Home
Dubai prices
About
Blog
Studio · 453 sqftBlue Wave Tower, Dubailand Residence Complex · 17th floor · completed 2023

1724, Blue Wave Tower

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

Unit 1724 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 399K11 February 2020
Current rentAED 42K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1724

Property timeline for 1724, Blue Wave Tower

What is 1724 worth today?

Last sold for AED 399,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2025RentedRenewal
AED 42,000/yr12 months · AED 92 per sqft
1 Dec 2024RentedRenewal
AED 40,000/yr12 months · AED 88 per sqft
11 Feb 2020Sold by developerOff-plan
AED 399,000AED 881 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
17th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 7,000 /yr
Last sold
AED 399K · February 2020
Building
Blue Wave Tower

About 1724, Blue Wave Tower

1724 is a studio of 453 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 11 February 2020 for AED 399,000, or AED 881 per sqft, in line with the AED 885 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 42,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 7,000 a year.

Sales and rents for 1724 over time

Sales
Unit 1724, 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, February 2020: AED 399,000 (AED 881 per sqft)

1724 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1724, 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 42,000Renewal, December 2024: AED 40,000 a yearRenewal, December 2025: 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 1724 sits

All 326 studios →

1724 last sold in February 2020 at AED 881 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 885). 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. 1724'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
1704StudioAED 480K · Dec 2024
1705StudioAED 349K · Mar 2020
1706StudioAED 349K · Apr 2023
17071-bedAED 680K · Oct 2024
1–7 of 30

1724, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 11 February 2020 for AED 399,000, or AED 881 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, from AED 40,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 10.5%, before a service charge of about AED 7,000 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 December 2025.

Questions about 1724, Blue Wave Tower

What did unit 1724 last sell for?

AED 399,000 on 11 February 2020, sold by the developer: AED 881 per sqft for 453 sqft. It is the only registered sale of the unit.

What is the rent for unit 1724?

AED 42,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 40,000.

How big is unit 1724?

453 sqft (42.1 sqm): a studio on the 17th floor of a 19-storey tower completed in 2023.

What is unit 1724 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.

Selling 1724? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1724, Blue Wave Tower

Starts from the last sale price (AED 399K, 11 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 399,000
Deposit, UAE resident (20%)
AED 79,800
Deposit, non-resident (40%)
AED 159,600
Monthly over 25 years at 3.7%
AED 1,632

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