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Studio · 574 sqftBlue Wave Tower, Dubailand Residence Complex · 17th floor · completed 2023

1703, Blue Wave Tower

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

Unit 1703 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 436K15 November 2022
Current rentAED 40K /yr4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1703, Blue Wave Tower

What is 1703 worth today?

Last sold for AED 436,107 in 2022

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4 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 70 per sqft
4 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
13 Feb 2023RentedNew contract
AED 34,000/yr12 months · AED 60 per sqft
15 Nov 2022Sold by developerOff-plan
AED 436,107AED 759 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
Studio apartment
Size
574 sqft
Floor
17th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 436K · November 2022
Building
Blue Wave Tower

About 1703, Blue Wave Tower

1703 is a studio of 574 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 15 November 2022 for AED 436,107, or AED 759 per sqft, 5% below the AED 799 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 4 February 2025, is AED 40,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 8,900 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, November 2022: AED 436,107 (AED 759 per sqft)

1703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, 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, February 2023: AED 34,000 a yearNew contract, February 2024: AED 40,000 a yearRenewal, February 2025: AED 40,000 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 1703 sits

All 326 studios →

1703 last sold in November 2022 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. 1703's AED 40,000 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
1702StudioAED 466K · Jun 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

1703, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 15 November 2022 for AED 436,107, or AED 759 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 9.2%, 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 4 February 2025.

Questions about 1703, Blue Wave Tower

What did unit 1703 last sell for?

AED 436,107 on 15 November 2022, sold by the developer: AED 759 per sqft for 574 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 40,000 a year on the contract renewed on 4 February 2025. The previous contract, from February 2024, was AED 40,000; the unit has been rented since February 2023.

How big is unit 1703?

574 sqft (53.3 sqm): a studio on the 17th floor of a 19-storey tower completed in 2023.

What is unit 1703 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 1703, Blue Wave Tower

Starts from the last sale price (AED 436K, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 436,107
Deposit, UAE resident (20%)
AED 87,221
Deposit, non-resident (40%)
AED 174,443
Monthly over 25 years at 3.7%
AED 1,784

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