B53, The Waves Tower B
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B53, The Waves Tower B
What is B53 worth today?
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Source: Dubai Land Department. Updated 23 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,190 sqft
- Floor
- 5th of 10
- Parking
- B1-243
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1M · March 2014
- Building
- The Waves Tower B
About B53, The Waves Tower B
B53 is a one-bedroom apartment of 1,190 sqft on the 5th 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 31 March 2014 for AED 1,000,000, or AED 840 per sqft, 18% below the AED 1,023 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 23 October 2025, is AED 115,000 a year: a gross yield of 11.5% on the 2014 price, before the service charge of about AED 18,600 a year.
Sales and rents for B53 over time
B53 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 B53 sits
All 54 1-beds →B53 last sold in March 2014 at AED 840 per sqft, 18% below what one-beds in The Waves Tower B were fetching at the time (AED 1,023). 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. B53's AED 115,000 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 5th floor
All 86 units in The Waves Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B51 | 1-bed | 1,344 sqft | AED 950KAED 950,000 · Aug 2011August 2011 | 91,350 /yr | |
| B52a | 1-bed | 1,328 sqft | AED 1.25MAED 1,250,000 · Jun 2013June 2013 | 105,000 /yr | |
| B52b | 1-bed | 1,192 sqft | AED 950KAED 950,000 · Jul 2011July 2011 | 95,000 /yr | |
| B54 | 3-bed | 2,124 sqft | AED 3.2MAED 3,200,000 · Jun 2025June 2025 | 138,316 /yr | |
| B55 | 3-bed | 2,102 sqft | AED 1.4MAED 1,400,000 · Mar 2011March 2011 | 200,000 /yr | |
| B56 | 2-bed | 1,540 sqft | AED 980KAED 980,000 · Jan 2009January 2009 | 125,000 /yr | |
| B57 | 1-bed | 1,024 sqft | AED 1.55MAED 1,550,000 · Apr 2025April 2025 | 98,000 /yr | |
| B58 | 1-bed | 1,071 sqft | AED 1.58MAED 1,580,000 · Jun 2024June 2024 | 70,000 /yr | |
| B59 | 1-bed | 1,055 sqft | AED 595KAED 595,000 · Oct 2015October 2015 | 81,000 /yr |
B53, The Waves Tower B in numbers
- Sold once: by DAMAC PROPERTIES CO on 31 March 2014 for AED 1,000,000, or AED 840 per sqft.
- Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 115,000 by October 2025.
- At AED 115,000 a year the gross yield on the 2014 price is 11.5%, before a service charge of about AED 18,600 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 23 October 2025.
Questions about B53, The Waves Tower B
What did unit B53 last sell for?
AED 1,000,000 on 31 March 2014, sold by the developer: AED 840 per sqft for 1,190 sqft. It is the only registered sale of the unit.
What is the rent for unit B53?
AED 115,000 a year on the contract renewed on 23 October 2025. The previous contract, from October 2024, was AED 115,000; the unit has been rented since October 2019.
How big is unit B53?
1,190 sqft (110.6 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.
What is unit B53 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 B53, The Waves Tower B
Starts from the last sale price (AED 1M, 31 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →