2-bed · 1,540 sqftThe Waves Tower B, Dubai Marina · 4th floor · completed 2007

B46, The Waves Tower B

Sold prices and rental history: sold twice, last in March 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B46 · DLD and Ejari recordsUpdated 25 March 2018
Last soldAED 1.45M25 March 2018
Current rentAED 145K /yr10 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B46, The Waves Tower B

What is B46 worth today?

Last sold for AED 1,450,000 in 2018

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25 Mar 2018SoldReady
AED 1,450,000AED 941 per sqft
10 Aug 2015RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
10 Aug 2014RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
10 Aug 2013RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
27 Sep 2010Sold by developerReady
AED 960,000AED 623 per sqft

Source: Dubai Land Department. Updated 25 March 2018.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
4th of 10
Parking
B1-259
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 1.45M · March 2018

About B46, The Waves Tower B

B46 is a two-bedroom apartment of 1,540 sqft on the 4th floor of The Waves Tower B, a 10-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 25 March 2018 for AED 1,450,000, or AED 941 per sqft, in line with the AED 941 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 10 August 2015, is AED 145,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 24,000 a year.

Sales and rents for B46 over time

Sales
Unit B46, each saleTypical two-bed in The Waves Tower B
1M1.5M2M2009201320172021Typical 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, September 2010: AED 960,000 (AED 623 per sqft)Sold, March 2018: AED 1,450,000 (AED 941 per sqft)

B46 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B46, each contractTypical two-bed in The Waves Tower B
100K125K150K2013201720212025Typical 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, August 2013: AED 110,000 a yearRenewal, August 2014: AED 145,000 a yearRenewal, August 2015: AED 145,000 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 B46 sits

All 10 2-beds →

B46 last sold in March 2018 at AED 941 per sqft, in line with what two-beds in The Waves Tower B were fetching at the time (AED 941). 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. B46's AED 145,000 is in the upper 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 4th floor

All 86 units in The Waves Tower B
Value
B411-bedAED 850K · Feb 2021
B42a1-bedAED 2.1M · Dec 2008
B42b1-bedAED 667K · Jan 2009
B431-bedAED 1.5M · Nov 2013
B443-bedAED 2.9M · Oct 2013
B453-bedAED 1.5M · Jul 2020
B471-bedAED 685K · Dec 2012
1–7 of 9

B46, The Waves Tower B in numbers

  • Sold twice: first on 27 September 2010 for AED 960,000, last on 25 March 2018 for AED 1,450,000 (AED 941 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 110,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 24,000 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 25 March 2018.

Questions about B46, The Waves Tower B

What did unit B46 last sell for?

AED 1,450,000 on 25 March 2018: AED 941 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 960,000 in September 2010.

What is the rent for unit B46?

AED 145,000 a year on the contract renewed on 10 August 2015. The previous contract, from August 2014, was AED 145,000; the unit has been rented since August 2013.

How big is unit B46?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit B46 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 B46, The Waves Tower B

Starts from the last sale price (AED 1.45M, 25 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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