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2-bed · 1,636 sqftThe Waves Tower A, Dubai Marina · 22nd floor · completed 2007

A221, The Waves Tower A

Sold prices and rental history: sold 4 times, last in September 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A221 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 2.06M19 September 2024
Current rentAED 140K /yr14 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A221, The Waves Tower A

What is A221 worth today?

Last sold for AED 2,060,000 in 2024

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19 Sep 2024SoldReady
AED 2,060,000AED 1,259 per sqft
14 Mar 2023RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
7 Aug 2019SoldReady
AED 1,350,000AED 825 per sqft
9 Jan 2019SoldReady
AED 1,200,000AED 733 per sqft
1 Jul 2009Sold by developerReady
AED 1,044,000AED 638 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
1,636 sqft
Floor
22nd of 26
Parking
B3-19
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 25,500 /yr
Last sold
AED 2.06M · September 2024
Building
The Waves Tower A

About A221, The Waves Tower A

A221 is a two-bedroom apartment of 1,636 sqft on the 22nd floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 19 September 2024 for AED 2,060,000, or AED 1,259 per sqft, in line with the AED 1,238 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 March 2023. The current contract, signed on 14 March 2023, is AED 140,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 25,500 a year.

Sales and rents for A221 over time

Sales
Unit A221, 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, July 2009: AED 1,044,000 (AED 638 per sqft)Sold, January 2019: AED 1,200,000 (AED 733 per sqft)Sold, August 2019: AED 1,350,000 (AED 825 per sqft)Sold, September 2024: AED 2,060,000 (AED 1,259 per sqft)

A221 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A221, each contractTypical two-bed in The Waves Tower A
100K150K2012201620202024Typical 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, March 2023: AED 140,000 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 A221 sits

All 54 2-beds →

A221 last sold in September 2024 at AED 1,259 per sqft, in line with what two-beds in The Waves Tower A were fetching at the time (AED 1,238). 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. A221's AED 140,000 is in the upper half 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 22nd floor

All 161 units in The Waves Tower A
Value
A2222-bedAED 900K · Oct 2020
A2233-bedAED 1.22M · Nov 2020
A2243-bedAED 2.8M · Aug 2024
A2252-bedAED 1.71M · May 2024
A2262-bedAED 585K · Jul 2021

A221, The Waves Tower A in numbers

  • Sold 4 times: first on 1 July 2009 for AED 1,044,000, last on 19 September 2024 for AED 2,060,000 (AED 1,259 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 25,500 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 19 September 2024.

Questions about A221, The Waves Tower A

What did unit A221 last sell for?

AED 2,060,000 on 19 September 2024: AED 1,259 per sqft for 1,636 sqft. The unit has 4 registered sales; the first was AED 1,044,000 in July 2009.

What is the rent for unit A221?

AED 140,000 a year on the contract signed on 14 March 2023.

How big is unit A221?

1,636 sqft (152.0 sqm): a two-bedroom apartment on the 22nd floor of a 26-storey tower completed in 2007.

What is unit A221 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 A221, The Waves Tower A

Starts from the last sale price (AED 2.06M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

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