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2-bed · 1,370 sqftThe Waves Tower A, Dubai Marina · 23rd floor · completed 2007

A235, The Waves Tower A

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A235 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 1.3M14 September 2022
Current rentAED 90K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A235, The Waves Tower A

What is A235 worth today?

Last sold for AED 1,300,000 in 2022

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14 Sep 2022SoldReady
AED 1,300,000AED 948 per sqft
1 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
1 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 69 per sqft
1 Jun 2017RentedRenewal
AED 112,000/yr12 months · AED 82 per sqft
1 Jun 2016RentedRenewal
AED 125,000/yr12 months · AED 91 per sqft
1 Jun 2015RentedNew contract
AED 124,200/yr12 months · AED 91 per sqft
5 Jan 2011Sold by developerReady
AED 3,357,000AED 2,450 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
2-bed apartment
Size
1,370 sqft
Floor
23rd of 26
Parking
BG-279
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 21,400 /yr
Last sold
AED 1.3M · September 2022
Building
The Waves Tower A

About A235, The Waves Tower A

A235 is a two-bedroom apartment of 1,370 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 14 September 2022 for AED 1,300,000, or AED 948 per sqft, in line with the AED 948 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 October 2019, is AED 90,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 21,400 a year.

Sales and rents for A235 over time

Sales
Unit A235, each saleTypical two-bed in The Waves Tower A
2M2008201320182023Typical 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, January 2011: AED 3,357,000 (AED 2,450 per sqft)Sold, September 2022: AED 1,300,000 (AED 948 per sqft)

A235 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A235, 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 127,500New contract, June 2015: AED 124,200 a yearRenewal, June 2016: AED 125,000 a yearRenewal, June 2017: AED 112,000 a yearNew contract, August 2018: AED 95,000 a yearNew contract, October 2019: AED 90,000 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 A235 sits

All 54 2-beds →

A235 last sold in September 2022 at AED 948 per sqft, in line with what two-beds in The Waves Tower A were fetching at the time (AED 948). 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. A235's AED 90,000 is at the bottom 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 23rd floor

All 161 units in The Waves Tower A
Value
A2312-bedAED 1.56M · Nov 2022
A2322-bedAED 929K · Jul 2009
A2333-bedAED 1.17M · Apr 2013
A2343-bedAED 3.4M · Jul 2026
A2362-bedAED 1.35M · Jan 2013

A235, The Waves Tower A in numbers

  • Sold twice: first on 5 January 2011 for AED 3,357,000, last on 14 September 2022 for AED 1,300,000 (AED 948 per sqft).
  • Rented since June 2015 on 5 Ejari contracts, from AED 124,200 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 21,400 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 14 September 2022.

Questions about A235, The Waves Tower A

What did unit A235 last sell for?

AED 1,300,000 on 14 September 2022: AED 948 per sqft for 1,370 sqft. The unit has 2 registered sales; the first was AED 3,357,000 in January 2011.

What is the rent for unit A235?

AED 90,000 a year on the contract signed on 1 October 2019. The previous contract, from August 2018, was AED 95,000; the unit has been rented since June 2015.

How big is unit A235?

1,370 sqft (127.3 sqm): a two-bedroom apartment on the 23rd floor of a 26-storey tower completed in 2007.

What is unit A235 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 A235, The Waves Tower A

Starts from the last sale price (AED 1.3M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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