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1-bed · 804 sqftBlue Wave Tower, Dubailand Residence Complex · 16th floor · completed 2023

1610, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 16 June 2024
Last soldAED 643K2 March 2020
Current rentAED 56K /yr16 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1610, Blue Wave Tower

What is 1610 worth today?

Last sold for AED 643,423 in 2020

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16 Jun 2024RentedNew contract
AED 56,000/yr12 months · AED 69 per sqft
20 May 2023RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
2 Mar 2020Sold by developerOff-plan
AED 643,423AED 799 per sqft

Source: Dubai Land Department. Updated 16 June 2024.

Key facts

Type
1-bed apartment
Size
804 sqft
Floor
16th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 643K · March 2020
Building
Blue Wave Tower

About 1610, Blue Wave Tower

1610 is a one-bedroom apartment of 804 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 2 March 2020 for AED 643,423, or AED 799 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 16 June 2024, is AED 56,000 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1610 over time

Sales
Unit 1610, 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, March 2020: AED 643,423 (AED 799 per sqft)

1610 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1610, 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 58,000New contract, May 2023: AED 55,000 a yearNew contract, June 2024: AED 56,000 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 1610 sits

All 196 1-beds →

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. 1610's AED 56,000 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

1610, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 2 March 2020 for AED 643,423, or AED 799 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 55,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2020 price is 8.7%, before a service charge of about AED 12,500 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 16 June 2024.

Questions about 1610, Blue Wave Tower

What did unit 1610 last sell for?

AED 643,423 on 2 March 2020, sold by the developer: AED 799 per sqft for 804 sqft. It is the only registered sale of the unit.

What is the rent for unit 1610?

AED 56,000 a year on the contract signed on 16 June 2024. The previous contract, from May 2023, was AED 55,000.

How big is unit 1610?

804 sqft (74.7 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2023.

What is unit 1610 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 1610, Blue Wave Tower

Starts from the last sale price (AED 643K, 2 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 643,423
Deposit, UAE resident (20%)
AED 128,685
Deposit, non-resident (40%)
AED 257,369
Monthly over 25 years at 3.7%
AED 2,632

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