B48, The Waves Tower B
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B48, The Waves Tower B
What is B48 worth today?
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Source: Dubai Land Department. Updated 22 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,071 sqft
- Floor
- 4th of 10
- Parking
- B1-257
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 16,700 /yr
- Last sold
- AED 623K · January 2009
- Building
- The Waves Tower B
About B48, The Waves Tower B
B48 is a one-bedroom apartment of 1,071 sqft on the 4th 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 21 January 2009 for AED 623,156, or AED 581 per sqft, 10% below the AED 644 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 22 September 2023, is AED 80,000 a year: a gross yield of 12.8% on the 2009 price, before the service charge of about AED 16,700 a year.
Sales and rents for B48 over time
B48 has sold once; the dashed line is the one-bed median of each year in the building.
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 B48 sits
All 54 1-beds →B48 last sold in January 2009 at AED 581 per sqft, 10% below what one-beds in The Waves Tower B were fetching at the time (AED 644). 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. B48's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20264 July 2026 | 1,024 sqft | 1,440,000 | 1,406 | ||
| 5 May 20265 May 2026 | 1,360 sqft | 2,000,000 | 1,470 | ||
| 10 Dec 202510 December 2025 | 1,024 sqft | 1,510,000 | 1,474 | ||
| 26 Aug 202526 August 2025 | 1,202 sqft | 1,500,000 | 1,247 |
The Waves Tower B
Building86 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%
Other units on the 4th floor
All 86 units in The Waves Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B41 | 1-bed | 1,344 sqft | AED 850KAED 850,000 · Feb 2021February 2021 | 115,000 /yr | |
| B42a | 1-bed | 1,328 sqft | AED 2.1MAED 2,100,000 · Dec 2008December 2008 | ||
| B42b | 1-bed | 1,192 sqft | AED 667KAED 666,750 · Jan 2009January 2009 | 125,000 /yr | |
| B43 | 1-bed | 1,190 sqft | AED 1.5MAED 1,500,000 · Nov 2013November 2013 | 109,770 /yr | |
| B44 | 3-bed | 2,124 sqft | AED 2.9MAED 2,900,000 · Oct 2013October 2013 | ||
| B45 | 3-bed | 2,102 sqft | AED 1.5MAED 1,500,000 · Jul 2020July 2020 | 170,000 /yr | |
| B46 | 2-bed | 1,540 sqft | AED 1.45MAED 1,450,000 · Mar 2018March 2018 | 145,000 /yr | |
| B47 | 1-bed | 1,024 sqft | AED 685KAED 685,000 · Dec 2012December 2012 | 100,000 /yr | |
| B49 | 1-bed | 1,055 sqft | AED 738KAED 738,000 · Sep 2013September 2013 | 80,000 /yr |
B48, The Waves Tower B in numbers
- Sold once: by DAMAC PROPERTIES CO on 21 January 2009 for AED 623,156, or AED 581 per sqft.
- Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 80,000 by September 2023.
- At AED 80,000 a year the gross yield on the 2009 price is 12.8%, before a service charge of about AED 16,700 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 22 September 2023.
Questions about B48, The Waves Tower B
What did unit B48 last sell for?
AED 623,156 on 21 January 2009, sold by the developer: AED 581 per sqft for 1,071 sqft. It is the only registered sale of the unit.
What is the rent for unit B48?
AED 80,000 a year on the contract renewed on 22 September 2023. The previous contract, from September 2022, was AED 80,000; the unit has been rented since May 2018.
How big is unit B48?
1,071 sqft (99.5 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.
What is unit B48 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 B48, The Waves Tower B
Starts from the last sale price (AED 623K, 21 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 623,156
- Deposit, UAE resident (20%)
- AED 124,631
- Deposit, non-resident (40%)
- AED 249,262
- Monthly over 25 years at 3.7%
- AED 2,550
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →