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Studio · 378 sqftBlue Wave Tower, Dubailand Residence Complex · 15th floor · completed 2023

1505, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 349K31 March 2023
Current rentAED 40K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1505, Blue Wave Tower

What is 1505 worth today?

Last sold for AED 349,000 in 2023

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1 Feb 2026RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
1 Feb 2025RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
31 Mar 2023Sold by developerReady
AED 349,000AED 922 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
378 sqft
Floor
15th of 19
Parking
P3-18
Developer
Tiger Properties
Completed
2023
Service charge
AED 5,900 /yr
Last sold
AED 349K · March 2023
Building
Blue Wave Tower

About 1505, Blue Wave Tower

1505 is a studio of 378 sqft on the 15th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 31 March 2023 for AED 349,000, or AED 922 per sqft, 15% above the AED 799 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 February 2026, is AED 40,000 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 2023: AED 349,000 (AED 922 per sqft)

1505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1505, 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 42,000New contract, February 2025: AED 40,000 a yearNew contract, February 2026: AED 40,000 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 1505 sits

All 326 studios →

1505 last sold in March 2023 at AED 922 per sqft, 15% above what studios in Blue Wave Tower were fetching at the time (AED 799). 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. 1505's AED 40,000 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 15th floor

All 556 units in Blue Wave Tower
Value
1501StudioNo registered sale
1502StudioAED 443K · Apr 2022
1503StudioAED 436K · Dec 2022
1504StudioAED 485K · Sep 2024
1506StudioAED 349K · Mar 2022
15071-bedAED 680K · Jun 2022
15081-bedNo registered sale
1–7 of 30

1505, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 31 March 2023 for AED 349,000, or AED 922 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 5,900 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 1 February 2026.

Questions about 1505, Blue Wave Tower

What did unit 1505 last sell for?

AED 349,000 on 31 March 2023, sold by the developer: AED 922 per sqft for 378 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 40,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 40,000.

How big is unit 1505?

378 sqft (35.1 sqm): a studio on the 15th floor of a 19-storey tower completed in 2023.

What is unit 1505 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 1505, Blue Wave Tower

Starts from the last sale price (AED 349K, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 349,000
Deposit, UAE resident (20%)
AED 69,800
Deposit, non-resident (40%)
AED 139,600
Monthly over 25 years at 3.7%
AED 1,428

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