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Studio · 413 sqftBlue Wave Tower, Dubailand Residence Complex · 12th floor · completed 2023

1218, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1218 · DLD and Ejari recordsUpdated 29 January 2026
Last soldAED 370K29 April 2021
Current rentAED 44K /yr29 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1218, Blue Wave Tower

What is 1218 worth today?

Last sold for AED 370,000 in 2021

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29 Jan 2026RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
29 Jan 2026RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
29 Apr 2021Sold by developerOff-plan
AED 370,000AED 885 per sqft

Source: Dubai Land Department. Updated 29 January 2026.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
12th of 19
Parking
P4-41
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,400 /yr
Last sold
AED 370K · April 2021
Building
Blue Wave Tower

About 1218, Blue Wave Tower

1218 is a studio of 413 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 29 April 2021 for AED 370,000, or AED 885 per sqft, 4% above the AED 852 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 29 January 2026, is AED 44,000 a year: a gross yield of 11.9% on the 2021 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1218 over time

Sales
Unit 1218, 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, April 2021: AED 370,000 (AED 885 per sqft)

1218 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1218, 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, January 2026: AED 44,000 a yearNew contract, January 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 1218 sits

All 326 studios →

1218 last sold in April 2021 at AED 885 per sqft, 4% above what studios in Blue Wave Tower were fetching at the time (AED 852). 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. 1218'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
1206StudioAED 349K · Oct 2020
12071-bedAED 659K · Apr 2022
1–7 of 29

1218, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 29 April 2021 for AED 370,000, or AED 885 per sqft.
  • Rented since January 2026 on 2 Ejari contracts, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2021 price is 11.9%, before a service charge of about AED 6,400 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 29 January 2026.

Questions about 1218, Blue Wave Tower

What did unit 1218 last sell for?

AED 370,000 on 29 April 2021, sold by the developer: AED 885 per sqft for 413 sqft. It is the only registered sale of the unit.

What is the rent for unit 1218?

AED 44,000 a year on the contract signed on 29 January 2026. The previous contract, from January 2026, was AED 44,000.

How big is unit 1218?

413 sqft (38.4 sqm): a studio on the 12th floor of a 19-storey tower completed in 2023.

What is unit 1218 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 1218, Blue Wave Tower

Starts from the last sale price (AED 370K, 29 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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