3-bed · 2,734 sqftThe Waves Tower A, Dubai Marina · 26th floor · completed 2007

A266, The Waves Tower A

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A266 · DLD and Ejari recordsUpdated 12 August 2023
Last soldAED 1.6M26 December 2012
Current rentAED 200K /yr12 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A266, The Waves Tower A

What is A266 worth today?

Last sold for AED 1,600,000 in 2012

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12 Aug 2023RentedRenewal
AED 200,000/yr12 months · AED 73 per sqft
12 Aug 2023RentedRenewal
AED 200,000/yr12 months · AED 73 per sqft
12 Aug 2022RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
27 Aug 2017RentedNew contract
AED 190,000/yr12 months · AED 69 per sqft
10 Dec 2015RentedRenewal
AED 200,000/yr12 months · AED 73 per sqft
10 Dec 2014RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
10 Dec 2013RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
15 Aug 2013RentedNew contract
AED 179,517/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 12 August 2023.

Key facts

Type
3-bed apartment
Size
2,734 sqft
Floor
26th of 26
Parking
B2-124
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 42,700 /yr
Last sold
AED 1.6M · December 2012

About A266, The Waves Tower A

A266 is a three-bedroom apartment of 2,734 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 26 December 2012 for AED 1,600,000, or AED 585 per sqft, 24% below the AED 774 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 12 August 2023, is AED 200,000 a year: a gross yield of 12.5% on the 2012 price, before the service charge of about AED 42,700 a year.

Sales and rents for A266 over time

Sales
Unit A266, 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 2008: AED 2,000,000 (AED 750 per sqft)Sold, December 2012: AED 1,600,000 (AED 585 per sqft)

A266 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit A266, each contractTypical three-bed in The Waves Tower A
100K150K200K2012201620202024Typical 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, August 2013: AED 179,517 a yearNew contract, December 2013: AED 180,000 a yearNew contract, December 2014: AED 180,000 a yearRenewal, December 2015: AED 200,000 a yearNew contract, August 2017: AED 190,000 a yearNew contract, August 2022: AED 200,000 a yearRenewal, August 2023: AED 200,000 a yearRenewal, August 2023: AED 200,000 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 A266 sits

All 32 3-beds →

A266 last sold in December 2012 at AED 585 per sqft, 24% below what three-beds in The Waves Tower A were fetching at the time (AED 774). 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. A266's AED 200,000 is at the top 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
A2633-bedAED 2.6M · Oct 2019
A2643-bedAED 2.81M · Apr 2010
A2653-bedAED 2.7M · Dec 2018

A266, The Waves Tower A in numbers

  • Sold twice: first on 12 October 2008 for AED 2,000,000, last on 26 December 2012 for AED 1,600,000 (AED 585 per sqft).
  • Rented since August 2013 on 8 Ejari contracts, from AED 179,517 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2012 price is 12.5%, before a service charge of about AED 42,700 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 12 August 2023.

Questions about A266, The Waves Tower A

What did unit A266 last sell for?

AED 1,600,000 on 26 December 2012: AED 585 per sqft for 2,734 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in October 2008.

What is the rent for unit A266?

AED 200,000 a year on the contract renewed on 12 August 2023. The previous contract, from August 2023, was AED 200,000; the unit has been rented since August 2013.

How big is unit A266?

2,734 sqft (254.0 sqm): a three-bedroom apartment on the 26th floor of a 26-storey tower completed in 2007.

What is unit A266 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 A266, The Waves Tower A

Starts from the last sale price (AED 1.6M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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