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2-bed · 1,218 sqftThe Waves Tower A, Dubai Marina · 24th floor · completed 2007

A246, The Waves Tower A

Sold prices and rental history: sold twice, last in February 2026, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A246 · DLD and Ejari recordsUpdated 4 February 2026
Last soldAED 1.85M4 February 2026
Current rentAED 68K /yr20 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A246, The Waves Tower A

What is A246 worth today?

Last sold for AED 1,845,000 in 2026

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4 Feb 2026SoldReady
AED 1,845,000AED 1,514 per sqft
20 Dec 2020RentedNew contract
AED 68,000/yr12 months · AED 56 per sqft
22 Sep 2019RentedRenewal
AED 88,000/yr12 months · AED 72 per sqft
21 Sep 2018RentedNew contract
AED 87,756/yr12 months · AED 72 per sqft
30 Jul 2009Sold by developerReady
AED 844,000AED 692 per sqft

Source: Dubai Land Department. Updated 4 February 2026.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
24th of 26
Parking
B3-07, BG-274, BG-283
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 19,000 /yr
Last sold
AED 1.85M · February 2026
Building
The Waves Tower A

About A246, The Waves Tower A

A246 is a two-bedroom apartment of 1,218 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 4 February 2026 for AED 1,845,000, or AED 1,514 per sqft, 9% above the AED 1,391 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 20 December 2020, is AED 68,000 a year: a gross yield of 3.7% on the 2026 price, before the service charge of about AED 19,000 a year.

Sales and rents for A246 over time

Sales
Unit A246, 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, July 2009: AED 844,000 (AED 692 per sqft)Sold, February 2026: AED 1,845,000 (AED 1,514 per sqft)

A246 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A246, each contractTypical two-bed in The Waves Tower A
100K2012201620202024Typical 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, September 2018: AED 87,756 a yearRenewal, September 2019: AED 88,000 a yearNew contract, December 2020: AED 68,000 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 A246 sits

All 54 2-beds →

A246 last sold in February 2026 at AED 1,514 per sqft, 9% above what two-beds in The Waves Tower A were fetching at the time (AED 1,391). 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. A246's AED 68,000 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 24th floor

All 161 units in The Waves Tower A
Value
A2412-bedAED 1.6M · Dec 2012
A2422-bedAED 988K · Dec 2015
A2433-bedAED 2.5M · Apr 2013
A2443-bedAED 2.6M · Mar 2023
A2452-bedAED 1.55M · Sep 2023

A246, The Waves Tower A in numbers

  • Sold twice: first on 30 July 2009 for AED 844,000, last on 4 February 2026 for AED 1,845,000 (AED 1,514 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 87,756 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2026 price is 3.7%, before a service charge of about AED 19,000 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 4 February 2026.

Questions about A246, The Waves Tower A

What did unit A246 last sell for?

AED 1,845,000 on 4 February 2026: AED 1,514 per sqft for 1,218 sqft. The unit has 2 registered sales; the first was AED 844,000 in July 2009.

What is the rent for unit A246?

AED 68,000 a year on the contract signed on 20 December 2020. The previous contract, from September 2019, was AED 88,000; the unit has been rented since September 2018.

How big is unit A246?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 24th floor of a 26-storey tower completed in 2007.

What is unit A246 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 A246, The Waves Tower A

Starts from the last sale price (AED 1.85M, 4 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,845,000
Deposit, UAE resident (20%)
AED 369,000
Deposit, non-resident (40%)
AED 738,000
Monthly over 25 years at 3.7%
AED 7,548

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