Studio · 470 sqftBlue Wave Tower, Dubailand Residence Complex · 15th floor · completed 2023

1516, Blue Wave Tower

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1516 · DLD and Ejari recordsUpdated 1 August 2026

Last soldAED 430K26 November 2024

Current rentAED 42K /yr1 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1516, Blue Wave Tower

Today

What is 1516 worth today?

Last sold for AED 430,000 in 2024

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1 Aug 2026

1 Aug 2026RentedRenewal

AED 42,000/yr12 months · AED 89 per sqft

29 Jan 2026

29 Jan 2026RentedNew contract

AED 40,000/yr12 months · AED 84 per sqft

10 Nov 2025

10 Nov 2025RentedNew contract

AED 35,000/yr12 months · AED 74 per sqft

1 Aug 2025

1 Aug 2025RentedNew contract

AED 35,000/yr12 months · AED 74 per sqft

1 Aug 2025

1 Aug 2025RentedNew contract

AED 35,000/yr12 months · AED 74 per sqft

26 Nov 2024

26 Nov 2024SoldReady

AED 430,000AED 914 per sqft

26 Jan 2020

26 Jan 2020Sold by developerOff-plan

AED 399,000AED 862 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type: Studio apartment
Size: 470 sqft
Floor: 15th of 19
Parking: P1-41
Developer: Tiger Properties
Completed: 2023
Service charge: AED 7,300 /yr
Last sold: AED 430K · November 2024
Building: Blue Wave Tower

About 1516, Blue Wave Tower

1516 is a studio of 470 sqft on the 15th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 26 November 2024 for AED 430,000, or AED 914 per sqft, in line with the AED 903 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 5 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 42,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1516 over time

Sales

Unit 1516, each saleTypical studio in Blue Wave Tower

1516 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1516, each contractTypical studio in Blue Wave Tower

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 1516 sits

All 326 studios →

Studios in Blue Wave Tower · last 12 months953 /sqft Blue Wave Tower · all types955 /sqft

1516 last sold in November 2024 at AED 914 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 903). 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. 1516's AED 42,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
4 Nov 20264 November 2026	591 sqft	510,000	863
6 Oct 20266 October 2026	580 sqft	540,000	931
1 Oct 20261 October 2026	439 sqft	445,000	1,013
24 Sep 202624 September 2026	440 sqft	485,000	1,101

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


1501	Studio	573 sqft	No registered sale	45,000 /yr
1502	Studio	583 sqft	AED 443KAED 442,733 · Apr 2022April 2022	43,000 /yr
1503	Studio	574 sqft	AED 436KAED 436,107 · Dec 2022December 2022	45,000 /yr
1504	Studio	577 sqft	AED 485KAED 485,000 · Sep 2024September 2024	44,875 /yr
1505	Studio	378 sqft	AED 349KAED 349,000 · Mar 2023March 2023	40,000 /yr
1506	Studio	406 sqft	AED 349KAED 349,000 · Mar 2022March 2022	40,000 /yr
1507	1-bed	850 sqft	AED 680KAED 679,848 · Jun 2022June 2022	58,000 /yr
1508	1-bed	1,012 sqft	No registered sale	65,000 /yr
1509	1-bed	658 sqft	AED 660KAED 660,000 · Oct 2025October 2025	50,000 /yr
1510	1-bed	808 sqft	AED 760KAED 760,000 · Sep 2024September 2024
1511	1-bed	979 sqft	No registered sale	55,000 /yr
1512	1-bed	1,134 sqft	AED 882KAED 882,149 · Jan 2024January 2024
1513	1-bed	1,134 sqft	No registered sale	55,000 /yr
1514	1-bed	979 sqft	No registered sale	65,000 /yr
1515	1-bed	833 sqft	AED 626KAED 626,270 · Dec 2021December 2021	60,000 /yr
1517	2-bed	1,125 sqft	AED 898KAED 898,226 · Mar 2020March 2020	84,000 /yr
1518	Studio	418 sqft	AED 370KAED 370,000 · Mar 2020March 2020	37,000 /yr
1519	Studio	550 sqft	AED 431KAED 431,482 · Aug 2021August 2021	38,000 /yr
1520	1-bed	1,037 sqft	No registered sale	50,000 /yr
1521	Studio	382 sqft	AED 349KAED 349,000 · May 2023May 2023	40,000 /yr
1522	Studio	364 sqft	AED 349KAED 349,000 · Mar 2020March 2020	35,000 /yr
1523	2-bed	1,338 sqft	No registered sale	75,000 /yr
1524	Studio	455 sqft	AED 350KAED 350,000 · Oct 2023October 2023	42,000 /yr
1525	Studio	537 sqft	AED 460KAED 460,000 · May 2025May 2025	47,000 /yr
1526	Studio	581 sqft	AED 451KAED 450,632 · Feb 2022February 2022
1527	Studio	584 sqft	AED 467KAED 466,895 · Mar 2022March 2022	59,000 /yr
1528	Studio	571 sqft	AED 434KAED 433,815 · Oct 2022October 2022	35,000 /yr
1529	1-bed	838 sqft	No registered sale	60,000 /yr
1530	Studio	619 sqft	AED 520KAED 520,000 · Dec 2024December 2024	35,000 /yr
1531	Studio	440 sqft	AED 399KAED 399,000 · Feb 2020February 2020	45,000 /yr

1–7 of 30

1516, Blue Wave Tower in numbers

Sold twice: first on 26 January 2020 for AED 399,000, last on 26 November 2024 for AED 430,000 (AED 914 per sqft).
Rented since August 2025 on 5 Ejari contracts, from AED 35,000 to AED 42,000 a year.
At AED 42,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 7,300 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 August 2026.

Questions about 1516, Blue Wave Tower

What did unit 1516 last sell for?

AED 430,000 on 26 November 2024: AED 914 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 399,000 in January 2020.

What is the rent for unit 1516?

AED 42,000 a year on the contract renewed on 1 August 2026. The previous contract, from January 2026, was AED 40,000; the unit has been rented since August 2025.

How big is unit 1516?

470 sqft (43.7 sqm): a studio on the 15th floor of a 19-storey tower completed in 2023.

What is unit 1516 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 1516, Blue Wave Tower

Starts from the last sale price (AED 430K, 26 November 2024). Switch to today's estimate once you have unlocked it.

Price: AED 430,000
Deposit, UAE resident (20%): AED 86,000
Deposit, non-resident (40%): AED 172,000
Monthly over 25 years at 3.7%: AED 1,759

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