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Studio · 583 sqftBlue Wave Tower, Dubailand Residence Complex · 16th floor · completed 2023

1602, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 13 August 2026
Last soldAED 452K23 February 2022
Current rentAED 48K /yr13 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1602, Blue Wave Tower

What is 1602 worth today?

Last sold for AED 452,000 in 2022

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13 Aug 2026RentedRenewal
AED 48,000/yr12 months · AED 82 per sqft
23 Feb 2022Sold by developerOff-plan
AED 452,000AED 775 per sqft

Source: Dubai Land Department. Updated 13 August 2026.

Key facts

Type
Studio apartment
Size
583 sqft
Floor
16th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 452K · February 2022
Building
Blue Wave Tower

About 1602, Blue Wave Tower

1602 is a studio of 583 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 23 February 2022 for AED 452,000, or AED 775 per sqft, in line with the AED 759 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 August 2026. The current contract, renewed on 13 August 2026, is AED 48,000 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, February 2022: AED 452,000 (AED 775 per sqft)

1602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1602, each contractTypical studio in Blue Wave Tower
40K50K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000Renewal, August 2026: AED 48,000 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 1602 sits

All 326 studios →

1602 last sold in February 2022 at AED 775 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 759). 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. 1602's AED 48,000 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
1601StudioAED 434K · Jul 2021
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

1602, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 23 February 2022 for AED 452,000, or AED 775 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 10.6%, before a service charge of about AED 9,100 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 13 August 2026.

Questions about 1602, Blue Wave Tower

What did unit 1602 last sell for?

AED 452,000 on 23 February 2022, sold by the developer: AED 775 per sqft for 583 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 48,000 a year on the contract renewed on 13 August 2026.

How big is unit 1602?

583 sqft (54.2 sqm): a studio on the 16th floor of a 19-storey tower completed in 2023.

What is unit 1602 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 1602, Blue Wave Tower

Starts from the last sale price (AED 452K, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 452,000
Deposit, UAE resident (20%)
AED 90,400
Deposit, non-resident (40%)
AED 180,800
Monthly over 25 years at 3.7%
AED 1,849

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