A224, The Waves Tower A
Sold prices and rental history: sold 3 times, last in August 2024, 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 A224, The Waves Tower A
What is A224 worth today?
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Source: Dubai Land Department. Updated 21 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,982 sqft
- Floor
- 22nd of 26
- Parking
- B1-219, B1-253
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.8M · August 2024
- Building
- The Waves Tower A
About A224, The Waves Tower A
A224 is a three-bedroom apartment of 1,982 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 21 August 2024 for AED 2,800,000, or AED 1,412 per sqft, 17% above the AED 1,207 three-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 15 February 2024, is AED 185,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 30,900 a year.
Sales and rents for A224 over time
A224 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 A224 sits
All 32 3-beds →A224 last sold in August 2024 at AED 1,412 per sqft, 17% above 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. A224's AED 185,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 1,982 sqft | 3,400,000 | 1,715 | ||
| 18 Dec 202518 December 2025 | 2,034 sqft | 2,900,000 | 1,425 | ||
| 28 Nov 202528 November 2025 | 1,844 sqft | 3,000,000 | 1,626 | ||
| 20 Nov 202520 November 2025 | 3,594 sqft | 3,900,000 | 1,085 |
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 22nd floor
All 161 units in The Waves Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A221 | 2-bed | 1,636 sqft | AED 2.06MAED 2,060,000 · Sep 2024September 2024 | 140,000 /yr | |
| A222 | 2-bed | 1,314 sqft | AED 900KAED 900,000 · Oct 2020October 2020 | 120,000 /yr | |
| A223 | 3-bed | 1,844 sqft | AED 1.22MAED 1,220,000 · Nov 2020November 2020 | 173,250 /yr | |
| A225 | 2-bed | 1,370 sqft | AED 1.71MAED 1,710,000 · May 2024May 2024 | ||
| A226 | 2-bed | 1,218 sqft | AED 585KAED 585,000 · Jul 2021July 2021 | 130,000 /yr |
A224, The Waves Tower A in numbers
- Sold 3 times: first on 28 December 2009 for AED 1,304,000, last on 21 August 2024 for AED 2,800,000 (AED 1,412 per sqft).
- Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 172,700 to AED 115,000 in 2021 and recovered to AED 185,000 by February 2024.
- At AED 185,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 30,900 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 21 August 2024.
Questions about A224, The Waves Tower A
What did unit A224 last sell for?
AED 2,800,000 on 21 August 2024: AED 1,412 per sqft for 1,982 sqft. The unit has 3 registered sales; the first was AED 1,304,000 in December 2009.
What is the rent for unit A224?
AED 185,000 a year on the contract renewed on 15 February 2024. The previous contract, from February 2024, was AED 185,000; the unit has been rented since August 2013.
How big is unit A224?
1,982 sqft (184.1 sqm): a three-bedroom apartment on the 22nd floor of a 26-storey tower completed in 2007.
What is unit A224 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 A224, The Waves Tower A
Starts from the last sale price (AED 2.8M, 21 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →