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Studio · 470 sqftBlue Wave Tower, Dubailand Residence Complex · 18th floor · completed 2023

1816, Blue Wave Tower

Sold prices and rental history: sold twice, last in February 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1816 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 515K10 February 2026
Current rentAED 36K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1816, Blue Wave Tower

What is 1816 worth today?

Last sold for AED 515,000 in 2026

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10 Feb 2026SoldReady
AED 515,000AED 1,095 per sqft
20 Mar 2025RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
20 Mar 2025RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
20 Mar 2024RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
8 Mar 2023Sold by developerReady
AED 399,000AED 848 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
Studio apartment
Size
470 sqft
Floor
18th of 19
Parking
P1-83
Developer
Tiger Properties
Completed
2023
Service charge
AED 7,300 /yr
Last sold
AED 515K · February 2026
Building
Blue Wave Tower

About 1816, Blue Wave Tower

1816 is a studio of 470 sqft on the 18th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 10 February 2026 for AED 515,000, or AED 1,095 per sqft, 16% above the AED 940 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 36,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1816 over time

Sales
Unit 1816, 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, March 2023: AED 399,000 (AED 848 per sqft)Sold, February 2026: AED 515,000 (AED 1,095 per sqft)

1816 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1816, 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, March 2024: AED 36,000 a yearRenewal, March 2025: AED 36,000 a yearRenewal, March 2025: AED 36,000 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 1816 sits

All 326 studios →

1816 last sold in February 2026 at AED 1,095 per sqft, 16% above what studios in Blue Wave Tower were fetching at the time (AED 940). 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. 1816's AED 36,000 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 18th floor

All 556 units in Blue Wave Tower
Value
1801StudioAED 457K · Nov 2022
1802StudioAED 443K · Jan 2022
1803StudioAED 490K · Sep 2026
1804StudioAED 530K · Apr 2026
1805StudioAED 381K · Apr 2023
1806StudioAED 349K · May 2023
18071-bedAED 825K · Jun 2026
1–7 of 30

1816, Blue Wave Tower in numbers

  • Sold twice: first on 8 March 2023 for AED 399,000, last on 10 February 2026 for AED 515,000 (AED 1,095 per sqft).
  • Rented since March 2024 on 3 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2026 price is 7.0%, before a service charge of about AED 7,300 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 February 2026.

Questions about 1816, Blue Wave Tower

What did unit 1816 last sell for?

AED 515,000 on 10 February 2026: AED 1,095 per sqft for 470 sqft. The unit has 2 registered sales; the first was AED 399,000 in March 2023.

What is the rent for unit 1816?

AED 36,000 a year on the contract renewed on 20 March 2025. The previous contract, from March 2025, was AED 36,000; the unit has been rented since March 2024.

How big is unit 1816?

470 sqft (43.7 sqm): a studio on the 18th floor of a 19-storey tower completed in 2023.

What is unit 1816 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 1816, Blue Wave Tower

Starts from the last sale price (AED 515K, 10 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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