2-bed · 1,211 sqftThe Waves Tower A, Dubai Marina · 12th floor · completed 2007

A128, The Waves Tower A

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A128 · DLD and Ejari recordsUpdated 7 September 2025
Last soldAED 1.51M28 June 2024
Current rentAED 150K /yr7 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A128, The Waves Tower A

What is A128 worth today?

Last sold for AED 1,510,000 in 2024

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7 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 124 per sqft
28 Dec 2024RentedNew contract
AED 160,000/yr12 months · AED 132 per sqft
28 Dec 2024RentedNew contract
AED 160,000/yr12 months · AED 132 per sqft
28 Jun 2024SoldReady
AED 1,510,000AED 1,246 per sqft
21 Feb 2024SoldReady
AED 1,500,000AED 1,238 per sqft
1 Feb 2023RentedRenewal
AED 66,000/yr12 months · AED 54 per sqft
1 Feb 2022RentedRenewal
AED 60,000/yr12 months · AED 49 per sqft
1 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 7 September 2025.

Key facts

Type
2-bed apartment
Size
1,211 sqft
Floor
12th of 26
Parking
B3-88
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 18,900 /yr
Last sold
AED 1.51M · June 2024

About A128, The Waves Tower A

A128 is a two-bedroom apartment of 1,211 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 28 June 2024 for AED 1,510,000, or AED 1,246 per sqft, in line with the AED 1,222 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 7 September 2025, is AED 150,000 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for A128 over time

Sales
Unit A128, each saleTypical two-bed in The Waves Tower A
1M2M2008201320182023Typical sale price by year: 2008 AED 909,500; 2009 AED 897,000; 2010 AED 900,000; 2011 AED 844,000; 2012 AED 899,000; 2013 AED 1,310,000; 2014 AED 1,762,500; 2015 AED 911,250; 2017 AED 1,510,000; 2019 AED 1,100,000; 2021 AED 1,055,000; 2022 AED 1,387,500; 2023 AED 1,525,000; 2024 AED 1,855,000; 2025 AED 1,690,000; 2026 AED 1,900,000Sold by developer, October 2009: AED 788,000 (AED 650 per sqft)Sold, February 2024: AED 1,500,000 (AED 1,238 per sqft)Sold, June 2024: AED 1,510,000 (AED 1,246 per sqft)

A128 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A128, each contractTypical two-bed in The Waves Tower A
50K100K150K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 115,000; 2014 AED 130,898; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 102,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 78,500; 2022 AED 91,500; 2023 AED 105,063; 2024 AED 120,952; 2025 AED 120,000; 2026 AED 127,500New contract, December 2012: AED 80,000 a yearNew contract, January 2016: AED 120,000 a yearNew contract, July 2019: AED 85,000 a yearNew contract, February 2021: AED 55,000 a yearRenewal, February 2022: AED 60,000 a yearRenewal, February 2023: AED 66,000 a yearNew contract, December 2024: AED 160,000 a yearNew contract, December 2024: AED 160,000 a yearNew contract, September 2025: AED 150,000 a year

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 A128 sits

All 54 2-beds →

A128 last sold in June 2024 at AED 1,246 per sqft, in line with what two-beds in The Waves Tower A were fetching at the time (AED 1,222). 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. A128's AED 150,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,075,000
23 Sep 20261,900,000
4 Aug 20261,700,000
13 Feb 20262,325,000
5 2-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
A1263-bedAED 2.03M · Nov 2022
A1272-bedAED 1.3M · Jan 2022

A128, The Waves Tower A in numbers

  • Sold 3 times: first on 26 October 2009 for AED 788,000, last on 28 June 2024 for AED 1,510,000 (AED 1,246 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 150,000 by September 2025.
  • At AED 150,000 a year the gross yield on the 2024 price is 9.9%, 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 7 September 2025.

Questions about A128, The Waves Tower A

What did unit A128 last sell for?

AED 1,510,000 on 28 June 2024: AED 1,246 per sqft for 1,211 sqft. The unit has 3 registered sales; the first was AED 788,000 in October 2009.

What is the rent for unit A128?

AED 150,000 a year on the contract signed on 7 September 2025. The previous contract, from December 2024, was AED 160,000; the unit has been rented since December 2012.

How big is unit A128?

1,211 sqft (112.5 sqm): a two-bedroom apartment on the 12th floor of a 26-storey tower completed in 2007.

What is unit A128 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 A128, The Waves Tower A

Starts from the last sale price (AED 1.51M, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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