1-bed · 1,086 sqftThe Waves Tower B, Dubai Marina · 2nd floor · completed 2007

B23, The Waves Tower B

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B23 · DLD and Ejari recordsUpdated 22 February 2026
Last soldAED 1.34M23 July 2024
Current rentAED 135K /yr22 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B23, The Waves Tower B

What is B23 worth today?

Last sold for AED 1,340,000 in 2024

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22 Feb 2026RentedNew contract
AED 135,000/yr12 months · AED 124 per sqft
23 Jul 2024SoldReady
AED 1,340,000AED 1,233 per sqft
25 Jul 2023RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
10 Oct 2022RentedNew contract
AED 59,799/yr7 months · AED 55 per sqft
10 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 48 per sqft
10 Oct 2020RentedNew contract
AED 52,000/yr12 months · AED 48 per sqft
24 Jan 2020RentedRenewal
AED 64,286/yr7 months · AED 59 per sqft
24 Aug 2019RentedNew contract
AED 90,000/yr5 months · AED 83 per sqft

Source: Dubai Land Department. Updated 22 February 2026.

Key facts

Type
1-bed apartment
Size
1,086 sqft
Floor
2nd of 10
Parking
BG-309
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 17,000 /yr
Last sold
AED 1.34M · July 2024

About B23, The Waves Tower B

B23 is a one-bedroom apartment of 1,086 sqft on the 2nd floor of The Waves Tower B, a 10-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 23 July 2024 for AED 1,340,000, or AED 1,233 per sqft, in line with the AED 1,240 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 22 February 2026, is AED 135,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 17,000 a year.

Sales and rents for B23 over time

Sales
Unit B23, each saleTypical one-bed in The Waves Tower B
1M2008201320182023Typical sale price by year: 2008 AED 887,500; 2009 AED 702,500; 2010 AED 710,165; 2011 AED 950,000; 2012 AED 1,065,000; 2013 AED 1,150,000; 2014 AED 1,706,040; 2017 AED 1,350,000; 2021 AED 850,000; 2022 AED 950,000; 2024 AED 1,340,000; 2025 AED 1,500,000Sold by developer, March 2013: AED 518,596 (AED 477 per sqft)Sold, October 2013: AED 1,200,000 (AED 1,104 per sqft)Sold, July 2024: AED 1,340,000 (AED 1,233 per sqft)

B23 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B23, each contractTypical one-bed in The Waves Tower B
50K100K2013201720212025Typical rent by year: 2013 AED 89,000; 2014 AED 108,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 70,000; 2021 AED 66,500; 2022 AED 73,250; 2023 AED 88,000; 2024 AED 100,000; 2025 AED 104,000; 2026 AED 92,250New contract, August 2016: AED 105,000 a yearNew contract, September 2017: AED 90,000 a yearNew contract, August 2019: AED 90,000 a yearRenewal, January 2020: AED 64,286 a yearNew contract, October 2020: AED 52,000 a yearRenewal, October 2021: AED 52,000 a yearNew contract, October 2022: AED 59,799 a yearNew contract, July 2023: AED 90,000 a yearNew contract, February 2026: AED 135,000 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 B, and where B23 sits

All 54 1-beds →

B23 last sold in July 2024 at AED 1,233 per sqft, in line with what one-beds in The Waves Tower B were fetching at the time (AED 1,240). Over the last 12 months one-beds sold for AED 1,440,000 to 2,000,000, around AED 1,470 per sqft, and rent for AED 78,000 to 155,000 a year. B23's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 20261,440,000
5 May 20262,000,000
10 Dec 20251,510,000
26 Aug 20251,500,000
3 1-bed sales in the last 12 months

The Waves Tower B

Building

86 apartments, 1-bed to 4-bed over 10 floors in Dubai Marina, completed in 2007 by DAMAC PROPERTIES CO. 4 sold in the last 12 months.

Typical price per sqft
AED 1,472
Typical sale
AED 1.76M
Typical rent
AED 103K /yr
Typical yield
5.7%
The Waves Tower B, Dubai Marina: prices, sales and rents →

Other units on the 2nd floor

All 86 units in The Waves Tower B
Value
B211-bedAED 1.07M · Nov 2022
B22a1-bedAED 1.4M · Feb 2025
B22b1-bedAED 622K · Dec 2009
B243-bedAED 1.5M · Apr 2021
B253-bedAED 2.85M · Aug 2025
B262-bedAED 846K · Dec 2009

B23, The Waves Tower B in numbers

  • Sold 3 times: first on 28 March 2013 for AED 518,596, last on 23 July 2024 for AED 1,340,000 (AED 1,233 per sqft).
  • Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 52,000 in 2021 and recovered to AED 135,000 by February 2026.
  • At AED 135,000 a year the gross yield on the 2024 price is 10.1%, before a service charge of about AED 17,000 a year (AED 15.61 per sqft).
  • One-beds in The Waves Tower B sold for AED 1,440,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,472 per sqft.

Source: Dubai Land Department. Updated 22 February 2026.

Questions about B23, The Waves Tower B

What did unit B23 last sell for?

AED 1,340,000 on 23 July 2024: AED 1,233 per sqft for 1,086 sqft. The unit has 3 registered sales; the first was AED 518,596 in March 2013.

What is the rent for unit B23?

AED 135,000 a year on the contract signed on 22 February 2026. The previous contract, from July 2023, was AED 90,000; the unit has been rented since August 2016.

How big is unit B23?

1,086 sqft (100.9 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2007.

What is unit B23 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 B sold for AED 1,440,000 to 2,000,000 in the last 12 months, around AED 1,470 per sqft.

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Mortgage on B23, The Waves Tower B

Starts from the last sale price (AED 1.34M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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