A48, The Waves Tower A
Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A48, The Waves Tower A
What is A48 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 4th of 26
- Parking
- B2-178
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 13,700 /yr
- Last sold
- AED 483K · December 2009
- Building
- The Waves Tower A
About A48, The Waves Tower A
A48 is a one-bedroom apartment of 878 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 9 December 2009 for AED 483,000, or AED 550 per sqft, 10% below the AED 610 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 November 2025, is AED 75,000 a year: a gross yield of 15.5% on the 2009 price, before the service charge of about AED 13,700 a year.
Sales and rents for A48 over time
A48 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Waves Tower A, and where A48 sits
All 75 1-beds →A48 last sold in December 2009 at AED 550 per sqft, 10% below what one-beds in The Waves Tower A were fetching at the time (AED 610). Over the last 12 months one-beds sold for AED 516,660 to 1,550,000, around AED 1,332 per sqft, and rent for AED 52,028 to 260,000 a year. A48's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 971 sqft | 1,150,000 | 1,184 | ||
| 25 Mar 202625 March 2026 | 911 sqft | 1,550,000 | 1,701 | ||
| 19 Jan 202619 January 2026 | 1,030 sqft | 1,525,000 | 1,480 | ||
| 25 Nov 202525 November 2025 | 549 sqft | 516,660 | 941 |
The Waves Tower A
Building161 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%
Other units on the 4th floor
All 161 units in The Waves Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A41 | 1-bed | 971 sqft | AED 637KAED 637,000 · Jul 2011July 2011 | 70,000 /yr | |
| A42 | 1-bed | 850 sqft | AED 483KAED 483,000 · Dec 2009December 2009 | 78,750 /yr | |
| A43 | 1-bed | 847 sqft | AED 740KAED 740,000 · Oct 2009October 2009 | 70,000 /yr | |
| A44 | 1-bed | 850 sqft | AED 483KAED 483,000 · Mar 2010March 2010 | 60,000 /yr | |
| A45 | 1-bed | 846 sqft | AED 1.33MAED 1,325,000 · Apr 2014April 2014 | 85,000 /yr | |
| A46 | 1-bed | 897 sqft | AED 1.3MAED 1,300,000 · May 2025May 2025 | 80,000 /yr | |
| A47 | 2-bed | 1,299 sqft | AED 685KAED 685,000 · Jan 2009January 2009 | 109,109 /yr | |
| A49 | 1-bed | 1,097 sqft | AED 750KAED 750,000 · Dec 2011December 2011 | 260,000 /yr |
A48, The Waves Tower A in numbers
- Sold once: by DAMAC PROPERTIES CO on 9 December 2009 for AED 483,000, or AED 550 per sqft.
- Rented since December 2018 on 9 Ejari contracts. The rent fell from AED 68,000 to AED 56,000 in 2020 and recovered to AED 75,000 by November 2025.
- At AED 75,000 a year the gross yield on the 2009 price is 15.5%, before a service charge of about AED 13,700 a year (AED 15.61 per sqft).
- One-beds in The Waves Tower A sold for AED 516,660–1,550,000 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 1 November 2025.
Questions about A48, The Waves Tower A
What did unit A48 last sell for?
AED 483,000 on 9 December 2009, sold by the developer: AED 550 per sqft for 878 sqft. It is the only registered sale of the unit.
What is the rent for unit A48?
AED 75,000 a year on the contract signed on 1 November 2025. The previous contract, from August 2024, was AED 70,000; the unit has been rented since December 2018.
How big is unit A48?
878 sqft (81.6 sqm): a one-bedroom apartment on the 4th floor of a 26-storey tower completed in 2007.
What is unit A48 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Waves Tower A sold for AED 516,660 to 1,550,000 in the last 12 months, around AED 1,332 per sqft.
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Mortgage on A48, The Waves Tower A
Starts from the last sale price (AED 483K, 9 December 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 483,000
- Deposit, UAE resident (20%)
- AED 96,600
- Deposit, non-resident (40%)
- AED 193,200
- Monthly over 25 years at 3.7%
- AED 1,976
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →