2-bed · 1,299 sqftThe Waves Tower A, Dubai Marina · 4th floor · completed 2007

A47, The Waves Tower A

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A47 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 685K14 January 2009
Current rentAED 109K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A47, The Waves Tower A

What is A47 worth today?

Last sold for AED 685,000 in 2009

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8 Feb 2025RentedRenewal
AED 109,109/yr5 months · AED 84 per sqft
8 Feb 2025RentedRenewal
AED 109,109/yr5 months · AED 84 per sqft
8 Feb 2024RentedRenewal
AED 94,876/yr12 months · AED 73 per sqft
8 Feb 2024RentedRenewal
AED 94,876/yr12 months · AED 73 per sqft
8 Feb 2023RentedRenewal
AED 86,250/yr12 months · AED 66 per sqft
8 Feb 2022RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
8 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
20 Dec 2019RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 8 February 2025.

Key facts

Type
2-bed apartment
Size
1,299 sqft
Floor
4th of 26
Parking
B2-179
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 685K · January 2009

About A47, The Waves Tower A

A47 is a two-bedroom apartment of 1,299 sqft on the 4th 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 January 2009 for AED 685,000, or AED 527 per sqft, 25% below the AED 703 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 8 February 2025, is AED 109,109 a year: a gross yield of 15.9% on the 2009 price, before the service charge of about AED 20,300 a year.

Sales and rents for A47 over time

Sales
Unit A47, each saleTypical two-bed in The Waves Tower A
1M2M2008201320182023Typical 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, January 2009: AED 685,000 (AED 527 per sqft)

A47 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A47, 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, March 2018: AED 100,000 a yearRenewal, March 2019: AED 80,000 a yearRenewal, September 2019: AED 80,000 a yearRenewal, December 2019: AED 70,000 a yearNew contract, February 2021: AED 65,000 a yearRenewal, February 2022: AED 75,000 a yearRenewal, February 2023: AED 86,250 a yearRenewal, February 2024: AED 94,876 a yearRenewal, February 2024: AED 94,876 a yearRenewal, February 2025: AED 109,109 a yearRenewal, February 2025: AED 109,109 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 A47 sits

All 54 2-beds →

A47 last sold in January 2009 at AED 527 per sqft, 25% below what two-beds in The Waves Tower A were fetching at the time (AED 703). 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. A47's AED 109,109 is in the lower half 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 4th floor

All 161 units in The Waves Tower A
Value
A411-bedAED 637K · Jul 2011
A421-bedAED 483K · Dec 2009
A431-bedAED 740K · Oct 2009
A441-bedAED 483K · Mar 2010
A451-bedAED 1.33M · Apr 2014
A461-bedAED 1.3M · May 2025
A481-bedAED 483K · Dec 2009
1–7 of 8

A47, The Waves Tower A in numbers

  • Sold once: by DAMAC PROPERTIES CO on 14 January 2009 for AED 685,000, or AED 527 per sqft.
  • Rented since March 2018 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2021 and recovered to AED 109,109 by February 2025.
  • At AED 109,109 a year the gross yield on the 2009 price is 15.9%, before a service charge of about AED 20,300 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 8 February 2025.

Questions about A47, The Waves Tower A

What did unit A47 last sell for?

AED 685,000 on 14 January 2009, sold by the developer: AED 527 per sqft for 1,299 sqft. It is the only registered sale of the unit.

What is the rent for unit A47?

AED 109,109 a year on the contract renewed on 8 February 2025. The previous contract, from February 2025, was AED 109,109; the unit has been rented since March 2018.

How big is unit A47?

1,299 sqft (120.7 sqm): a two-bedroom apartment on the 4th floor of a 26-storey tower completed in 2007.

What is unit A47 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 A47, The Waves Tower A

Starts from the last sale price (AED 685K, 14 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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