B56, The Waves Tower B
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B56, The Waves Tower B
What is B56 worth today?
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Source: Dubai Land Department. Updated 10 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,540 sqft
- Floor
- 5th of 10
- Parking
- B1-241
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 24,000 /yr
- Last sold
- AED 980K · January 2009
- Building
- The Waves Tower B
About B56, The Waves Tower B
B56 is a two-bedroom apartment of 1,540 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 28 January 2009 for AED 980,000, or AED 636 per sqft, in line with the AED 636 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 10 May 2026, is AED 125,000 a year: a gross yield of 12.8% on the 2009 price, before the service charge of about AED 24,000 a year.
Sales and rents for B56 over time
B56 has sold once; the dashed line is the two-bed median of each year in the building.
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 B56 sits
All 10 2-beds →B56 last sold in January 2009 at AED 636 per sqft, in line with what two-beds in The Waves Tower B were fetching at the time (AED 636). 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. B56's AED 125,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 1,540 sqft | 2,525,000 | 1,639 | ||
| 28 Dec 202228 December 2022 | 1,855 sqft | 2,235,000 | 1,204 | ||
| 27 Jun 202227 June 2022 | 1,558 sqft | 1,950,000 | 1,251 | ||
| 1 Apr 20221 April 2022 | 1,540 sqft | 1,440,000 | 935 |
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 | |
| B53 | 1-bed | 1,190 sqft | AED 1MAED 1,000,000 · Mar 2014March 2014 | 115,000 /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 | |
| 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 |
B56, The Waves Tower B in numbers
- Sold once: by DAMAC PROPERTIES CO on 28 January 2009 for AED 980,000, or AED 636 per sqft.
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 119,644 to AED 90,000 in 2021 and recovered to AED 125,000 by May 2026.
- At AED 125,000 a year the gross yield on the 2009 price is 12.8%, 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 10 May 2026.
Questions about B56, The Waves Tower B
What did unit B56 last sell for?
AED 980,000 on 28 January 2009, sold by the developer: AED 636 per sqft for 1,540 sqft. It is the only registered sale of the unit.
What is the rent for unit B56?
AED 125,000 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 125,000; the unit has been rented since February 2014.
How big is unit B56?
1,540 sqft (143.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.
What is unit B56 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 B56, The Waves Tower B
Starts from the last sale price (AED 980K, 28 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →