A127, The Waves Tower A
Sold prices and rental history: sold 3 times, last in January 2022, 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 A127, The Waves Tower A
What is A127 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,369 sqft
- Floor
- 12th of 26
- Parking
- B3-89
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.3M · January 2022
- Building
- The Waves Tower A
About A127, The Waves Tower A
A127 is a two-bedroom apartment of 1,369 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 7 January 2022 for AED 1,300,000, or AED 949 per sqft, 8% above the AED 876 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 117,810 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 21,400 a year.
Sales and rents for A127 over time
A127 has sold 3 times; 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 A127 sits
All 54 2-beds →A127 last sold in January 2022 at AED 949 per sqft, 8% above what two-beds in The Waves Tower A were fetching at the time (AED 876). 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. A127's AED 117,810 is in the lower 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 12th floor
All 161 units in The Waves Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A121 | 1-bed | 1,030 sqft | AED 685KAED 685,100 · Apr 2021April 2021 | 85,500 /yr | |
| A122 | 1-bed | 912 sqft | AED 562KAED 562,000 · May 2010May 2010 | 78,200 /yr | |
| A123 | 1-bed | 911 sqft | AED 1.48MAED 1,480,000 · Aug 2024August 2024 | 80,000 /yr | |
| A124 | 1-bed | 918 sqft | AED 1.13MAED 1,125,000 · Dec 2023December 2023 | 60,000 /yr | |
| A125 | 1-bed | 913 sqft | AED 1.75MAED 1,750,000 · Sep 2008September 2008 | 50,000 /yr | |
| A126 | 3-bed | 2,034 sqft | AED 2.03MAED 2,030,000 · Nov 2022November 2022 | 120,000 /yr | |
| A128 | 2-bed | 1,211 sqft | AED 1.51MAED 1,510,000 · Jun 2024June 2024 | 150,000 /yr |
A127, The Waves Tower A in numbers
- Sold 3 times: first on 24 April 2012 for AED 840,000, last on 7 January 2022 for AED 1,300,000 (AED 949 per sqft).
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 127,500 to AED 85,000 in 2021 and recovered to AED 117,810 by April 2024.
- At AED 117,810 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 21,400 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 1 April 2024.
Questions about A127, The Waves Tower A
What did unit A127 last sell for?
AED 1,300,000 on 7 January 2022: AED 949 per sqft for 1,369 sqft. The unit has 3 registered sales; the first was AED 840,000 in April 2012.
What is the rent for unit A127?
AED 117,810 a year on the contract renewed on 1 April 2024. The previous contract, from April 2024, was AED 117,810; the unit has been rented since July 2013.
How big is unit A127?
1,369 sqft (127.2 sqm): a two-bedroom apartment on the 12th floor of a 26-storey tower completed in 2007.
What is unit A127 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 A127, The Waves Tower A
Starts from the last sale price (AED 1.3M, 7 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →