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Studio · 572 sqftBlue Wave Tower, Dubailand Residence Complex · 16th floor · completed 2023

1601, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 434K7 July 2021
Current rentAED 50K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Blue Wave Tower

What is 1601 worth today?

Last sold for AED 434,470 in 2021

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5 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 87 per sqft
15 Nov 2025RentedNew contract
AED 54,000/yr12 months · AED 95 per sqft
10 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
23 May 2024RentedNew contract
AED 42,000/yr12 months · AED 73 per sqft
1 May 2023RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
7 Jul 2021Sold by developerOff-plan
AED 434,470AED 759 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
Studio apartment
Size
572 sqft
Floor
16th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 434K · July 2021
Building
Blue Wave Tower

About 1601, Blue Wave Tower

1601 is a studio of 572 sqft on the 16th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 7 July 2021 for AED 434,470, or AED 759 per sqft, 5% below the AED 799 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 5 September 2026, is AED 50,000 a year: a gross yield of 11.5% on the 2021 price, before the service charge of about AED 8,900 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, July 2021: AED 434,470 (AED 759 per sqft)

1601 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1601, each contractTypical studio in Blue Wave Tower
40K60K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, May 2023: AED 40,000 a yearNew contract, May 2024: AED 42,000 a yearNew contract, June 2025: AED 60,000 a yearNew contract, November 2025: AED 54,000 a yearNew contract, September 2026: AED 50,000 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 1601 sits

All 326 studios →

1601 last sold in July 2021 at AED 759 per sqft, 5% below 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. 1601's AED 50,000 is in the upper 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 16th floor

All 556 units in Blue Wave Tower
Value
1602StudioAED 452K · Feb 2022
1603StudioAED 459K · Nov 2022
1604StudioAED 444K · Apr 2021
1605StudioAED 349K · Feb 2023
1606StudioAED 349K · Sep 2023
16071-bedAED 680K · Jun 2023
16081-bedNo registered sale
1–7 of 30

1601, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 7 July 2021 for AED 434,470, or AED 759 per sqft.
  • Rented since May 2023 on 5 Ejari contracts, from AED 40,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 11.5%, before a service charge of about AED 8,900 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 5 September 2026.

Questions about 1601, Blue Wave Tower

What did unit 1601 last sell for?

AED 434,470 on 7 July 2021, sold by the developer: AED 759 per sqft for 572 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 50,000 a year on the contract signed on 5 September 2026. The previous contract, from November 2025, was AED 54,000; the unit has been rented since May 2023.

How big is unit 1601?

572 sqft (53.1 sqm): a studio on the 16th floor of a 19-storey tower completed in 2023.

What is unit 1601 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 1601, Blue Wave Tower

Starts from the last sale price (AED 434K, 7 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 434,470
Deposit, UAE resident (20%)
AED 86,894
Deposit, non-resident (40%)
AED 173,788
Monthly over 25 years at 3.7%
AED 1,778

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