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Studio · 593 sqftBlue Wave Tower, Dubailand Residence Complex · 14th floor · completed 2023

1427, Blue Wave Tower

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

Unit 1427 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 300K24 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1427, Blue Wave Tower

What is 1427 worth today?

Last sold for AED 300,000 in 2024

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24 Oct 2024SoldReady
AED 300,000AED 506 per sqft
9 Jun 2022Sold by developerOff-plan
AED 457,557AED 783 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
Studio apartment
Size
593 sqft
Floor
14th of 19
Parking
P4-43
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,200 /yr
Last sold
AED 300K · October 2024
Building
Blue Wave Tower

About 1427, Blue Wave Tower

1427 is a studio of 593 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 24 October 2024 for AED 300,000, or AED 506 per sqft, 44% below the AED 900 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1427 over time

Sales
Unit 1427, each saleTypical studio in Blue Wave Tower
300K400K500K2020202220242026Typical 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, June 2022: AED 457,557 (AED 783 per sqft)Sold, October 2024: AED 300,000 (AED 506 per sqft)

1427 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1427, 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 1427 sits

All 326 studios →

1427 last sold in October 2024 at AED 506 per sqft, 44% below 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.

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

1427, Blue Wave Tower in numbers

  • Sold twice: first on 9 June 2022 for AED 457,557, last on 24 October 2024 for AED 300,000 (AED 506 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 24 October 2024.

Questions about 1427, Blue Wave Tower

What did unit 1427 last sell for?

AED 300,000 on 24 October 2024: AED 506 per sqft for 593 sqft. The unit has 2 registered sales; the first was AED 457,557 in June 2022.

How big is unit 1427?

593 sqft (55.1 sqm): a studio on the 14th floor of a 19-storey tower completed in 2023.

What is unit 1427 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 1427, Blue Wave Tower

Starts from the last sale price (AED 300K, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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