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1-bed · 838 sqftBlue Wave Tower, Dubailand Residence Complex · 12th floor · completed 2023

1229, Blue Wave Tower

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

Unit 1229 · DLD and Ejari recordsUpdated 24 September 2025
Last soldAED 890K2 October 2024
Current rentAED 75K /yr24 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1229, Blue Wave Tower

What is 1229 worth today?

Last sold for AED 890,000 in 2024

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24 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
2 Oct 2024Sold by developerReady
AED 890,000AED 1,061 per sqft
29 Apr 2023RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 24 September 2025.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
12th of 19
Parking
B2-03
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,000 /yr
Last sold
AED 890K · October 2024
Building
Blue Wave Tower

About 1229, Blue Wave Tower

1229 is a one-bedroom apartment of 838 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 2 October 2024 for AED 890,000, or AED 1,061 per sqft, 35% above the AED 787 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 24 September 2025, is AED 75,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 13,000 a year.

Sales and rents for 1229 over time

Sales
Unit 1229, 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, October 2024: AED 890,000 (AED 1,061 per sqft)

1229 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1229, each contractTypical one-bed in Blue Wave Tower
40K60K80K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000New contract, April 2023: AED 38,000 a yearNew contract, September 2025: AED 75,000 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 1229 sits

All 196 1-beds →

1229 last sold in October 2024 at AED 1,061 per sqft, 35% above what one-beds in Blue Wave Tower were fetching at the time (AED 787). 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. 1229's AED 75,000 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 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

1229, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 2 October 2024 for AED 890,000, or AED 1,061 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 38,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 8.4%, 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 24 September 2025.

Questions about 1229, Blue Wave Tower

What did unit 1229 last sell for?

AED 890,000 on 2 October 2024, sold by the developer: AED 1,061 per sqft for 838 sqft. It is the only registered sale of the unit.

What is the rent for unit 1229?

AED 75,000 a year on the contract signed on 24 September 2025. The previous contract, from April 2023, was AED 38,000.

How big is unit 1229?

838 sqft (77.9 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2023.

What is unit 1229 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 1229, Blue Wave Tower

Starts from the last sale price (AED 890K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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