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1-bed · 918 sqftThe Waves Tower A, Dubai Marina · 7th floor · completed 2007

A74, The Waves Tower A

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A74 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 1.2M19 June 2023
Current rentAED 70K /yr30 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A74, The Waves Tower A

What is A74 worth today?

Last sold for AED 1,200,000 in 2023

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19 Jun 2023SoldReady
AED 1,200,000AED 1,307 per sqft
30 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
1 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
15 Aug 2018RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
28 Mar 2017RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
25 Oct 2014RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
23 Jul 2009SoldReady
AED 552,000AED 601 per sqft
14 Jan 2009Sold by developerReady
AED 552,000AED 601 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
1-bed apartment
Size
918 sqft
Floor
7th of 26
Parking
B2-193
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 1.2M · June 2023
Building
The Waves Tower A

About A74, The Waves Tower A

A74 is a one-bedroom apartment of 918 sqft on the 7th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 19 June 2023 for AED 1,200,000, or AED 1,307 per sqft, 4% above the AED 1,260 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 30 January 2022, is AED 70,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 14,300 a year.

Sales and rents for A74 over time

Sales
Unit A74, 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, January 2009: AED 552,000 (AED 601 per sqft)Sold, July 2009: AED 552,000 (AED 601 per sqft)Sold, June 2023: AED 1,200,000 (AED 1,307 per sqft)

A74 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A74, each contractTypical one-bed in The Waves Tower A
50K75K100K2012201620202024Typical 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 2014: AED 60,000 a yearNew contract, March 2017: AED 110,000 a yearNew contract, August 2018: AED 80,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, January 2022: AED 70,000 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 A74 sits

All 75 1-beds →

A74 last sold in June 2023 at AED 1,307 per sqft, 4% above what one-beds in The Waves Tower A were fetching at the time (AED 1,260). 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. A74's AED 70,000 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 7th floor

All 161 units in The Waves Tower A
Value
A711-bedAED 594K · Jun 2010
A721-bedAED 1.05M · Aug 2013
A731-bedAED 1.36M · Feb 2014
A751-bedAED 599K · Jan 2009
A763-bedAED 2M · Apr 2013
A772-bedAED 2.2M · Jan 2025
A782-bedAED 1.66M · Mar 2025

A74, The Waves Tower A in numbers

  • Sold 3 times: first on 14 January 2009 for AED 552,000, last on 19 June 2023 for AED 1,200,000 (AED 1,307 per sqft).
  • Rented since October 2014 on 5 Ejari contracts, from AED 60,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 14,300 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 19 June 2023.

Questions about A74, The Waves Tower A

What did unit A74 last sell for?

AED 1,200,000 on 19 June 2023: AED 1,307 per sqft for 918 sqft. The unit has 3 registered sales; the first was AED 552,000 in January 2009.

What is the rent for unit A74?

AED 70,000 a year on the contract signed on 30 January 2022. The previous contract, from July 2019, was AED 70,000; the unit has been rented since October 2014.

How big is unit A74?

918 sqft (85.3 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2007.

What is unit A74 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 A74, The Waves Tower A

Starts from the last sale price (AED 1.2M, 19 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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