Studio · 447 sqftBlue Wave Tower, Dubailand Residence Complex · 2nd floor · completed 2023

216, Blue Wave Tower

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

Unit 216 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 390K13 February 2024
Current rentAED 40K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Blue Wave Tower

What is 216 worth today?

Last sold for AED 390,000 in 2024

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20 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 90 per sqft
1 Sep 2026RentedNew contract
AED 37,000/yr12 months · AED 83 per sqft
31 Aug 2025RentedRenewal
AED 40,000/yr12 months · AED 90 per sqft
31 Aug 2024RentedNew contract
AED 39,000/yr12 months · AED 87 per sqft
13 Feb 2024SoldReady
AED 390,000AED 872 per sqft
12 Jun 2023Sold by developerReady
AED 390,000AED 872 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
2nd of 19
Parking
B3-78
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,900 /yr
Last sold
AED 390K · February 2024

About 216, Blue Wave Tower

216 is a studio of 447 sqft on the 2nd floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 13 February 2024 for AED 390,000, or AED 872 per sqft, in line with the AED 848 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 20 October 2026, is AED 40,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 2023: AED 390,000 (AED 872 per sqft)Sold, February 2024: AED 390,000 (AED 872 per sqft)

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

Rents
Unit 216, each contractTypical studio in Blue Wave Tower
35K40K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, August 2024: AED 39,000 a yearRenewal, August 2025: AED 40,000 a yearNew contract, September 2026: AED 37,000 a yearNew contract, October 2026: 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 216 sits

All 326 studios →

216 last sold in February 2024 at AED 872 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 848). 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. 216'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 2nd floor

All 556 units in Blue Wave Tower
Value
201StudioNo registered sale
202StudioNo registered sale
203StudioAED 435K · May 2025
204StudioAED 440K · Feb 2023
205StudioAED 443K · Sep 2021
206StudioAED 436K · Apr 2023
207StudioAED 430K · Jan 2024
1–7 of 16

216, Blue Wave Tower in numbers

  • Sold twice: first on 12 June 2023 for AED 390,000, last on 13 February 2024 for AED 390,000 (AED 872 per sqft).
  • Rented since August 2024 on 4 Ejari contracts, from AED 39,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 6,900 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 20 October 2026.

Questions about 216, Blue Wave Tower

What did unit 216 last sell for?

AED 390,000 on 13 February 2024: AED 872 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 390,000 in June 2023.

What is the rent for unit 216?

AED 40,000 a year on the contract signed on 20 October 2026. The previous contract, from September 2026, was AED 37,000; the unit has been rented since August 2024.

How big is unit 216?

447 sqft (41.5 sqm): a studio on the 2nd floor of a 19-storey tower completed in 2023.

What is unit 216 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 216, Blue Wave Tower

Starts from the last sale price (AED 390K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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