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2-bed · 1,369 sqftThe Waves Tower A, Dubai Marina · 9th floor · completed 2007

A97, The Waves Tower A

Sold prices and rental history: sold 3 times, last in September 2021, and rented once, from October 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A97 · DLD and Ejari recordsUpdated 26 September 2021
Last soldAED 1.24M26 September 2021
Current rentAED 90K /yr20 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A97, The Waves Tower A

What is A97 worth today?

Last sold for AED 1,236,000 in 2021

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26 Sep 2021SoldReady
AED 1,236,000AED 902 per sqft
14 Mar 2021SoldReady
AED 910,000AED 664 per sqft
20 Oct 2015RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
2 Jun 2015Sold by developerReady
AED 835,000AED 609 per sqft

Source: Dubai Land Department. Updated 26 September 2021.

Key facts

Type
2-bed apartment
Size
1,369 sqft
Floor
9th of 26
Parking
B2-112
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 21,400 /yr
Last sold
AED 1.24M · September 2021
Building
The Waves Tower A

About A97, The Waves Tower A

A97 is a two-bedroom apartment of 1,369 sqft on the 9th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 26 September 2021 for AED 1,236,000, or AED 902 per sqft, 34% above the AED 674 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2015. The current contract, signed on 20 October 2015, is AED 90,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 21,400 a year.

Sales and rents for A97 over time

Sales
Unit A97, each saleTypical two-bed in The Waves Tower A
1M1.5M2M2008201320182023Typical 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, June 2015: AED 835,000 (AED 609 per sqft)Sold, March 2021: AED 910,000 (AED 664 per sqft)Sold, September 2021: AED 1,236,000 (AED 902 per sqft)

A97 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A97, each contractTypical two-bed in The Waves Tower A
75K100K125K2012201620202024Typical 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, October 2015: AED 90,000 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 A97 sits

All 54 2-beds →

A97 last sold in September 2021 at AED 902 per sqft, 34% above what two-beds in The Waves Tower A were fetching at the time (AED 674). 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. A97's AED 90,000 is at the bottom 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 9th floor

All 161 units in The Waves Tower A
Value
A911-bedAED 569K · Jul 2011
A921-bedAED 1.05M · May 2010
A931-bedAED 1.43M · Jun 2015
A941-bedAED 557K · Sep 2010
A951-bedAED 604K · Mar 2010
A963-bedAED 1.85M · May 2013
A982-bedAED 1.17M · May 2010

A97, The Waves Tower A in numbers

  • Sold 3 times: first on 2 June 2015 for AED 835,000, last on 26 September 2021 for AED 1,236,000 (AED 902 per sqft).
  • Rented since October 2015 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 21,400 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 26 September 2021.

Questions about A97, The Waves Tower A

What did unit A97 last sell for?

AED 1,236,000 on 26 September 2021: AED 902 per sqft for 1,369 sqft. The unit has 3 registered sales; the first was AED 835,000 in June 2015.

What is the rent for unit A97?

AED 90,000 a year on the contract signed on 20 October 2015.

How big is unit A97?

1,369 sqft (127.2 sqm): a two-bedroom apartment on the 9th floor of a 26-storey tower completed in 2007.

What is unit A97 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 A97, The Waves Tower A

Starts from the last sale price (AED 1.24M, 26 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,236,000
Deposit, UAE resident (20%)
AED 247,200
Deposit, non-resident (40%)
AED 494,400
Monthly over 25 years at 3.7%
AED 5,057

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