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3-bed · 3,810 sqftThe Waves Tower A, Dubai Marina · 26th floor · completed 2007

A261, The Waves Tower A

Sold prices and rental history: sold 5 times, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A261 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 4.33M18 July 2024
Current rentAED 170K /yr22 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A261, The Waves Tower A

What is A261 worth today?

Last sold for AED 4,325,000 in 2024

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18 Jul 2024SoldReady
AED 4,325,000AED 1,135 per sqft
11 Oct 2021SoldReady
AED 3,585,000AED 940 per sqft
20 Sep 2020SoldReady
AED 2,150,000AED 564 per sqft
22 Feb 2020RentedNew contract
AED 170,000/yr12 months · AED 45 per sqft
10 Nov 2018RentedNew contract
AED 160,000/yr12 months · AED 42 per sqft
2 Oct 2012SoldReady
AED 2,950,000AED 774 per sqft
2 May 2010Sold by developerReady
AED 3,222,000AED 873 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
3-bed apartment
Size
3,810 sqft
Floor
26th of 26
Parking
B1-224
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 59,500 /yr
Last sold
AED 4.33M · July 2024
Building
The Waves Tower A

About A261, The Waves Tower A

A261 is a three-bedroom apartment of 3,810 sqft on the 26th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 18 July 2024 for AED 4,325,000, or AED 1,135 per sqft, 5% below the AED 1,200 three-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 22 February 2020, is AED 170,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 59,500 a year.

Sales and rents for A261 over time

Sales
Unit A261, each saleTypical three-bed in The Waves Tower A
2M4M2008201320182023Typical 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, May 2010: AED 3,222,000 (AED 873 per sqft)Sold, October 2012: AED 2,950,000 (AED 774 per sqft)Sold, September 2020: AED 2,150,000 (AED 564 per sqft)Sold, October 2021: AED 3,585,000 (AED 940 per sqft)Sold, July 2024: AED 4,325,000 (AED 1,135 per sqft)

A261 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit A261, 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, November 2018: AED 160,000 a yearNew contract, February 2020: AED 170,000 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 A261 sits

All 32 3-beds →

A261 last sold in July 2024 at AED 1,135 per sqft, 5% below what three-beds in The Waves Tower A were fetching at the time (AED 1,200). 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. A261's AED 170,000 is in the lower half 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 26th floor

All 161 units in The Waves Tower A
Value
A2623-bedAED 3.9M · Nov 2025
A2633-bedAED 2.6M · Oct 2019
A2643-bedAED 2.81M · Apr 2010
A2653-bedAED 2.7M · Dec 2018
A2663-bedAED 1.6M · Dec 2012

A261, The Waves Tower A in numbers

  • Sold 5 times: first on 2 May 2010 for AED 3,222,000, last on 18 July 2024 for AED 4,325,000 (AED 1,135 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 160,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 59,500 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 18 July 2024.

Questions about A261, The Waves Tower A

What did unit A261 last sell for?

AED 4,325,000 on 18 July 2024: AED 1,135 per sqft for 3,810 sqft. The unit has 5 registered sales; the first was AED 3,222,000 in May 2010.

What is the rent for unit A261?

AED 170,000 a year on the contract signed on 22 February 2020. The previous contract, from November 2018, was AED 160,000.

How big is unit A261?

3,810 sqft (354.0 sqm): a three-bedroom apartment on the 26th floor of a 26-storey tower completed in 2007.

What is unit A261 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 A261, The Waves Tower A

Starts from the last sale price (AED 4.33M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,325,000
Deposit, UAE resident (20%)
AED 865,000
Deposit, non-resident (40%)
AED 1,730,000
Monthly over 25 years at 3.7%
AED 17,695

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