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Studio · 382 sqftBlue Wave Tower, Dubailand Residence Complex · 15th floor · completed 2023

1521, Blue Wave Tower

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

Unit 1521 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 349K5 May 2023
Current rentAED 40K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1521, Blue Wave Tower

What is 1521 worth today?

Last sold for AED 349,000 in 2023

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1 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
24 Jul 2025RentedRenewal
AED 38,000/yr12 months · AED 98 per sqft
24 Jul 2024RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
5 May 2023Sold by developerReady
AED 349,000AED 912 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
382 sqft
Floor
15th of 19
Parking
P2-49
Developer
Tiger Properties
Completed
2023
Service charge
AED 5,900 /yr
Last sold
AED 349K · May 2023
Building
Blue Wave Tower

About 1521, Blue Wave Tower

1521 is a studio of 382 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 5 May 2023 for AED 349,000, or AED 912 per sqft, 14% above the AED 799 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 October 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 1521 over time

Sales
Unit 1521, 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, May 2023: AED 349,000 (AED 912 per sqft)

1521 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1521, each contractTypical studio in Blue Wave Tower
35K40K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, July 2024: AED 38,000 a yearRenewal, July 2025: AED 38,000 a yearNew contract, October 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 1521 sits

All 326 studios →

1521 last sold in May 2023 at AED 912 per sqft, 14% 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. 1521'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
1505StudioAED 349K · Mar 2023
1506StudioAED 349K · Mar 2022
15071-bedAED 680K · Jun 2022
1–7 of 30

1521, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 5 May 2023 for AED 349,000, or AED 912 per sqft.
  • Rented since July 2024 on 3 Ejari contracts, from AED 38,000 to 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 October 2026.

Questions about 1521, Blue Wave Tower

What did unit 1521 last sell for?

AED 349,000 on 5 May 2023, sold by the developer: AED 912 per sqft for 382 sqft. It is the only registered sale of the unit.

What is the rent for unit 1521?

AED 40,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2025, was AED 38,000; the unit has been rented since July 2024.

How big is unit 1521?

382 sqft (35.5 sqm): a studio on the 15th floor of a 19-storey tower completed in 2023.

What is unit 1521 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 1521, Blue Wave Tower

Starts from the last sale price (AED 349K, 5 May 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 →