000; 2020 AED 120,000; 2021 AED 110,000; 2022 AED 126,000; 2023 AED 155,000; 2024 AED 168,000; 2025 AED 180,000; 2026 AED 175,000New contract, August 2016: AED 115,000 a yearRenewal, August 2017: AED 115,000 a yearNew contract, September 2018: AED 148,000 a yearRenewal, September 2019: AED 148,000 a yearRenewal, September 2020: AED 117,500 a yearRenewal, September 2021: AED 117,500 a yearRenewal, September 2022: AED 117,500 a yearNew contract, November 2023: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Waves Tower A, and where A116 sits

All 32 3-beds →

A116 last sold in July 2025 at AED 1,342 per sqft, 5% below what three-beds in The Waves Tower A were fetching at the time (AED 1,412). Over the last 12 months three-beds sold for AED 2,900,000 to 3,900,000, around AED 1,626 per sqft, and rent for AED 157,500 to 190,000 a year. A116's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jul 20263,400,000
18 Dec 20252,900,000
28 Nov 20253,000,000
20 Nov 20253,900,000
5 3-bed sales in the last 12 months

The Waves Tower A

Building

161 apartments, 1-bed to 3-bed over 26 floors in Dubai Marina, completed in 2007 by DAMAC PROPERTIES CO. 14 sold in the last 12 months.

Typical price per sqft
AED 1,497 Up 7.6%
Typical sale
AED 1.99M
Typical rent
AED 93K /yr
Typical yield
6.1%
The Waves Tower A, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 161 units in The Waves Tower A
Value
A1111-bedAED 935K · Jul 2012
A1121-bedAED 562K · Jan 2012
A1131-bedAED 1.38M · Sep 2015
A1141-bedAED 1.2M · Jul 2017
A1151-bedAED 609K · Feb 2013
A1172-bedAED 1.23M · Oct 2011
A1182-bedAED 1.06M · Nov 2017

A116, The Waves Tower A in numbers

  • Sold twice: first on 9 January 2012 for AED 1,165,000, last on 28 July 2025 for AED 2,730,000 (AED 1,342 per sqft).
  • Rented since August 2016 on 8 Ejari contracts, from AED 115,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 31,700 a year (AED 15.61 per sqft).
  • Three-beds in The Waves Tower A sold for AED 2,900,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,497 per sqft.

Source: Dubai Land Department. Updated 28 July 2025.

Questions about A116, The Waves Tower A

What did unit A116 last sell for?

AED 2,730,000 on 28 July 2025: AED 1,342 per sqft for 2,034 sqft. The unit has 2 registered sales; the first was AED 1,165,000 in January 2012.

What is the rent for unit A116?

AED 160,000 a year on the contract signed on 16 November 2023. The previous contract, from September 2022, was AED 117,500; the unit has been rented since August 2016.

How big is unit A116?

2,034 sqft (189.0 sqm): a three-bedroom apartment on the 11th floor of a 26-storey tower completed in 2007.

What is unit A116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Waves Tower A sold for AED 2,900,000 to 3,900,000 in the last 12 months, around AED 1,626 per sqft.

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Mortgage on A116, The Waves Tower A

Starts from the last sale price (AED 2.73M, 28 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,730,000
Deposit, UAE resident (20%)
AED 546,000
Deposit, non-resident (40%)
AED 1,092,000
Monthly over 25 years at 3.7%
AED 11,169

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