3-bed · 2,152 sqftThe Waves Tower B, Dubai Marina · 2nd floor · completed 2007

B24, The Waves Tower B

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B24 · DLD and Ejari recordsUpdated 2 June 2024
Last soldAED 1.5M21 April 2021
Current rentAED 120K /yr2 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B24, The Waves Tower B

What is B24 worth today?

Last sold for AED 1,500,000 in 2021

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2 Jun 2024RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
2 Jun 2024RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
2 Jun 2023RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
21 Apr 2021SoldReady
AED 1,500,000AED 697 per sqft
19 Apr 2021RentedNew contract
AED 125,000/yr24 months · AED 58 per sqft
15 May 2018RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
15 May 2017SoldReady
AED 3,100,000AED 1,440 per sqft
1 Sep 2015RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 2 June 2024.

Key facts

Type
3-bed apartment
Size
2,152 sqft
Floor
2nd of 10
Parking
BG-308
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 33,600 /yr
Last sold
AED 1.5M · April 2021

About B24, The Waves Tower B

B24 is a three-bedroom apartment of 2,152 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 21 April 2021 for AED 1,500,000, or AED 697 per sqft, in line with the AED 713 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 2 June 2024, is AED 120,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 33,600 a year.

Sales and rents for B24 over time

Sales
Unit B24, each saleTypical three-bed in The Waves Tower B
2M4M2008201320182023Typical sale price by year: 2008 AED 1,390,000; 2009 AED 1,444,742; 2010 AED 1,434,500; 2011 AED 1,610,000; 2013 AED 2,500,000; 2014 AED 3,700,000; 2022 AED 2,500,000; 2025 AED 3,100,000Sold by developer, May 2009: AED 1,400,000 (AED 650 per sqft)Sold, June 2009: AED 1,800,000 (AED 836 per sqft)Sold, May 2017: AED 3,100,000 (AED 1,440 per sqft)Sold, April 2021: AED 1,500,000 (AED 697 per sqft)

B24 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit B24, each contractTypical three-bed in The Waves Tower B
150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 155,000; 2014 AED 170,000; 2015 AED 177,500; 2016 AED 182,500; 2017 AED 172,500; 2018 AED 175,000; 2019 AED 162,500; 2020 AED 148,000; 2021 AED 122,500; 2022 AED 132,000; 2023 AED 167,500; 2024 AED 183,750; 2025 AED 195,000; 2026 AED 180,000New contract, September 2013: AED 180,000 a yearNew contract, September 2014: AED 180,000 a yearNew contract, September 2015: AED 180,000 a yearNew contract, May 2018: AED 200,000 a yearNew contract, April 2021: AED 125,000 a yearNew contract, June 2023: AED 125,000 a yearRenewal, June 2024: AED 120,000 a yearRenewal, June 2024: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Waves Tower B, and where B24 sits

All 21 3-beds →

B24 last sold in April 2021 at AED 697 per sqft, in line with what three-beds in The Waves Tower B were fetching at the time (AED 713). B24's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Oct 20252,950,000
21 Aug 20252,850,000
17 Jun 20253,200,000
22 May 20255,076,000
0 3-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
B231-bedAED 1.34M · Jul 2024
B253-bedAED 2.85M · Aug 2025
B262-bedAED 846K · Dec 2009

B24, The Waves Tower B in numbers

  • Sold 4 times: first on 26 May 2009 for AED 1,400,000, last on 21 April 2021 for AED 1,500,000 (AED 697 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 180,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 33,600 a year (AED 15.61 per sqft).

Source: Dubai Land Department. Updated 2 June 2024.

Questions about B24, The Waves Tower B

What did unit B24 last sell for?

AED 1,500,000 on 21 April 2021: AED 697 per sqft for 2,152 sqft. The unit has 4 registered sales; the first was AED 1,400,000 in May 2009.

What is the rent for unit B24?

AED 120,000 a year on the contract renewed on 2 June 2024. The previous contract, from June 2024, was AED 120,000; the unit has been rented since September 2013.

How big is unit B24?

2,152 sqft (199.9 sqm): a three-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2007.

What is unit B24 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B24, The Waves Tower B

Starts from the last sale price (AED 1.5M, 21 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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