2-bed · 1,540 sqftThe Waves Tower B, Dubai Marina · 7th floor · completed 2007

B76, The Waves Tower B

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B76 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 1.44M1 April 2022
Current rentAED 80K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B76, The Waves Tower B

What is B76 worth today?

Last sold for AED 1,440,000 in 2022

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1 Apr 2022SoldReady
AED 1,440,000AED 935 per sqft
1 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
1 Feb 2020RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
1 Feb 2019RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Feb 2018RentedRenewal
AED 135,000/yr12 months · AED 88 per sqft
1 Feb 2017RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
21 Mar 2014RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
13 Jul 2011Sold by developerReady
AED 495,000AED 321 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
7th of 10
Parking
B1-206
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 1.44M · April 2022

About B76, The Waves Tower B

B76 is a two-bedroom apartment of 1,540 sqft on the 7th floor of The Waves Tower B, a 10-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 1 April 2022 for AED 1,440,000, or AED 935 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 February 2021, is AED 80,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 24,000 a year.

Sales and rents for B76 over time

Sales
Unit B76, each saleTypical two-bed in The Waves Tower B
1M2M2009201320172021Typical 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, July 2011: AED 495,000 (AED 321 per sqft)Sold, April 2022: AED 1,440,000 (AED 935 per sqft)

B76 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B76, each contractTypical two-bed in The Waves Tower B
100K150K2014201820222026Typical 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, March 2014: AED 135,000 a yearNew contract, February 2017: AED 135,000 a yearRenewal, February 2018: AED 135,000 a yearRenewal, February 2019: AED 130,000 a yearRenewal, February 2020: AED 105,000 a yearRenewal, February 2021: AED 80,000 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 B76 sits

All 10 2-beds →

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. B76's AED 80,000 is at the bottom 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
25 Mar 20181,450,000
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 7th floor

All 86 units in The Waves Tower B
Value
B711-bedAED 860K · Jul 2011
B72B1-bedAED 1.78M · Apr 2014
B72a1-bedAED 1.56M · Jul 2013
B731-bedAED 775K · Dec 2008
B743-bedAED 2.5M · May 2022
B753-bedAED 2.7M · Aug 2022
B771-bedAED 1.44M · Jul 2026
1–7 of 9

B76, The Waves Tower B in numbers

  • Sold twice: first on 13 July 2011 for AED 495,000, last on 1 April 2022 for AED 1,440,000 (AED 935 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 135,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 5.6%, 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 1 April 2022.

Questions about B76, The Waves Tower B

What did unit B76 last sell for?

AED 1,440,000 on 1 April 2022: AED 935 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 495,000 in July 2011.

What is the rent for unit B76?

AED 80,000 a year on the contract renewed on 1 February 2021. The previous contract, from February 2020, was AED 105,000; the unit has been rented since March 2014.

How big is unit B76?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit B76 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 B76, The Waves Tower B

Starts from the last sale price (AED 1.44M, 1 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,000
Deposit, UAE resident (20%)
AED 288,000
Deposit, non-resident (40%)
AED 576,000
Monthly over 25 years at 3.7%
AED 5,891

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