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1-bed · 1,030 sqftThe Waves Tower A, Dubai Marina · 7th floor · completed 2007

A71, The Waves Tower A

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A71 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 594K9 June 2010
Current rentAED 87K /yr22 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A71, The Waves Tower A

What is A71 worth today?

Last sold for AED 594,000 in 2010

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22 Nov 2023RentedRenewal
AED 86,663/yr11 months · AED 84 per sqft
22 Nov 2022RentedRenewal
AED 87,000/yr12 months · AED 84 per sqft
22 Nov 2021RentedRenewal
AED 65,000/yr12 months · AED 63 per sqft
22 Nov 2020RentedRenewal
AED 65,000/yr12 months · AED 63 per sqft
22 Nov 2019RentedRenewal
AED 73,000/yr12 months · AED 71 per sqft
22 Nov 2018RentedNew contract
AED 77,000/yr12 months · AED 75 per sqft
14 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
11 Oct 2016RentedRenewal
AED 94,763/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
1-bed apartment
Size
1,030 sqft
Floor
7th of 26
Parking
B2-198
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 16,100 /yr
Last sold
AED 594K · June 2010
Building
The Waves Tower A

About A71, The Waves Tower A

A71 is a one-bedroom apartment of 1,030 sqft on the 7th 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 June 2010 for AED 594,000, or AED 576 per sqft, 6% below the AED 612 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 22 November 2023, is AED 86,663 a year: a gross yield of 14.6% on the 2010 price, before the service charge of about AED 16,100 a year.

Sales and rents for A71 over time

Sales
Unit A71, each saleTypical one-bed in The Waves Tower A
500K1M1.5M2008201320182023Typical 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, June 2010: AED 594,000 (AED 576 per sqft)

A71 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A71, 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, September 2013: AED 80,000 a yearNew contract, October 2014: AED 90,000 a yearRenewal, October 2015: AED 94,247 a yearRenewal, October 2016: AED 94,763 a yearNew contract, December 2017: AED 80,000 a yearNew contract, November 2018: AED 77,000 a yearRenewal, November 2019: AED 73,000 a yearRenewal, November 2020: AED 65,000 a yearRenewal, November 2021: AED 65,000 a yearRenewal, November 2022: AED 87,000 a yearRenewal, November 2023: AED 86,663 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 A71 sits

All 75 1-beds →

A71 last sold in June 2010 at AED 576 per sqft, 6% below what one-beds in The Waves Tower A were fetching at the time (AED 612). 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. A71's AED 86,663 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 7th floor

All 161 units in The Waves Tower A
Value
A721-bedAED 1.05M · Aug 2013
A731-bedAED 1.36M · Feb 2014
A741-bedAED 1.2M · Jun 2023
A751-bedAED 599K · Jan 2009
A763-bedAED 2M · Apr 2013
A772-bedAED 2.2M · Jan 2025
A782-bedAED 1.66M · Mar 2025

A71, The Waves Tower A in numbers

  • Sold once: by DAMAC PROPERTIES CO on 9 June 2010 for AED 594,000, or AED 576 per sqft.
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 86,663 by November 2023.
  • At AED 86,663 a year the gross yield on the 2010 price is 14.6%, before a service charge of about AED 16,100 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 22 November 2023.

Questions about A71, The Waves Tower A

What did unit A71 last sell for?

AED 594,000 on 9 June 2010, sold by the developer: AED 576 per sqft for 1,030 sqft. It is the only registered sale of the unit.

What is the rent for unit A71?

AED 86,663 a year on the contract renewed on 22 November 2023. The previous contract, from November 2022, was AED 87,000; the unit has been rented since September 2013.

How big is unit A71?

1,030 sqft (95.7 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2007.

What is unit A71 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 A71, The Waves Tower A

Starts from the last sale price (AED 594K, 9 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 594,000
Deposit, UAE resident (20%)
AED 118,800
Deposit, non-resident (40%)
AED 237,600
Monthly over 25 years at 3.7%
AED 2,430

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