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Studio · 455 sqftBlue Wave Tower, Dubailand Residence Complex · 12th floor · completed 2023

1224, Blue Wave Tower

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1224 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 350K18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1224, Blue Wave Tower

What is 1224 worth today?

Last sold for AED 350,000 in 2024

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18 Dec 2024SoldReady
AED 350,000AED 768 per sqft
19 Sep 2024Sold by developerReady
AED 399,000AED 876 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
12th of 19
Parking
P2-13
Developer
Tiger Properties
Completed
2023
Service charge
AED 7,100 /yr
Last sold
AED 350K · December 2024
Building
Blue Wave Tower

About 1224, Blue Wave Tower

1224 is a studio of 455 sqft on the 12th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 18 December 2024 for AED 350,000, or AED 768 per sqft, 14% below the AED 897 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1224 over time

Sales
Unit 1224, 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, September 2024: AED 399,000 (AED 876 per sqft)Sold, December 2024: AED 350,000 (AED 768 per sqft)

1224 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1224, each contractTypical studio in Blue Wave Tower
35K40K20232024202520262027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000

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 1224 sits

All 326 studios →

1224 last sold in December 2024 at AED 768 per sqft, 14% below what studios in Blue Wave Tower were fetching at the time (AED 897). 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.

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

1224, Blue Wave Tower in numbers

  • Sold twice: first on 19 September 2024 for AED 399,000, last on 18 December 2024 for AED 350,000 (AED 768 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 18 December 2024.

Questions about 1224, Blue Wave Tower

What did unit 1224 last sell for?

AED 350,000 on 18 December 2024: AED 768 per sqft for 455 sqft. The unit has 2 registered sales; the first was AED 399,000 in September 2024.

How big is unit 1224?

455 sqft (42.3 sqm): a studio on the 12th floor of a 19-storey tower completed in 2023.

What is unit 1224 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 1224, Blue Wave Tower

Starts from the last sale price (AED 350K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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