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1-bed · 657 sqftBlue Wave Tower, Dubailand Residence Complex · 16th floor · completed 2023

1609, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 558K26 July 2020
Current rentAED 57K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1609, Blue Wave Tower

What is 1609 worth today?

Last sold for AED 558,474 in 2020

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10 Jan 2026RentedNew contract
AED 57,000/yr12 months · AED 87 per sqft
10 Jul 2025RentedRenewal
AED 47,250/yr12 months · AED 72 per sqft
10 Jul 2024RentedRenewal
AED 47,250/yr12 months · AED 72 per sqft
26 Jul 2020Sold by developerOff-plan
AED 558,474AED 849 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
16th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 10,200 /yr
Last sold
AED 558K · July 2020
Building
Blue Wave Tower

About 1609, Blue Wave Tower

1609 is a one-bedroom apartment of 657 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 26 July 2020 for AED 558,474, or AED 849 per sqft, 3% above the AED 824 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 10 January 2026, is AED 57,000 a year: a gross yield of 10.2% on the 2020 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Blue Wave Tower
600K800K2020202220242026Typical sale price by year: 2020 AED 558,474; 2021 AED 629,150; 2022 AED 655,365; 2023 AED 651,248; 2024 AED 882,149; 2025 AED 770,078; 2026 AED 780,000Sold by developer, July 2020: AED 558,474 (AED 849 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Blue Wave Tower
50K55K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000Renewal, July 2024: AED 47,250 a yearRenewal, July 2025: AED 47,250 a yearNew contract, January 2026: AED 57,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Blue Wave Tower, and where 1609 sits

All 196 1-beds →

1609 last sold in July 2020 at AED 849 per sqft, 3% above what one-beds in Blue Wave Tower were fetching at the time (AED 824). Over the last 12 months one-beds sold for AED 700,000 to 840,000, around AED 956 per sqft, and rent for AED 38,500 to 119,358 a year. 1609's AED 57,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026700,000
5 Sep 2026750,000
25 Aug 2026730,000
25 Jun 2026825,000
9 1-bed 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
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
1–7 of 30

1609, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 26 July 2020 for AED 558,474, or AED 849 per sqft.
  • Rented since July 2024 on 3 Ejari contracts, from AED 47,250 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2020 price is 10.2%, before a service charge of about AED 10,200 a year (AED 15.54 per sqft).
  • One-beds in Blue Wave Tower sold for AED 700,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 10 January 2026.

Questions about 1609, Blue Wave Tower

What did unit 1609 last sell for?

AED 558,474 on 26 July 2020, sold by the developer: AED 849 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 57,000 a year on the contract signed on 10 January 2026. The previous contract, from July 2025, was AED 47,250; the unit has been rented since July 2024.

How big is unit 1609?

657 sqft (61.0 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2023.

What is unit 1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blue Wave Tower sold for AED 700,000 to 840,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 1609, Blue Wave Tower

Starts from the last sale price (AED 558K, 26 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 558,474
Deposit, UAE resident (20%)
AED 111,695
Deposit, non-resident (40%)
AED 223,390
Monthly over 25 years at 3.7%
AED 2,285

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