3-bed · 3,642 sqftThe Waves Tower A, Dubai Marina · 26th floor · completed 2007

A263, The Waves Tower A

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A263 · DLD and Ejari recordsUpdated 14 October 2019
Last soldAED 2.6M14 October 2019
Current rentAED 20K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A263, The Waves Tower A

What is A263 worth today?

Last sold for AED 2,600,000 in 2019

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14 Oct 2019Sold by developerReady
AED 2,600,000AED 713 per sqft
15 Mar 2019RentedNew contract · flagged as an outlier
AED 20,000/yr24 months · AED 5 per sqft

Source: Dubai Land Department. Updated 14 October 2019.

Key facts

Type
3-bed apartment
Size
3,642 sqft
Floor
26th of 26
Parking
B1-245, B1-227, B1-218
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 56,900 /yr
Last sold
AED 2.6M · October 2019

About A263, The Waves Tower A

A263 is a three-bedroom apartment of 3,642 sqft on the 26th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. The developer sold it on 14 October 2019 for AED 2,600,000, or AED 713 per sqft.

One Ejari contract is registered, from 15 March 2019. The current contract, signed on 15 March 2019, is AED 20,000 a year: a gross yield of 0.8% on the 2019 price, before the service charge of about AED 56,900 a year.

Sales and rents for A263 over time

Sales
Unit A263, 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, October 2019: AED 2,600,000 (AED 713 per sqft)

A263 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A263, 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 175,000

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 A263 sits

All 32 3-beds →

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. A263's AED 20,000 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 26th floor

All 161 units in The Waves Tower A
Value
A2613-bedAED 4.33M · Jul 2024
A2623-bedAED 3.9M · Nov 2025
A2643-bedAED 2.81M · Apr 2010
A2653-bedAED 2.7M · Dec 2018
A2663-bedAED 1.6M · Dec 2012

A263, The Waves Tower A in numbers

  • Sold once: by DAMAC PROPERTIES CO on 14 October 2019 for AED 2,600,000, or AED 713 per sqft.
  • Rented since March 2019 on one Ejari contract, at AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2019 price is 0.8%, before a service charge of about AED 56,900 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 14 October 2019.

Questions about A263, The Waves Tower A

What did unit A263 last sell for?

AED 2,600,000 on 14 October 2019, sold by the developer: AED 713 per sqft for 3,642 sqft. It is the only registered sale of the unit.

What is the rent for unit A263?

AED 20,000 a year on the contract signed on 15 March 2019.

How big is unit A263?

3,642 sqft (338.4 sqm): a three-bedroom apartment on the 26th floor of a 26-storey tower completed in 2007.

What is unit A263 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 A263, The Waves Tower A

Starts from the last sale price (AED 2.6M, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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