3-bed · 2,034 sqftThe Waves Tower A, Dubai Marina · 12th floor · completed 2007

A126, The Waves Tower A

Sold prices and rental history: sold twice, last in November 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A126 · DLD and Ejari recordsUpdated 22 November 2022
Last soldAED 2.03M22 November 2022
Current rentAED 120K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A126, The Waves Tower A

What is A126 worth today?

Last sold for AED 2,030,000 in 2022

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22 Nov 2022SoldReady
AED 2,030,000AED 998 per sqft
1 Nov 2021RentedRenewal
AED 120,000/yr12 months · AED 59 per sqft
1 Nov 2020RentedRenewal
AED 120,000/yr12 months · AED 59 per sqft
1 Nov 2019RentedNew contract
AED 125,000/yr12 months · AED 61 per sqft
23 Jul 2011Sold by developerReady
AED 1,275,000AED 626 per sqft

Source: Dubai Land Department. Updated 22 November 2022.

Key facts

Type
3-bed apartment
Size
2,034 sqft
Floor
12th of 26
Parking
B3-27, B3-28
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 31,800 /yr
Last sold
AED 2.03M · November 2022

About A126, The Waves Tower A

A126 is a three-bedroom apartment of 2,034 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 22 November 2022 for AED 2,030,000, or AED 998 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 120,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 31,800 a year.

Sales and rents for A126 over time

Sales
Unit A126, 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, July 2011: AED 1,275,000 (AED 626 per sqft)Sold, November 2022: AED 2,030,000 (AED 998 per sqft)

A126 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit A126, 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, November 2019: AED 125,000 a yearRenewal, November 2020: AED 120,000 a yearRenewal, November 2021: AED 120,000 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 A126 sits

All 32 3-beds →

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. A126's AED 120,000 is at the bottom 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 12th floor

All 161 units in The Waves Tower A
Value
A1211-bedAED 685K · Apr 2021
A1221-bedAED 562K · May 2010
A1231-bedAED 1.48M · Aug 2024
A1241-bedAED 1.13M · Dec 2023
A1251-bedAED 1.75M · Sep 2008
A1272-bedAED 1.3M · Jan 2022
A1282-bedAED 1.51M · Jun 2024

A126, The Waves Tower A in numbers

  • Sold twice: first on 23 July 2011 for AED 1,275,000, last on 22 November 2022 for AED 2,030,000 (AED 998 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 125,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 31,800 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 22 November 2022.

Questions about A126, The Waves Tower A

What did unit A126 last sell for?

AED 2,030,000 on 22 November 2022: AED 998 per sqft for 2,034 sqft. The unit has 2 registered sales; the first was AED 1,275,000 in July 2011.

What is the rent for unit A126?

AED 120,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 120,000; the unit has been rented since November 2019.

How big is unit A126?

2,034 sqft (189.0 sqm): a three-bedroom apartment on the 12th floor of a 26-storey tower completed in 2007.

What is unit A126 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 A126, The Waves Tower A

Starts from the last sale price (AED 2.03M, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,030,000
Deposit, UAE resident (20%)
AED 406,000
Deposit, non-resident (40%)
AED 812,000
Monthly over 25 years at 3.7%
AED 8,305

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