Studio · 619 sqftBlue Wave Tower, Dubailand Residence Complex · 15th floor · completed 2023

1530, Blue Wave Tower

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

Unit 1530 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 520K18 December 2024
Current rentAED 35K /yr12 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1530, Blue Wave Tower

What is 1530 worth today?

Last sold for AED 520,000 in 2024

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18 Dec 2024SoldReady
AED 520,000AED 840 per sqft
12 May 2024RentedRenewal
AED 35,000/yr12 months · AED 57 per sqft
12 May 2023RentedNew contract
AED 32,000/yr12 months · AED 52 per sqft
8 Jun 2022Sold by developerOff-plan
AED 494,537AED 799 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
Studio apartment
Size
619 sqft
Floor
15th of 19
Parking
P2-46
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,600 /yr
Last sold
AED 520K · December 2024

About 1530, Blue Wave Tower

1530 is a studio of 619 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 18 December 2024 for AED 520,000, or AED 840 per sqft, 6% below the AED 897 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 12 May 2024, is AED 35,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1530 over time

Sales
Unit 1530, 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, June 2022: AED 494,537 (AED 799 per sqft)Sold, December 2024: AED 520,000 (AED 840 per sqft)

1530 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1530, 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, May 2023: AED 32,000 a yearRenewal, May 2024: AED 35,000 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 1530 sits

All 326 studios →

1530 last sold in December 2024 at AED 840 per sqft, 6% below what studios in Blue Wave Tower were fetching at the time (AED 897). 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. 1530's AED 35,000 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

1530, Blue Wave Tower in numbers

  • Sold twice: first on 8 June 2022 for AED 494,537, last on 18 December 2024 for AED 520,000 (AED 840 per sqft).
  • Rented since May 2023 on 2 Ejari contracts, from AED 32,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 9,600 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 18 December 2024.

Questions about 1530, Blue Wave Tower

What did unit 1530 last sell for?

AED 520,000 on 18 December 2024: AED 840 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 494,537 in June 2022.

What is the rent for unit 1530?

AED 35,000 a year on the contract renewed on 12 May 2024. The previous contract, from May 2023, was AED 32,000.

How big is unit 1530?

619 sqft (57.5 sqm): a studio on the 15th floor of a 19-storey tower completed in 2023.

What is unit 1530 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 1530, Blue Wave Tower

Starts from the last sale price (AED 520K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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