2-bed · 1,558 sqftThe Waves Tower B, Dubai Marina · 2nd floor · completed 2007

B26, The Waves Tower B

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B26 · DLD and Ejari recordsUpdated 19 July 2024
Last soldAED 846K9 December 2009
Current rentAED 135K /yr19 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B26, The Waves Tower B

What is B26 worth today?

Last sold for AED 846,000 in 2009

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19 Jul 2024RentedRenewal
AED 135,000/yr24 months · AED 87 per sqft
19 Jul 2023RentedRenewal
AED 126,000/yr12 months · AED 81 per sqft
19 Jul 2022RentedRenewal
AED 126,000/yr12 months · AED 81 per sqft
19 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
19 Jul 2019RentedNew contract
AED 129,000/yr24 months · AED 83 per sqft
9 Dec 2009Sold by developerReady
AED 846,000AED 543 per sqft

Source: Dubai Land Department. Updated 19 July 2024.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
2nd of 10
Parking
B3-23
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 846K · December 2009

About B26, The Waves Tower B

B26 is a two-bedroom apartment of 1,558 sqft on the 2nd floor of The Waves Tower B, a 10-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. The developer sold it on 9 December 2009 for AED 846,000, or AED 543 per sqft, 15% below the AED 636 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 19 July 2024, is AED 135,000 a year: a gross yield of 16.0% on the 2009 price, before the service charge of about AED 24,300 a year.

Sales and rents for B26 over time

Sales
Unit B26, each saleTypical two-bed in The Waves Tower B
1M2M2009201320172021Typical sale price by year: 2009 AED 980,000; 2010 AED 1,040,000; 2017 AED 1,925,000; 2022 AED 1,950,000Sold by developer, December 2009: AED 846,000 (AED 543 per sqft)

B26 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B26, each contractTypical two-bed in The Waves Tower B
100K125K2014201820222026Typical rent by year: 2014 AED 135,000; 2015 AED 138,906; 2017 AED 135,000; 2018 AED 127,500; 2019 AED 119,500; 2020 AED 105,000; 2021 AED 90,000; 2022 AED 107,500; 2023 AED 127,500; 2024 AED 140,000; 2025 AED 140,000; 2026 AED 140,000New contract, July 2019: AED 129,000 a yearRenewal, July 2021: AED 120,000 a yearRenewal, July 2022: AED 126,000 a yearRenewal, July 2023: AED 126,000 a yearRenewal, July 2024: AED 135,000 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 B, and where B26 sits

All 10 2-beds →

B26 last sold in December 2009 at AED 543 per sqft, 15% below what two-beds in The Waves Tower B were fetching at the time (AED 636). Over the last 12 months two-beds sold for AED 2,525,000, around AED 1,639 per sqft, and rent for AED 125,000 to 150,000 a year. B26's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Feb 20262,525,000
28 Dec 20222,235,000
27 Jun 20221,950,000
1 Apr 20221,440,000
1 2-bed sale 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
B243-bedAED 1.5M · Apr 2021
B253-bedAED 2.85M · Aug 2025

B26, The Waves Tower B in numbers

  • Sold once: by DAMAC PROPERTIES CO on 9 December 2009 for AED 846,000, or AED 543 per sqft.
  • Rented since July 2019 on 5 Ejari contracts, from AED 129,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2009 price is 16.0%, before a service charge of about AED 24,300 a year (AED 15.61 per sqft).
  • Two-beds in The Waves Tower B sold for AED 2,525,000–2,525,000 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 19 July 2024.

Questions about B26, The Waves Tower B

What did unit B26 last sell for?

AED 846,000 on 9 December 2009, sold by the developer: AED 543 per sqft for 1,558 sqft. It is the only registered sale of the unit.

What is the rent for unit B26?

AED 135,000 a year on the contract renewed on 19 July 2024. The previous contract, from July 2023, was AED 126,000; the unit has been rented since July 2019.

How big is unit B26?

1,558 sqft (144.7 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2007.

What is unit B26 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 B sold for AED 2,525,000 to 2,525,000 in the last 12 months, around AED 1,639 per sqft.

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Mortgage on B26, The Waves Tower B

Starts from the last sale price (AED 846K, 9 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 846,000
Deposit, UAE resident (20%)
AED 169,200
Deposit, non-resident (40%)
AED 338,400
Monthly over 25 years at 3.7%
AED 3,461

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