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Studio · 455 sqftBlue Wave Tower, Dubailand Residence Complex · 14th floor · completed 2023

1424, Blue Wave Tower

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

Unit 1424 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 425K7 November 2024
Current rentAED 43K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1424, Blue Wave Tower

What is 1424 worth today?

Last sold for AED 425,000 in 2024

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10 May 2026RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
3 Oct 2025RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
7 Nov 2024SoldReady
AED 425,000AED 933 per sqft
1 Jun 2023RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
24 Mar 2022Sold by developerOff-plan
AED 420,000AED 928 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
14th of 19
Parking
P4-07
Developer
Tiger Properties
Completed
2023
Service charge
AED 7,100 /yr
Last sold
AED 425K · November 2024
Building
Blue Wave Tower

About 1424, Blue Wave Tower

1424 is a studio of 455 sqft on the 14th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 7 November 2024 for AED 425,000, or AED 933 per sqft, 4% above the AED 900 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 May 2026, is AED 43,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1424 over time

Sales
Unit 1424, 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 2022: AED 420,000 (AED 928 per sqft)Sold, November 2024: AED 425,000 (AED 933 per sqft)

1424 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1424, each contractTypical studio in Blue Wave Tower
30K40K20232024202520262027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, June 2023: AED 30,000 a yearNew contract, October 2025: AED 43,000 a yearNew contract, May 2026: AED 43,000 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 1424 sits

All 326 studios →

1424 last sold in November 2024 at AED 933 per sqft, 4% above what studios in Blue Wave Tower were fetching at the time (AED 900). 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. 1424's AED 43,000 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 14th floor

All 556 units in Blue Wave Tower
Value
1401StudioAED 457K · Oct 2022
1402StudioAED 443K · Apr 2021
1403StudioAED 436K · May 2021
1404StudioNo registered sale
1405StudioAED 349K · May 2023
1406StudioAED 349K · Mar 2022
14071-bedNo registered sale
1–7 of 30

1424, Blue Wave Tower in numbers

  • Sold twice: first on 24 March 2022 for AED 420,000, last on 7 November 2024 for AED 425,000 (AED 933 per sqft).
  • Rented since June 2023 on 3 Ejari contracts, from AED 30,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 10.1%, before a service charge of about AED 7,100 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 10 May 2026.

Questions about 1424, Blue Wave Tower

What did unit 1424 last sell for?

AED 425,000 on 7 November 2024: AED 933 per sqft for 455 sqft. The unit has 2 registered sales; the first was AED 420,000 in March 2022.

What is the rent for unit 1424?

AED 43,000 a year on the contract signed on 10 May 2026. The previous contract, from October 2025, was AED 43,000; the unit has been rented since June 2023.

How big is unit 1424?

455 sqft (42.3 sqm): a studio on the 14th floor of a 19-storey tower completed in 2023.

What is unit 1424 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 1424, Blue Wave Tower

Starts from the last sale price (AED 425K, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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