3-bed · 2,034 sqftThe Waves Tower A, Dubai Marina · 16th floor · completed 2007

A166, The Waves Tower A

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A166 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 2.46M11 March 2024
Current rentAED 120K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A166, The Waves Tower A

What is A166 worth today?

Last sold for AED 2,455,000 in 2024

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11 Mar 2024SoldReady
AED 2,455,000AED 1,207 per sqft
10 Sep 2021RentedNew contract
AED 120,000/yr12 months · AED 59 per sqft
20 Apr 2019RentedNew contract
AED 160,000/yr12 months · AED 79 per sqft
11 Oct 2016SoldReady
AED 2,075,000AED 1,020 per sqft
20 Apr 2016RentedRenewal
AED 185,000/yr12 months · AED 91 per sqft
20 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
24 Feb 2014Sold by developerReady
AED 1,200,000AED 589 per sqft
17 Jan 2014RentedNew contract
AED 145,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
3-bed apartment
Size
2,034 sqft
Floor
16th of 26
Parking
B3-64
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 31,800 /yr
Last sold
AED 2.46M · March 2024

About A166, The Waves Tower A

A166 is a three-bedroom apartment of 2,034 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 11 March 2024 for AED 2,455,000, or AED 1,207 per sqft, in line with the AED 1,207 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 10 September 2021, is AED 120,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 31,800 a year.

Sales and rents for A166 over time

Sales
Unit A166, 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, February 2014: AED 1,200,000 (AED 589 per sqft)Sold, October 2016: AED 2,075,000 (AED 1,020 per sqft)Sold, March 2024: AED 2,455,000 (AED 1,207 per sqft)

A166 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit A166, 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, January 2014: AED 145,000 a yearNew contract, April 2015: AED 180,000 a yearRenewal, April 2016: AED 185,000 a yearNew contract, April 2019: AED 160,000 a yearNew contract, September 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 A166 sits

All 32 3-beds →

A166 last sold in March 2024 at AED 1,207 per sqft, in line with what three-beds in The Waves Tower A were fetching at the time (AED 1,207). 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. A166'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 16th floor

All 161 units in The Waves Tower A
Value
A1611-bedAED 1.53M · Jan 2026
A1621-bedAED 1.18M · Oct 2023
A1631-bedAED 1.55M · Mar 2026
A1641-bedAED 770K · Jan 2020
A1651-bedAED 1.28M · Jan 2014
A1672-bedAED 1.15M · Feb 2022
A1682-bedAED 1.68M · Sep 2025

A166, The Waves Tower A in numbers

  • Sold 3 times: first on 24 February 2014 for AED 1,200,000, last on 11 March 2024 for AED 2,455,000 (AED 1,207 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 145,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.9%, 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 11 March 2024.

Questions about A166, The Waves Tower A

What did unit A166 last sell for?

AED 2,455,000 on 11 March 2024: AED 1,207 per sqft for 2,034 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in February 2014.

What is the rent for unit A166?

AED 120,000 a year on the contract signed on 10 September 2021. The previous contract, from April 2019, was AED 160,000; the unit has been rented since January 2014.

How big is unit A166?

2,034 sqft (189.0 sqm): a three-bedroom apartment on the 16th floor of a 26-storey tower completed in 2007.

What is unit A166 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 A166, The Waves Tower A

Starts from the last sale price (AED 2.46M, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,455,000
Deposit, UAE resident (20%)
AED 491,000
Deposit, non-resident (40%)
AED 982,000
Monthly over 25 years at 3.7%
AED 10,044

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