A245, The Waves Tower A
Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A245, The Waves Tower A
What is A245 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,370 sqft
- Floor
- 24th of 26
- Parking
- B3-08
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.55M · September 2023
- Building
- The Waves Tower A
About A245, The Waves Tower A
A245 is a two-bedroom apartment of 1,370 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 19 September 2023 for AED 1,550,000, or AED 1,131 per sqft, 8% below the AED 1,231 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 15 Ejari contracts. The current contract, signed on 1 June 2026, is AED 120,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 21,400 a year.
Sales and rents for A245 over time
A245 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 A245 sits
All 54 2-beds →A245 last sold in September 2023 at AED 1,131 per sqft, 8% below what two-beds in The Waves Tower A were fetching at the time (AED 1,231). 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. A245's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,314 sqft | 2,075,000 | 1,579 | ||
| 23 Sep 202623 September 2026 | 1,370 sqft | 1,900,000 | 1,386 | ||
| 4 Aug 20264 August 2026 | 1,211 sqft | 1,700,000 | 1,403 | ||
| 13 Feb 202613 February 2026 | 1,369 sqft | 2,325,000 | 1,698 |
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 24th floor
All 161 units in The Waves Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A241 | 2-bed | 1,636 sqft | AED 1.6MAED 1,600,000 · Dec 2012December 2012 | 180,000 /yr | |
| A242 | 2-bed | 1,314 sqft | AED 988KAED 987,500 · Dec 2015December 2015 | 160,000 /yr | |
| A243 | 3-bed | 1,844 sqft | AED 2.5MAED 2,500,000 · Apr 2013April 2013 | 125,000 /yr | |
| A244 | 3-bed | 1,982 sqft | AED 2.6MAED 2,600,000 · Mar 2023March 2023 | 190,000 /yr | |
| A246 | 2-bed | 1,218 sqft | AED 1.85MAED 1,845,000 · Feb 2026February 2026 | 68,000 /yr |
A245, The Waves Tower A in numbers
- Sold 3 times: first on 11 May 2009 for AED 909,000, last on 19 September 2023 for AED 1,550,000 (AED 1,131 per sqft).
- Rented since October 2016 on 15 Ejari contracts. The rent fell from AED 146,600 to AED 73,000 in 2021 and recovered to AED 120,000 by June 2026.
- At AED 120,000 a year the gross yield on the 2023 price is 7.7%, 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 1 June 2026.
Questions about A245, The Waves Tower A
What did unit A245 last sell for?
AED 1,550,000 on 19 September 2023: AED 1,131 per sqft for 1,370 sqft. The unit has 3 registered sales; the first was AED 909,000 in May 2009.
What is the rent for unit A245?
AED 120,000 a year on the contract signed on 1 June 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since October 2016.
How big is unit A245?
1,370 sqft (127.3 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2007.
What is unit A245 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 A245, The Waves Tower A
Starts from the last sale price (AED 1.55M, 19 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →