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1-bed · 1,071 sqftThe Waves Tower B, Dubai Marina · 5th floor · completed 2007

B58, The Waves Tower B

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B58 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 1.58M25 June 2024
Current rentAED 70K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B58, The Waves Tower B

What is B58 worth today?

Last sold for AED 1,580,000 in 2024

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25 Jun 2024SoldReady
AED 1,580,000AED 1,475 per sqft
13 Apr 2021SoldReady
AED 800,000AED 746 per sqft
15 Jun 2020RentedRenewal
AED 70,000/yr12 months · AED 65 per sqft
15 Jun 2019RentedRenewal
AED 82,500/yr12 months · AED 77 per sqft
15 Jun 2018RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
1 May 2016RentedNew contract
AED 110,000/yr12 months · AED 102 per sqft
28 Dec 2009Sold by developerReady
AED 620,000AED 578 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
1-bed apartment
Size
1,071 sqft
Floor
5th of 10
Parking
B1-238
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 16,700 /yr
Last sold
AED 1.58M · June 2024
Building
The Waves Tower B

About B58, The Waves Tower B

B58 is a one-bedroom apartment of 1,071 sqft on the 5th 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 June 2024 for AED 1,580,000, or AED 1,475 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 June 2020, is AED 70,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 16,700 a year.

Sales and rents for B58 over time

Sales
Unit B58, each saleTypical one-bed in The Waves Tower B
500K1M1.5M2008201320182023Typical 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, December 2009: AED 620,000 (AED 578 per sqft)Sold, April 2021: AED 800,000 (AED 746 per sqft)Sold, June 2024: AED 1,580,000 (AED 1,475 per sqft)

B58 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B58, 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 2016: AED 110,000 a yearNew contract, June 2018: AED 90,000 a yearRenewal, June 2019: AED 82,500 a yearRenewal, June 2020: AED 70,000 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 B58 sits

All 54 1-beds →

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. B58's AED 70,000 is at the bottom 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 5th floor

All 86 units in The Waves Tower B
Value
B511-bedAED 950K · Aug 2011
B52a1-bedAED 1.25M · Jun 2013
B52b1-bedAED 950K · Jul 2011
B531-bedAED 1M · Mar 2014
B543-bedAED 3.2M · Jun 2025
B553-bedAED 1.4M · Mar 2011
B562-bedAED 980K · Jan 2009
1–7 of 9

B58, The Waves Tower B in numbers

  • Sold 3 times: first on 28 December 2009 for AED 620,000, last on 25 June 2024 for AED 1,580,000 (AED 1,475 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 110,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 4.4%, 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 25 June 2024.

Questions about B58, The Waves Tower B

What did unit B58 last sell for?

AED 1,580,000 on 25 June 2024: AED 1,475 per sqft for 1,071 sqft. The unit has 3 registered sales; the first was AED 620,000 in December 2009.

What is the rent for unit B58?

AED 70,000 a year on the contract renewed on 15 June 2020. The previous contract, from June 2019, was AED 82,500; the unit has been rented since May 2016.

How big is unit B58?

1,071 sqft (99.5 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit B58 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 B58, The Waves Tower B

Starts from the last sale price (AED 1.58M, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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