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3-bed · 1,844 sqftThe Waves Tower A, Dubai Marina · 24th floor · completed 2007

A243, The Waves Tower A

Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A243 · DLD and Ejari recordsUpdated 15 August 2021
Last soldAED 2.5M24 April 2013
Current rentAED 125K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A243, The Waves Tower A

What is A243 worth today?

Last sold for AED 2,500,000 in 2013

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15 Aug 2021RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
1 Jul 2020RentedNew contract
AED 138,000/yr12 months · AED 75 per sqft
1 May 2019RentedNew contract
AED 165,000/yr12 months · AED 90 per sqft
1 May 2018RentedNew contract
AED 165,000/yr12 months · AED 89 per sqft
9 Apr 2014RentedNew contract
AED 95,734/yr12 months · AED 52 per sqft
24 Apr 2013SoldReady
AED 2,500,000AED 1,355 per sqft
24 Jun 2009Sold by developerReady
AED 1,239,000AED 671 per sqft

Source: Dubai Land Department. Updated 15 August 2021.

Key facts

Type
3-bed apartment
Size
1,844 sqft
Floor
24th of 26
Parking
B3-10
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 28,800 /yr
Last sold
AED 2.5M · April 2013
Building
The Waves Tower A

About A243, The Waves Tower A

A243 is a three-bedroom apartment of 1,844 sqft on the 24th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 24 April 2013 for AED 2,500,000, or AED 1,355 per sqft, 55% above the AED 875 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 15 August 2021, is AED 125,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 28,800 a year.

Sales and rents for A243 over time

Sales
Unit A243, 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, June 2009: AED 1,239,000 (AED 671 per sqft)Sold, April 2013: AED 2,500,000 (AED 1,355 per sqft)

A243 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit A243, 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, April 2014: AED 95,734 a yearNew contract, May 2018: AED 165,000 a yearNew contract, May 2019: AED 165,000 a yearNew contract, July 2020: AED 138,000 a yearNew contract, August 2021: AED 125,000 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 A243 sits

All 32 3-beds →

A243 last sold in April 2013 at AED 1,355 per sqft, 55% above what three-beds in The Waves Tower A were fetching at the time (AED 875). 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. A243's AED 125,000 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 24th floor

All 161 units in The Waves Tower A
Value
A2412-bedAED 1.6M · Dec 2012
A2422-bedAED 988K · Dec 2015
A2443-bedAED 2.6M · Mar 2023
A2452-bedAED 1.55M · Sep 2023
A2462-bedAED 1.85M · Feb 2026

A243, The Waves Tower A in numbers

  • Sold twice: first on 24 June 2009 for AED 1,239,000, last on 24 April 2013 for AED 2,500,000 (AED 1,355 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 95,734 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 28,800 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 15 August 2021.

Questions about A243, The Waves Tower A

What did unit A243 last sell for?

AED 2,500,000 on 24 April 2013: AED 1,355 per sqft for 1,844 sqft. The unit has 2 registered sales; the first was AED 1,239,000 in June 2009.

What is the rent for unit A243?

AED 125,000 a year on the contract signed on 15 August 2021. The previous contract, from July 2020, was AED 138,000; the unit has been rented since April 2014.

How big is unit A243?

1,844 sqft (171.3 sqm): a three-bedroom apartment on the 24th floor of a 26-storey tower completed in 2007.

What is unit A243 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 A243, The Waves Tower A

Starts from the last sale price (AED 2.5M, 24 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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