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Studio · 406 sqftBlue Wave Tower, Dubailand Residence Complex · 12th floor · completed 2023

1206, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 349K15 October 2020
Current rentAED 44K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1206, Blue Wave Tower

What is 1206 worth today?

Last sold for AED 349,000 in 2020

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1 Feb 2026RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
15 Oct 2020Sold by developerOff-plan
AED 349,000AED 859 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
12th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,300 /yr
Last sold
AED 349K · October 2020
Building
Blue Wave Tower

About 1206, Blue Wave Tower

1206 is a studio of 406 sqft on the 12th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 15 October 2020 for AED 349,000, or AED 859 per sqft, in line with the AED 885 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 44,000 a year: a gross yield of 12.6% on the 2020 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, October 2020: AED 349,000 (AED 859 per sqft)

1206 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1206, each contractTypical studio in Blue Wave Tower
35K40K45K20232024202520262027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, February 2026: AED 44,000 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 1206 sits

All 326 studios →

1206 last sold in October 2020 at AED 859 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 885). 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. 1206's AED 44,000 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 12th floor

All 556 units in Blue Wave Tower
Value
1201StudioAED 590K · Feb 2024
1202StudioAED 540K · May 2025
1203StudioAED 436K · Mar 2023
1204StudioAED 458K · Aug 2021
1205StudioAED 425K · Apr 2026
12071-bedAED 659K · Apr 2022
12081-bedNo registered sale
1–7 of 29

1206, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 15 October 2020 for AED 349,000, or AED 859 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2020 price is 12.6%, before a service charge of about AED 6,300 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 February 2026.

Questions about 1206, Blue Wave Tower

What did unit 1206 last sell for?

AED 349,000 on 15 October 2020, sold by the developer: AED 859 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 44,000 a year on the contract signed on 1 February 2026.

How big is unit 1206?

406 sqft (37.7 sqm): a studio on the 12th floor of a 19-storey tower completed in 2023.

What is unit 1206 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 1206, Blue Wave Tower

Starts from the last sale price (AED 349K, 15 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 349,000
Deposit, UAE resident (20%)
AED 69,800
Deposit, non-resident (40%)
AED 139,600
Monthly over 25 years at 3.7%
AED 1,428

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