Studio · 577 sqftBlue Wave Tower, Dubailand Residence Complex · 17th floor · completed 2023

1704, Blue Wave Tower

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 480K10 December 2024
Current rentAED 42K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Blue Wave Tower

What is 1704 worth today?

Last sold for AED 480,000 in 2024

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1 Jul 2026RentedNew contract
AED 42,000/yr12 months · AED 73 per sqft
1 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
1 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
10 Dec 2024SoldReady
AED 480,000AED 832 per sqft
2 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
6 Mar 2023RentedNew contract
AED 39,600/yr12 months · AED 68 per sqft
20 Dec 2021Sold by developerOff-plan
AED 435,124AED 759 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
577 sqft
Floor
17th of 19
Parking
P3-54
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,000 /yr
Last sold
AED 480K · December 2024

About 1704, Blue Wave Tower

1704 is a studio of 577 sqft on the 17th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 10 December 2024 for AED 480,000, or AED 832 per sqft, 8% below the AED 903 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 July 2026, is AED 42,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, December 2021: AED 435,124 (AED 759 per sqft)Sold, December 2024: AED 480,000 (AED 832 per sqft)

1704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1704, each contractTypical studio in Blue Wave Tower
35K40K45K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, March 2023: AED 39,600 a yearNew contract, March 2024: AED 40,000 a yearNew contract, April 2025: AED 45,000 a yearNew contract, April 2025: AED 45,000 a yearNew contract, July 2026: AED 42,000 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 1704 sits

All 326 studios →

1704 last sold in December 2024 at AED 832 per sqft, 8% below what studios in Blue Wave Tower were fetching at the time (AED 903). 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. 1704's AED 42,000 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
1703StudioAED 436K · Nov 2022
1705StudioAED 349K · Mar 2020
1706StudioAED 349K · Apr 2023
17071-bedAED 680K · Oct 2024
17081-bedNo registered sale
1–7 of 30

1704, Blue Wave Tower in numbers

  • Sold twice: first on 20 December 2021 for AED 435,124, last on 10 December 2024 for AED 480,000 (AED 832 per sqft).
  • Rented since March 2023 on 5 Ejari contracts, from AED 39,600 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 9,000 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 1 July 2026.

Questions about 1704, Blue Wave Tower

What did unit 1704 last sell for?

AED 480,000 on 10 December 2024: AED 832 per sqft for 577 sqft. The unit has 2 registered sales; the first was AED 435,124 in December 2021.

What is the rent for unit 1704?

AED 42,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2025, was AED 45,000; the unit has been rented since March 2023.

How big is unit 1704?

577 sqft (53.6 sqm): a studio on the 17th floor of a 19-storey tower completed in 2023.

What is unit 1704 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 1704, Blue Wave Tower

Starts from the last sale price (AED 480K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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