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1-bed · 1,097 sqftThe Waves Tower A, Dubai Marina · 5th floor · completed 2007

A59, The Waves Tower A

Sold prices and rental history: sold 5 times, last in November 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A59 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 1.45M14 November 2024
Current rentAED 95K /yr2 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A59, The Waves Tower A

What is A59 worth today?

Last sold for AED 1,450,000 in 2024

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14 Nov 2024SoldReady
AED 1,450,000AED 1,321 per sqft
5 Dec 2023SoldReady
AED 1,200,000AED 1,093 per sqft
9 Jun 2022SoldReady
AED 980,000AED 893 per sqft
24 Oct 2017SoldReady
AED 1,150,000AED 1,048 per sqft
2 Oct 2016RentedRenewal
AED 95,000/yr12 months · AED 87 per sqft
2 Oct 2015RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
17 Aug 2011Sold by developerReady
AED 1,923,000AED 1,753 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
1,097 sqft
Floor
5th of 26
Parking
B2-173
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 17,100 /yr
Last sold
AED 1.45M · November 2024
Building
The Waves Tower A

About A59, The Waves Tower A

A59 is a one-bedroom apartment of 1,097 sqft on the 5th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 14 November 2024 for AED 1,450,000, or AED 1,321 per sqft, 3% above the AED 1,281 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 2 October 2016, is AED 95,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 17,100 a year.

Sales and rents for A59 over time

Sales
Unit A59, each saleTypical one-bed in The Waves Tower A
1M2M2008201320182023Typical sale price by year: 2008 AED 595,000; 2009 AED 558,441; 2010 AED 593,000; 2011 AED 608,525; 2012 AED 740,000; 2013 AED 960,000; 2014 AED 1,325,000; 2015 AED 1,330,000; 2017 AED 1,150,000; 2018 AED 1,090,000; 2021 AED 700,000; 2022 AED 980,000; 2023 AED 1,137,500; 2024 AED 1,347,500; 2025 AED 1,300,000; 2026 AED 1,525,000Sold by developer, August 2011: AED 1,923,000 (AED 1,753 per sqft)Sold, October 2017: AED 1,150,000 (AED 1,048 per sqft)Sold, June 2022: AED 980,000 (AED 893 per sqft)Sold, December 2023: AED 1,200,000 (AED 1,093 per sqft)Sold, November 2024: AED 1,450,000 (AED 1,321 per sqft)

A59 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A59, each contractTypical one-bed in The Waves Tower A
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 90,000; 2015 AED 99,000; 2016 AED 93,582; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 73,000; 2020 AED 60,500; 2021 AED 56,500; 2022 AED 68,000; 2023 AED 75,000; 2024 AED 83,300; 2025 AED 84,748; 2026 AED 80,000New contract, October 2015: AED 95,000 a yearRenewal, October 2016: AED 95,000 a year

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 A59 sits

All 75 1-beds →

A59 last sold in November 2024 at AED 1,321 per sqft, 3% above what one-beds in The Waves Tower A were fetching at the time (AED 1,281). 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. A59's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20261,150,000
25 Mar 20261,550,000
19 Jan 20261,525,000
25 Nov 2025516,660
4 1-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 5th floor

All 161 units in The Waves Tower A
Value
A511-bedAED 501K · Jun 2010
A521-bedAED 517K · Nov 2025
A531-bedAED 650K · Oct 2020
A541-bedAED 740K · Sep 2012
A551-bedAED 459K · Jan 2009
A561-bedAED 454K · Jan 2009
A572-bedAED 1.6M · Dec 2024
1–7 of 8

A59, The Waves Tower A in numbers

  • Sold 5 times: first on 17 August 2011 for AED 1,923,000, last on 14 November 2024 for AED 1,450,000 (AED 1,321 per sqft).
  • Rented since October 2015 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 17,100 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 14 November 2024.

Questions about A59, The Waves Tower A

What did unit A59 last sell for?

AED 1,450,000 on 14 November 2024: AED 1,321 per sqft for 1,097 sqft. The unit has 5 registered sales; the first was AED 1,923,000 in August 2011.

What is the rent for unit A59?

AED 95,000 a year on the contract renewed on 2 October 2016. The previous contract, from October 2015, was AED 95,000.

How big is unit A59?

1,097 sqft (101.9 sqm): a one-bedroom apartment on the 5th floor of a 26-storey tower completed in 2007.

What is unit A59 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 A59, The Waves Tower A

Starts from the last sale price (AED 1.45M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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