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1-bed · 850 sqftBlue Wave Tower, Dubailand Residence Complex · 15th floor · completed 2023

1507, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 680K22 June 2022
Current rentAED 58K /yr3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1507, Blue Wave Tower

What is 1507 worth today?

Last sold for AED 679,848 in 2022

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3 Mar 2025RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft
3 Mar 2025RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft
2 Apr 2024RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
22 Jun 2022Sold by developerOff-plan
AED 679,848AED 799 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
15th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,200 /yr
Last sold
AED 680K · June 2022
Building
Blue Wave Tower

About 1507, Blue Wave Tower

1507 is a one-bedroom apartment of 850 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 22 June 2022 for AED 679,848, or AED 799 per sqft, 3% above the AED 775 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 3 March 2025, is AED 58,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 13,200 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, June 2022: AED 679,848 (AED 799 per sqft)

1507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Blue Wave Tower
50K55K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000New contract, April 2024: AED 55,000 a yearNew contract, March 2025: AED 58,000 a yearNew contract, March 2025: AED 58,000 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 1507 sits

All 196 1-beds →

1507 last sold in June 2022 at AED 799 per sqft, 3% above what one-beds in Blue Wave Tower were fetching at the time (AED 775). 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. 1507's AED 58,000 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 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
1505StudioAED 349K · Mar 2023
1506StudioAED 349K · Mar 2022
15081-bedNo registered sale
1–7 of 30

1507, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 22 June 2022 for AED 679,848, or AED 799 per sqft.
  • Rented since April 2024 on 3 Ejari contracts, from AED 55,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 13,200 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 3 March 2025.

Questions about 1507, Blue Wave Tower

What did unit 1507 last sell for?

AED 679,848 on 22 June 2022, sold by the developer: AED 799 per sqft for 850 sqft. It is the only registered sale of the unit.

What is the rent for unit 1507?

AED 58,000 a year on the contract signed on 3 March 2025. The previous contract, from March 2025, was AED 58,000; the unit has been rented since April 2024.

How big is unit 1507?

850 sqft (79.0 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2023.

What is unit 1507 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 1507, Blue Wave Tower

Starts from the last sale price (AED 680K, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 679,848
Deposit, UAE resident (20%)
AED 135,970
Deposit, non-resident (40%)
AED 271,939
Monthly over 25 years at 3.7%
AED 2,781

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