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Studio · 591 sqftBlue Wave Tower, Dubailand Residence Complex · 11th floor · completed 2023

1127, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1127 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 445K5 March 2023
Current rentAED 46K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1127, Blue Wave Tower

What is 1127 worth today?

Last sold for AED 445,431 in 2023

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1 Jul 2026RentedRenewal
AED 46,000/yr12 months · AED 78 per sqft
1 Jul 2025RentedRenewal
AED 46,000/yr12 months · AED 78 per sqft
1 Jul 2024RentedNew contract
AED 43,000/yr12 months · AED 73 per sqft
5 Mar 2023Sold by developerReady
AED 445,431AED 753 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
591 sqft
Floor
11th of 19
Parking
P3-23
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,200 /yr
Last sold
AED 445K · March 2023
Building
Blue Wave Tower

About 1127, Blue Wave Tower

1127 is a studio of 591 sqft on the 11th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 5 March 2023 for AED 445,431, or AED 753 per sqft, 6% below the AED 799 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 46,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 9,200 a year.

Sales and rents for 1127 over time

Sales
Unit 1127, each saleTypical studio in Blue Wave Tower
400K500K2020202220242026Typical sale price by year: 2020 AED 370,000; 2021 AED 435,860; 2022 AED 442,733; 2023 AED 400,000; 2024 AED 445,000; 2025 AED 455,000; 2026 AED 510,000Sold by developer, March 2023: AED 445,431 (AED 753 per sqft)

1127 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1127, each contractTypical studio in Blue Wave Tower
35K40K45K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, July 2024: AED 43,000 a yearRenewal, July 2025: AED 46,000 a yearRenewal, July 2026: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Blue Wave Tower, and where 1127 sits

All 326 studios →

1127 last sold in March 2023 at AED 753 per sqft, 6% below what studios in Blue Wave Tower were fetching at the time (AED 799). Over the last 12 months studios sold for AED 307,704 to 565,000, around AED 953 per sqft, and rent for AED 25,000 to 67,229 a year. 1127's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026510,000
6 Oct 2026540,000
1 Oct 2026445,000
24 Sep 2026485,000
31 studio 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

1127, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 5 March 2023 for AED 445,431, or AED 753 per sqft.
  • Rented since July 2024 on 3 Ejari contracts, from AED 43,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 9,200 a year (AED 15.54 per sqft).
  • Studios in Blue Wave Tower sold for AED 307,704–565,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 1127, Blue Wave Tower

What did unit 1127 last sell for?

AED 445,431 on 5 March 2023, sold by the developer: AED 753 per sqft for 591 sqft. It is the only registered sale of the unit.

What is the rent for unit 1127?

AED 46,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 46,000; the unit has been rented since July 2024.

How big is unit 1127?

591 sqft (54.9 sqm): a studio on the 11th floor of a 19-storey tower completed in 2023.

What is unit 1127 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Blue Wave Tower sold for AED 307,704 to 565,000 in the last 12 months, around AED 953 per sqft.

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Mortgage on 1127, Blue Wave Tower

Starts from the last sale price (AED 445K, 5 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 445,431
Deposit, UAE resident (20%)
AED 89,086
Deposit, non-resident (40%)
AED 178,172
Monthly over 25 years at 3.7%
AED 1,822

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