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1-bed · 838 sqftBlue Wave Tower, Dubailand Residence Complex · 14th floor · completed 2023

1429, Blue Wave Tower

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

Unit 1429 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 846K10 July 2024
Current rentAED 44K /yr8 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1429, Blue Wave Tower

What is 1429 worth today?

Last sold for AED 845,500 in 2024

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10 Jul 2024Sold by developerReady
AED 845,500AED 1,008 per sqft
8 May 2024RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
8 May 2023RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
14th of 19
Parking
B1-106
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,000 /yr
Last sold
AED 846K · July 2024
Building
Blue Wave Tower

About 1429, Blue Wave Tower

1429 is a one-bedroom apartment of 838 sqft on the 14th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 10 July 2024 for AED 845,500, or AED 1,008 per sqft, 30% above the AED 777 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 8 May 2024, is AED 44,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 13,000 a year.

Sales and rents for 1429 over time

Sales
Unit 1429, 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, July 2024: AED 845,500 (AED 1,008 per sqft)

1429 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1429, each contractTypical one-bed in Blue Wave Tower
40K50K60K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000New contract, May 2023: AED 40,000 a yearRenewal, May 2024: AED 44,000 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 1429 sits

All 196 1-beds →

1429 last sold in July 2024 at AED 1,008 per sqft, 30% above what one-beds in Blue Wave Tower were fetching at the time (AED 777). 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. 1429's AED 44,000 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 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

1429, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 10 July 2024 for AED 845,500, or AED 1,008 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 40,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 5.2%, 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 10 July 2024.

Questions about 1429, Blue Wave Tower

What did unit 1429 last sell for?

AED 845,500 on 10 July 2024, sold by the developer: AED 1,008 per sqft for 838 sqft. It is the only registered sale of the unit.

What is the rent for unit 1429?

AED 44,000 a year on the contract renewed on 8 May 2024. The previous contract, from May 2023, was AED 40,000.

How big is unit 1429?

838 sqft (77.9 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower completed in 2023.

What is unit 1429 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 1429, Blue Wave Tower

Starts from the last sale price (AED 846K, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 845,500
Deposit, UAE resident (20%)
AED 169,100
Deposit, non-resident (40%)
AED 338,200
Monthly over 25 years at 3.7%
AED 3,459

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