1-bed · 911 sqftThe Waves Tower A, Dubai Marina · 12th floor · completed 2007

A123, The Waves Tower A

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A123 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 1.48M16 August 2024
Current rentAED 80K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A123, The Waves Tower A

What is A123 worth today?

Last sold for AED 1,480,000 in 2024

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21 Aug 2026RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
16 Aug 2024SoldReady
AED 1,480,000AED 1,624 per sqft
1 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
30 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
2 Jun 2019RentedRenewal
AED 72,500/yr12 months · AED 79 per sqft
2 Jun 2018RentedRenewal
AED 82,000/yr12 months · AED 90 per sqft
2 Jun 2017RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
1 May 2015RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
1-bed apartment
Size
911 sqft
Floor
12th of 26
Parking
B3-92
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 14,200 /yr
Last sold
AED 1.48M · August 2024

About A123, The Waves Tower A

A123 is a one-bedroom apartment of 911 sqft on the 12th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 16 August 2024 for AED 1,480,000, or AED 1,624 per sqft, 31% above the AED 1,241 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 21 August 2026, is AED 80,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for A123 over time

Sales
Unit A123, each saleTypical one-bed in The Waves Tower A
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 595,000; 2009 AED 558,441; 2010 AED 593,000; 2011 AED 608,525; 2012 AED 740,000; 2013 AED 960,000; 2014 AED 1,325,000; 2015 AED 1,330,000; 2017 AED 1,150,000; 2018 AED 1,090,000; 2021 AED 700,000; 2022 AED 980,000; 2023 AED 1,137,500; 2024 AED 1,347,500; 2025 AED 1,300,000; 2026 AED 1,525,000Sold by developer, December 2009: AED 567,000 (AED 622 per sqft)Sold, August 2024: AED 1,480,000 (AED 1,624 per sqft)

A123 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A123, each contractTypical one-bed in The Waves Tower A
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 90,000; 2015 AED 99,000; 2016 AED 93,582; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 73,000; 2020 AED 60,500; 2021 AED 56,500; 2022 AED 68,000; 2023 AED 75,000; 2024 AED 83,300; 2025 AED 84,748; 2026 AED 80,000New contract, March 2013: AED 67,319 a yearNew contract, May 2015: AED 115,000 a yearNew contract, June 2017: AED 90,000 a yearRenewal, June 2018: AED 82,000 a yearRenewal, June 2019: AED 72,500 a yearNew contract, September 2020: AED 50,000 a yearNew contract, February 2021: AED 60,000 a yearNew contract, August 2026: AED 80,000 a year

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

1-beds in The Waves Tower A, and where A123 sits

All 75 1-beds →

A123 last sold in August 2024 at AED 1,624 per sqft, 31% above what one-beds in The Waves Tower A were fetching at the time (AED 1,241). Over the last 12 months one-beds sold for AED 516,660 to 1,550,000, around AED 1,332 per sqft, and rent for AED 52,028 to 260,000 a year. A123's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,150,000
25 Mar 20261,550,000
19 Jan 20261,525,000
25 Nov 2025516,660
4 1-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 12th floor

All 161 units in The Waves Tower A
Value
A1211-bedAED 685K · Apr 2021
A1221-bedAED 562K · May 2010
A1241-bedAED 1.13M · Dec 2023
A1251-bedAED 1.75M · Sep 2008
A1263-bedAED 2.03M · Nov 2022
A1272-bedAED 1.3M · Jan 2022
A1282-bedAED 1.51M · Jun 2024

A123, The Waves Tower A in numbers

  • Sold twice: first on 9 December 2009 for AED 567,000, last on 16 August 2024 for AED 1,480,000 (AED 1,624 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 67,319 to AED 50,000 in 2020 and recovered to AED 80,000 by August 2026.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 14,200 a year (AED 15.61 per sqft).
  • One-beds in The Waves Tower A sold for AED 516,660–1,550,000 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 21 August 2026.

Questions about A123, The Waves Tower A

What did unit A123 last sell for?

AED 1,480,000 on 16 August 2024: AED 1,624 per sqft for 911 sqft. The unit has 2 registered sales; the first was AED 567,000 in December 2009.

What is the rent for unit A123?

AED 80,000 a year on the contract signed on 21 August 2026. The previous contract, from February 2021, was AED 60,000; the unit has been rented since March 2013.

How big is unit A123?

911 sqft (84.6 sqm): a one-bedroom apartment on the 12th floor of a 26-storey tower completed in 2007.

What is unit A123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Waves Tower A sold for AED 516,660 to 1,550,000 in the last 12 months, around AED 1,332 per sqft.

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Mortgage on A123, The Waves Tower A

Starts from the last sale price (AED 1.48M, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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