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3-bed · 2,156 sqftThe Waves Tower B, Dubai Marina · 3rd floor · completed 2007

B34, The Waves Tower B

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B34 · DLD and Ejari recordsUpdated 11 November 2019
Last soldAED 1.63M11 November 2019
Current rentAED 195K /yr19 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B34, The Waves Tower B

What is B34 worth today?

Last sold for AED 1,630,000 in 2019

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11 Nov 2019SoldReady
AED 1,630,000AED 756 per sqft
19 Dec 2018RentedNew contract
AED 195,000/yr12 months · AED 91 per sqft
19 Jan 2014RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft
19 Jan 2013RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft
19 Jan 2012RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
21 Oct 2008Sold by developerReady
AED 1,390,000AED 729 per sqft

Source: Dubai Land Department. Updated 11 November 2019.

Key facts

Type
3-bed apartment
Size
2,156 sqft
Floor
3rd of 10
Parking
BG-300
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 33,700 /yr
Last sold
AED 1.63M · November 2019
Building
The Waves Tower B

About B34, The Waves Tower B

B34 is a three-bedroom apartment of 2,156 sqft on the 3rd floor of The Waves Tower B, a 10-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 11 November 2019 for AED 1,630,000, or AED 756 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 19 December 2018, is AED 195,000 a year: a gross yield of 12.0% on the 2019 price, before the service charge of about AED 33,700 a year.

Sales and rents for B34 over time

Sales
Unit B34, 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, October 2008: AED 1,390,000 (AED 729 per sqft)Sold, November 2019: AED 1,630,000 (AED 756 per sqft)

B34 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit B34, 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, January 2012: AED 155,000 a yearRenewal, January 2013: AED 155,000 a yearRenewal, January 2014: AED 155,000 a yearNew contract, December 2018: AED 195,000 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 B34 sits

All 21 3-beds →

B34's AED 195,000 is in the upper half 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 3rd floor

All 86 units in The Waves Tower B
Value
B311-bedAED 1.1M · Jul 2012
B32a1-bedAED 1.35M · Sep 2017
B32b1-bedAED 1.8M · Jan 2010
B331-bedAED 964K · Apr 2013
B353-bedAED 2.05M · Sep 2018
B362-bedAED 975K · Apr 2017
B371-bedAED 710K · Nov 2008
1–7 of 9

B34, The Waves Tower B in numbers

  • Sold twice: first on 21 October 2008 for AED 1,390,000, last on 11 November 2019 for AED 1,630,000 (AED 756 per sqft).
  • Rented since January 2012 on 4 Ejari contracts, from AED 155,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2019 price is 12.0%, before a service charge of about AED 33,700 a year (AED 15.61 per sqft).

Source: Dubai Land Department. Updated 11 November 2019.

Questions about B34, The Waves Tower B

What did unit B34 last sell for?

AED 1,630,000 on 11 November 2019: AED 756 per sqft for 2,156 sqft. The unit has 2 registered sales; the first was AED 1,390,000 in October 2008.

What is the rent for unit B34?

AED 195,000 a year on the contract signed on 19 December 2018. The previous contract, from January 2014, was AED 155,000; the unit has been rented since January 2012.

How big is unit B34?

2,156 sqft (200.3 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit B34 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 B34, The Waves Tower B

Starts from the last sale price (AED 1.63M, 11 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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