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2-bed · 1,636 sqftThe Waves Tower A, Dubai Marina · 23rd floor · completed 2007

A231, The Waves Tower A

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A231 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 1.56M28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A231, The Waves Tower A

What is A231 worth today?

Last sold for AED 1,558,900 in 2022

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28 Nov 2022SoldReady
AED 1,558,900AED 952 per sqft
20 Apr 2016Sold by developerReady
AED 1,054,000AED 644 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
2-bed apartment
Size
1,636 sqft
Floor
23rd of 26
Parking
B3-15
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 25,500 /yr
Last sold
AED 1.56M · November 2022
Building
The Waves Tower A

About A231, The Waves Tower A

A231 is a two-bedroom apartment of 1,636 sqft on the 23rd 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 November 2022 for AED 1,558,900, or AED 952 per sqft, in line with the AED 951 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A231 over time

Sales
Unit A231, each saleTypical two-bed in The Waves Tower A
1M1.5M2M2008201320182023Typical 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, April 2016: AED 1,054,000 (AED 644 per sqft)Sold, November 2022: AED 1,558,900 (AED 952 per sqft)

A231 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A231, each contractTypical two-bed in The Waves Tower A
75K100K125K2012201620202024Typical 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 127,500

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 A231 sits

All 54 2-beds →

A231 last sold in November 2022 at AED 952 per sqft, in line with what two-beds in The Waves Tower A were fetching at the time (AED 951). 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.

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 23rd floor

All 161 units in The Waves Tower A
Value
A2322-bedAED 929K · Jul 2009
A2333-bedAED 1.17M · Apr 2013
A2343-bedAED 3.4M · Jul 2026
A2352-bedAED 1.3M · Sep 2022
A2362-bedAED 1.35M · Jan 2013

A231, The Waves Tower A in numbers

  • Sold twice: first on 20 April 2016 for AED 1,054,000, last on 28 November 2022 for AED 1,558,900 (AED 952 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 28 November 2022.

Questions about A231, The Waves Tower A

What did unit A231 last sell for?

AED 1,558,900 on 28 November 2022: AED 952 per sqft for 1,636 sqft. The unit has 2 registered sales; the first was AED 1,054,000 in April 2016.

How big is unit A231?

1,636 sqft (152.0 sqm): a two-bedroom apartment on the 23rd floor of a 26-storey tower completed in 2007.

What is unit A231 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 A231, The Waves Tower A

Starts from the last sale price (AED 1.56M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,558,900
Deposit, UAE resident (20%)
AED 311,780
Deposit, non-resident (40%)
AED 623,560
Monthly over 25 years at 3.7%
AED 6,378

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