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1-bed · 839 sqftBlue Wave Tower, Dubailand Residence Complex · 11th floor · completed 2023

1115, Blue Wave Tower

Sold prices and rental history: sold twice, last in July 2023, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1115 · DLD and Ejari recordsUpdated 18 July 2023
Last soldAED 600K18 July 2023
Current rentAED 50K /yr13 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1115, Blue Wave Tower

What is 1115 worth today?

Last sold for AED 600,000 in 2023

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18 Jul 2023SoldReady
AED 600,000AED 715 per sqft
13 Mar 2023RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
20 Feb 2023Sold by developerReady
AED 632,930AED 754 per sqft

Source: Dubai Land Department. Updated 18 July 2023.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
11th of 19
Parking
B2-80
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,000 /yr
Last sold
AED 600K · July 2023
Building
Blue Wave Tower

About 1115, Blue Wave Tower

1115 is a one-bedroom apartment of 839 sqft on the 11th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 18 July 2023 for AED 600,000, or AED 715 per sqft, 10% below the AED 797 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 March 2023. The current contract, signed on 13 March 2023, is AED 50,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 1115 over time

Sales
Unit 1115, each saleTypical one-bed in Blue Wave Tower
600K800K2020202220242026Typical sale price by year: 2020 AED 558,474; 2021 AED 629,150; 2022 AED 655,365; 2023 AED 651,248; 2024 AED 882,149; 2025 AED 770,078; 2026 AED 780,000Sold by developer, February 2023: AED 632,930 (AED 754 per sqft)Sold, July 2023: AED 600,000 (AED 715 per sqft)

1115 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1115, each contractTypical one-bed in Blue Wave Tower
50K55K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000New contract, March 2023: AED 50,000 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 Blue Wave Tower, and where 1115 sits

All 196 1-beds →

1115 last sold in July 2023 at AED 715 per sqft, 10% below what one-beds in Blue Wave Tower were fetching at the time (AED 797). Over the last 12 months one-beds sold for AED 700,000 to 840,000, around AED 956 per sqft, and rent for AED 38,500 to 119,358 a year. 1115's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026700,000
5 Sep 2026750,000
25 Aug 2026730,000
25 Jun 2026825,000
9 1-bed sales in the last 12 months

Blue Wave Tower

Building

556 apartments, studios to 2-bed over 19 floors in Dubailand Residence Complex, completed in 2023 by Tiger Properties. 40 sold in the last 12 months.

Typical price per sqft
AED 955 Up 3.8%
Typical sale
AED 520K
Typical rent
AED 46K /yr
Typical yield
8.0%
Blue Wave Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 11th floor

All 556 units in Blue Wave Tower
Value
1101StudioAED 435K · Jan 2025
1102StudioAED 420K · Feb 2020
1103StudioAED 460K · Feb 2024
1104StudioAED 470K · May 2024
1105StudioAED 349K · May 2023
1106StudioAED 420K · May 2024
11071-bedNo registered sale
1–7 of 29

1115, Blue Wave Tower in numbers

  • Sold twice: first on 20 February 2023 for AED 632,930, last on 18 July 2023 for AED 600,000 (AED 715 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 13,000 a year (AED 15.54 per sqft).
  • One-beds in Blue Wave Tower sold for AED 700,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 18 July 2023.

Questions about 1115, Blue Wave Tower

What did unit 1115 last sell for?

AED 600,000 on 18 July 2023: AED 715 per sqft for 839 sqft. The unit has 2 registered sales; the first was AED 632,930 in February 2023.

What is the rent for unit 1115?

AED 50,000 a year on the contract signed on 13 March 2023.

How big is unit 1115?

839 sqft (77.9 sqm): a one-bedroom apartment on the 11th floor of a 19-storey tower completed in 2023.

What is unit 1115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blue Wave Tower sold for AED 700,000 to 840,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 1115, Blue Wave Tower

Starts from the last sale price (AED 600K, 18 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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