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1-bed · 1,002 sqftThe Waves Tower B, Dubai Marina · 3rd floor · completed 2007

B37, The Waves Tower B

Sold prices and rental history: sold once, by the developer in November 2008, and rented once, from May 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B37 · DLD and Ejari recordsUpdated 14 May 2017
Last soldAED 710K13 November 2008
Current rentAED 95K /yr14 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B37, The Waves Tower B

What is B37 worth today?

Last sold for AED 710,000 in 2008

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14 May 2017RentedNew contract
AED 95,000/yr12 months · AED 95 per sqft
13 Nov 2008Sold by developerReady
AED 710,000AED 708 per sqft

Source: Dubai Land Department. Updated 14 May 2017.

Key facts

Type
1-bed apartment
Size
1,002 sqft
Floor
3rd of 10
Parking
B1-268
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 15,600 /yr
Last sold
AED 710K · November 2008
Building
The Waves Tower B

About B37, The Waves Tower B

B37 is a one-bedroom apartment of 1,002 sqft on the 3rd 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 13 November 2008 for AED 710,000, or AED 708 per sqft, in line with the AED 708 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 May 2017. The current contract, signed on 14 May 2017, is AED 95,000 a year: a gross yield of 13.4% on the 2008 price, before the service charge of about AED 15,600 a year.

Sales and rents for B37 over time

Sales
Unit B37, each saleTypical one-bed in The Waves Tower B
1M1.5M2008201320182023Typical 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, November 2008: AED 710,000 (AED 708 per sqft)

B37 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B37, each contractTypical one-bed in The Waves Tower B
60K80K100K2013201720212025Typical 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, May 2017: AED 95,000 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 B37 sits

All 54 1-beds →

B37 last sold in November 2008 at AED 708 per sqft, in line with what one-beds in The Waves Tower B were fetching at the time (AED 708). 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. B37's AED 95,000 is in the lower 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 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
B343-bedAED 1.63M · Nov 2019
B353-bedAED 2.05M · Sep 2018
B362-bedAED 975K · Apr 2017
1–7 of 9

B37, The Waves Tower B in numbers

  • Sold once: by DAMAC PROPERTIES CO on 13 November 2008 for AED 710,000, or AED 708 per sqft.
  • Rented since May 2017 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2008 price is 13.4%, before a service charge of about AED 15,600 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 14 May 2017.

Questions about B37, The Waves Tower B

What did unit B37 last sell for?

AED 710,000 on 13 November 2008, sold by the developer: AED 708 per sqft for 1,002 sqft. It is the only registered sale of the unit.

What is the rent for unit B37?

AED 95,000 a year on the contract signed on 14 May 2017.

How big is unit B37?

1,002 sqft (93.1 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit B37 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 B37, The Waves Tower B

Starts from the last sale price (AED 710K, 13 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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