A118, The Waves Tower A
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A118, The Waves Tower A
What is A118 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,211 sqft
- Floor
- 11th of 26
- Parking
- B3-95
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.06M · November 2017
- Building
- The Waves Tower A
About A118, The Waves Tower A
A118 is a two-bedroom apartment of 1,211 sqft on the 11th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. The developer sold it on 6 November 2017 for AED 1,057,000, or AED 872 per sqft, 25% below the AED 1,159 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 3 September 2026, is AED 130,000 a year: a gross yield of 12.3% on the 2017 price, before the service charge of about AED 18,900 a year.
Sales and rents for A118 over time
A118 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Waves Tower A, and where A118 sits
All 54 2-beds →A118 last sold in November 2017 at AED 872 per sqft, 25% below what two-beds in The Waves Tower A were fetching at the time (AED 1,159). Over the last 12 months two-beds sold for AED 1,700,000 to 2,325,000, around AED 1,514 per sqft, and rent for AED 106,032 to 145,000 a year. A118's AED 130,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,314 sqft | 2,075,000 | 1,579 | ||
| 23 Sep 202623 September 2026 | 1,370 sqft | 1,900,000 | 1,386 | ||
| 4 Aug 20264 August 2026 | 1,211 sqft | 1,700,000 | 1,403 | ||
| 13 Feb 202613 February 2026 | 1,369 sqft | 2,325,000 | 1,698 |
The Waves Tower A
Building161 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%
Other units on the 11th floor
All 161 units in The Waves Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A111 | 1-bed | 1,030 sqft | AED 935KAED 935,000 · Jul 2012July 2012 | 93,000 /yr | |
| A112 | 1-bed | 912 sqft | AED 562KAED 562,000 · Jan 2012January 2012 | 90,000 /yr | |
| A113 | 1-bed | 911 sqft | AED 1.38MAED 1,375,000 · Sep 2015September 2015 | 83,600 /yr | |
| A114 | 1-bed | 918 sqft | AED 1.2MAED 1,200,000 · Jul 2017July 2017 | 85,000 /yr | |
| A115 | 1-bed | 913 sqft | AED 609KAED 609,000 · Feb 2013February 2013 | 94,000 /yr | |
| A116 | 3-bed | 2,034 sqft | AED 2.73MAED 2,730,000 · Jul 2025July 2025 | 160,000 /yr | |
| A117 | 2-bed | 1,369 sqft | AED 1.23MAED 1,225,000 · Oct 2011October 2011 |
A118, The Waves Tower A in numbers
- Sold once: by DAMAC PROPERTIES CO on 6 November 2017 for AED 1,057,000, or AED 872 per sqft.
- Rented since August 2013 on 8 Ejari contracts, from AED 100,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2017 price is 12.3%, before a service charge of about AED 18,900 a year (AED 15.61 per sqft).
- Two-beds in The Waves Tower A sold for AED 1,700,000–2,325,000 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 3 September 2026.
Questions about A118, The Waves Tower A
What did unit A118 last sell for?
AED 1,057,000 on 6 November 2017, sold by the developer: AED 872 per sqft for 1,211 sqft. It is the only registered sale of the unit.
What is the rent for unit A118?
AED 130,000 a year on the contract renewed on 3 September 2026. The previous contract, from September 2025, was AED 130,000; the unit has been rented since August 2013.
How big is unit A118?
1,211 sqft (112.5 sqm): a two-bedroom apartment on the 11th floor of a 26-storey tower completed in 2007.
What is unit A118 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Waves Tower A sold for AED 1,700,000 to 2,325,000 in the last 12 months, around AED 1,514 per sqft.
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Mortgage on A118, The Waves Tower A
Starts from the last sale price (AED 1.06M, 6 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,057,000
- Deposit, UAE resident (20%)
- AED 211,400
- Deposit, non-resident (40%)
- AED 422,800
- Monthly over 25 years at 3.7%
- AED 4,325
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →