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1-bed · 657 sqftBlue Wave Tower, Dubailand Residence Complex · 4th floor · completed 2023

409, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 558K15 March 2022
Current rentAED 52K /yr16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Blue Wave Tower

What is 409 worth today?

Last sold for AED 558,383 in 2022

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16 Feb 2026RentedRenewal
AED 52,000/yr12 months · AED 79 per sqft
16 Feb 2025RentedRenewal
AED 52,000/yr12 months · AED 79 per sqft
15 Mar 2022Sold by developerOff-plan
AED 558,383AED 849 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
4th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 10,200 /yr
Last sold
AED 558K · March 2022
Building
Blue Wave Tower

About 409, Blue Wave Tower

409 is a one-bedroom apartment of 657 sqft on the 4th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 15 March 2022 for AED 558,383, or AED 849 per sqft, 12% above the AED 759 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 16 February 2026, is AED 52,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 10,200 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Blue Wave Tower
600K800K2020202220242026Typical sale price by year: 2020 AED 558,474; 2021 AED 629,150; 2022 AED 655,365; 2023 AED 651,248; 2024 AED 882,149; 2025 AED 770,078; 2026 AED 780,000Sold by developer, March 2022: AED 558,383 (AED 849 per sqft)

409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in Blue Wave Tower
50K55K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000Renewal, February 2025: AED 52,000 a yearRenewal, February 2026: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Blue Wave Tower, and where 409 sits

All 196 1-beds →

409 last sold in March 2022 at AED 849 per sqft, 12% above what one-beds in Blue Wave Tower were fetching at the time (AED 759). Over the last 12 months one-beds sold for AED 700,000 to 840,000, around AED 956 per sqft, and rent for AED 38,500 to 119,358 a year. 409's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026700,000
5 Sep 2026750,000
25 Aug 2026730,000
25 Jun 2026825,000
9 1-bed 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
402StudioAED 525K · Sep 2025
403StudioAED 460K · Nov 2022
404StudioAED 434K · Oct 2021
405StudioAED 390K · Jun 2024
406StudioAED 373K · Mar 2024
4071-bedNo registered sale
1–7 of 30

409, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 15 March 2022 for AED 558,383, or AED 849 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 10,200 a year (AED 15.54 per sqft).
  • One-beds in Blue Wave Tower sold for AED 700,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 16 February 2026.

Questions about 409, Blue Wave Tower

What did unit 409 last sell for?

AED 558,383 on 15 March 2022, sold by the developer: AED 849 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 52,000 a year on the contract renewed on 16 February 2026. The previous contract, from February 2025, was AED 52,000.

How big is unit 409?

657 sqft (61.0 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower completed in 2023.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blue Wave Tower sold for AED 700,000 to 840,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 409, Blue Wave Tower

Starts from the last sale price (AED 558K, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 558,383
Deposit, UAE resident (20%)
AED 111,677
Deposit, non-resident (40%)
AED 223,353
Monthly over 25 years at 3.7%
AED 2,285

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