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1-bed · 912 sqftThe Waves Tower A, Dubai Marina · 16th floor · completed 2007

A162, The Waves Tower A

Sold prices and rental history: sold 4 times, last in October 2023, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A162 · DLD and Ejari recordsUpdated 16 October 2023
Last soldAED 1.18M16 October 2023
Current rentAED 85K /yr25 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A162, The Waves Tower A

What is A162 worth today?

Last sold for AED 1,175,000 in 2023

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16 Oct 2023SoldReady
AED 1,175,000AED 1,288 per sqft
23 Dec 2014SoldReady
AED 1,500,000AED 1,644 per sqft
26 Feb 2014SoldReady
AED 1,300,000AED 1,425 per sqft
25 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
11 Mar 2013Sold by developerReady
AED 595,000AED 652 per sqft

Source: Dubai Land Department. Updated 16 October 2023.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
16th of 26
Parking
B3-68
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 14,200 /yr
Last sold
AED 1.18M · October 2023
Building
The Waves Tower A

About A162, The Waves Tower A

A162 is a one-bedroom apartment of 912 sqft on the 16th 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 October 2023 for AED 1,175,000, or AED 1,288 per sqft, 7% above the AED 1,199 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2013. The current contract, signed on 25 July 2013, is AED 85,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for A162 over time

Sales
Unit A162, 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, March 2013: AED 595,000 (AED 652 per sqft)Sold, February 2014: AED 1,300,000 (AED 1,425 per sqft)Sold, December 2014: AED 1,500,000 (AED 1,644 per sqft)Sold, October 2023: AED 1,175,000 (AED 1,288 per sqft)

A162 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A162, each contractTypical one-bed in The Waves Tower A
60K80K100K2012201620202024Typical 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, July 2013: AED 85,000 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 A162 sits

All 75 1-beds →

A162 last sold in October 2023 at AED 1,288 per sqft, 7% above what one-beds in The Waves Tower A were fetching at the time (AED 1,199). 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. A162's AED 85,000 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 16th floor

All 161 units in The Waves Tower A
Value
A1611-bedAED 1.53M · Jan 2026
A1631-bedAED 1.55M · Mar 2026
A1641-bedAED 770K · Jan 2020
A1651-bedAED 1.28M · Jan 2014
A1663-bedAED 2.46M · Mar 2024
A1672-bedAED 1.15M · Feb 2022
A1682-bedAED 1.68M · Sep 2025

A162, The Waves Tower A in numbers

  • Sold 4 times: first on 11 March 2013 for AED 595,000, last on 16 October 2023 for AED 1,175,000 (AED 1,288 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.2%, 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 16 October 2023.

Questions about A162, The Waves Tower A

What did unit A162 last sell for?

AED 1,175,000 on 16 October 2023: AED 1,288 per sqft for 912 sqft. The unit has 4 registered sales; the first was AED 595,000 in March 2013.

What is the rent for unit A162?

AED 85,000 a year on the contract signed on 25 July 2013.

How big is unit A162?

912 sqft (84.7 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2007.

What is unit A162 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 A162, The Waves Tower A

Starts from the last sale price (AED 1.18M, 16 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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