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Studio · 583 sqftBlue Wave Tower, Dubailand Residence Complex · 17th floor · completed 2023

1702, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 466K6 June 2022
Current rentAED 34K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1702, Blue Wave Tower

What is 1702 worth today?

Last sold for AED 466,034 in 2022

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10 Apr 2024RentedRenewal
AED 34,000/yr12 months · AED 58 per sqft
10 Apr 2023RentedNew contract
AED 34,000/yr12 months · AED 58 per sqft
6 Jun 2022Sold by developerOff-plan
AED 466,034AED 799 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
Studio apartment
Size
583 sqft
Floor
17th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 466K · June 2022
Building
Blue Wave Tower

About 1702, Blue Wave Tower

1702 is a studio of 583 sqft on the 17th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 6 June 2022 for AED 466,034, or AED 799 per sqft, 3% above the AED 775 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 34,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 466,034 (AED 799 per sqft)

1702 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1702, 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, April 2023: AED 34,000 a yearRenewal, April 2024: AED 34,000 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 1702 sits

All 326 studios →

1702 last sold in June 2022 at AED 799 per sqft, 3% above what studios in Blue Wave Tower were fetching at the time (AED 775). 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. 1702's AED 34,000 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 17th floor

All 556 units in Blue Wave Tower
Value
1701StudioAED 457K · Feb 2022
1703StudioAED 436K · Nov 2022
1704StudioAED 480K · Dec 2024
1705StudioAED 349K · Mar 2020
1706StudioAED 349K · Apr 2023
17071-bedAED 680K · Oct 2024
17081-bedNo registered sale
1–7 of 30

1702, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 6 June 2022 for AED 466,034, or AED 799 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2022 price is 7.3%, 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 10 April 2024.

Questions about 1702, Blue Wave Tower

What did unit 1702 last sell for?

AED 466,034 on 6 June 2022, sold by the developer: AED 799 per sqft for 583 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 34,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 34,000.

How big is unit 1702?

583 sqft (54.2 sqm): a studio on the 17th floor of a 19-storey tower completed in 2023.

What is unit 1702 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 1702, Blue Wave Tower

Starts from the last sale price (AED 466K, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 466,034
Deposit, UAE resident (20%)
AED 93,207
Deposit, non-resident (40%)
AED 186,414
Monthly over 25 years at 3.7%
AED 1,907

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