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Studio · 586 sqftBlue Wave Tower, Dubailand Residence Complex · 4th floor · completed 2023

402, Blue Wave Tower

Sold prices and rental history: sold twice, last in September 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 525K29 September 2025
Current rentAED 50K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Blue Wave Tower

What is 402 worth today?

Last sold for AED 525,000 in 2025

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1 Nov 2026RentedRenewal
AED 50,000/yr12 months · AED 85 per sqft
1 Nov 2025RentedNew contract
AED 50,000/yr12 months · AED 85 per sqft
29 Sep 2025SoldReady
AED 525,000AED 896 per sqft
15 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
14 Mar 2022Sold by developerOff-plan
AED 442,733AED 759 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
586 sqft
Floor
4th of 19
Parking
P4-29
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 525K · September 2025
Building
Blue Wave Tower

About 402, Blue Wave Tower

402 is a studio of 586 sqft on the 4th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 29 September 2025 for AED 525,000, or AED 896 per sqft, in line with the AED 911 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 50,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 9,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 2022: AED 442,733 (AED 759 per sqft)Sold, September 2025: AED 525,000 (AED 896 per sqft)

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

Rents
Unit 402, each contractTypical studio in Blue Wave Tower
40K50K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, October 2024: AED 45,000 a yearNew contract, November 2025: AED 50,000 a yearRenewal, November 2026: AED 50,000 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 402 sits

All 326 studios →

402 last sold in September 2025 at AED 896 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 911). 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. 402's AED 50,000 is in the upper 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 4th floor

All 556 units in Blue Wave Tower
Value
401StudioAED 450K · Feb 2023
403StudioAED 460K · Nov 2022
404StudioAED 434K · Oct 2021
405StudioAED 390K · Jun 2024
406StudioAED 373K · Mar 2024
4071-bedNo registered sale
4081-bedNo registered sale
1–7 of 30

402, Blue Wave Tower in numbers

  • Sold twice: first on 14 March 2022 for AED 442,733, last on 29 September 2025 for AED 525,000 (AED 896 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 45,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 9,100 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 November 2026.

Questions about 402, Blue Wave Tower

What did unit 402 last sell for?

AED 525,000 on 29 September 2025: AED 896 per sqft for 586 sqft. The unit has 2 registered sales; the first was AED 442,733 in March 2022.

What is the rent for unit 402?

AED 50,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 50,000; the unit has been rented since October 2024.

How big is unit 402?

586 sqft (54.4 sqm): a studio on the 4th floor of a 19-storey tower completed in 2023.

What is unit 402 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 402, Blue Wave Tower

Starts from the last sale price (AED 525K, 29 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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