424, Blue Wave Tower
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 424, Blue Wave Tower
What is 424 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 455 sqft
- Floor
- 4th of 19
- Parking
- P3-67
- Developer
- Tiger Properties
- Completed
- 2023
- Service charge
- AED 7,100 /yr
- Last sold
- AED 410K · March 2024
- Building
- Blue Wave Tower
About 424, Blue Wave Tower
424 is a studio of 455 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 8 March 2024 for AED 410,000, or AED 900 per sqft, 5% above the AED 857 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 16 October 2026, is AED 46,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 7,100 a year.
Sales and rents for 424 over time
424 has sold twice; the dashed line is the studio median of each year in the building.
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 424 sits
All 326 studios →424 last sold in March 2024 at AED 900 per sqft, 5% above what studios in Blue Wave Tower were fetching at the time (AED 857). 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. 424's AED 46,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 591 sqft | 510,000 | 863 | ||
| 6 Oct 20266 October 2026 | 580 sqft | 540,000 | 931 | ||
| 1 Oct 20261 October 2026 | 439 sqft | 445,000 | 1,013 | ||
| 24 Sep 202624 September 2026 | 440 sqft | 485,000 | 1,101 |
Blue Wave Tower
Building556 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%
Other units on the 4th floor
All 556 units in Blue Wave Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 574 sqft | AED 450KAED 449,900 · Feb 2023February 2023 | 43,000 /yr | |
| 402 | Studio | 586 sqft | AED 525KAED 525,000 · Sep 2025September 2025 | 50,000 /yr | |
| 403 | Studio | 575 sqft | AED 460KAED 459,834 · Nov 2022November 2022 | 45,000 /yr | |
| 404 | Studio | 571 sqft | AED 434KAED 433,651 · Oct 2021October 2021 | 48,000 /yr | |
| 405 | Studio | 378 sqft | AED 390KAED 390,000 · Jun 2024June 2024 | 38,000 /yr | |
| 406 | Studio | 408 sqft | AED 373KAED 373,000 · Mar 2024March 2024 | 45,000 /yr | |
| 407 | 1-bed | 849 sqft | No registered sale | 50,000 /yr | |
| 408 | 1-bed | 1,012 sqft | No registered sale | 50,000 /yr | |
| 409 | 1-bed | 657 sqft | AED 558KAED 558,383 · Mar 2022March 2022 | 52,000 /yr | |
| 410 | 1-bed | 808 sqft | AED 611KAED 610,515 · Jun 2023June 2023 | 60,000 /yr | |
| 411 | 1-bed | 979 sqft | AED 840KAED 840,000 · Dec 2025December 2025 | 85,533 /yr | |
| 412 | 1-bed | 1,134 sqft | No registered sale | 56,000 /yr | |
| 413 | 1-bed | 1,134 sqft | No registered sale | 60,000 /yr | |
| 414 | 1-bed | 979 sqft | AED 816KAED 815,905 · Jun 2023June 2023 | 65,000 /yr | |
| 415 | 1-bed | 832 sqft | AED 633KAED 632,522 · Feb 2022February 2022 | 65,000 /yr | |
| 416 | Studio | 470 sqft | AED 505KAED 505,000 · Nov 2025November 2025 | 40,500 /yr | |
| 417 | 2-bed | 1,125 sqft | AED 1.09MAED 1,090,000 · Nov 2024November 2024 | ||
| 418 | Studio | 413 sqft | AED 400KAED 400,000 · Sep 2025September 2025 | 40,000 /yr | |
| 419 | Studio | 550 sqft | AED 500KAED 500,000 · Sep 2025September 2025 | 38,000 /yr | |
| 420 | 1-bed | 1,037 sqft | No registered sale | 55,000 /yr | |
| 421 | Studio | 382 sqft | AED 400KAED 400,000 · Sep 2025September 2025 | 36,000 /yr | |
| 422 | Studio | 363 sqft | AED 363KAED 363,280 · Sep 2021September 2021 | 42,000 /yr | |
| 423 | 2-bed | 1,338 sqft | No registered sale | 72,000 /yr | |
| 425 | Studio | 537 sqft | AED 430KAED 429,781 · Mar 2022March 2022 | ||
| 426 | Studio | 579 sqft | AED 480KAED 480,000 · Jun 2024June 2024 | ||
| 427 | Studio | 585 sqft | AED 444KAED 444,287 · Mar 2022March 2022 | 49,000 /yr | |
| 428 | Studio | 574 sqft | AED 436KAED 435,860 · Sep 2021September 2021 | 43,000 /yr | |
| 429 | 1-bed | 836 sqft | AED 701KAED 700,543 · Jun 2023June 2023 | 50,000 /yr | |
| 430 | Studio | 613 sqft | AED 466KAED 465,965 · Dec 2022December 2022 | 40,000 /yr | |
| 431 | Studio | 439 sqft | AED 399KAED 399,000 · Oct 2020October 2020 | 39,000 /yr |
424, Blue Wave Tower in numbers
- Sold twice: first on 8 March 2020 for AED 399,000, last on 8 March 2024 for AED 410,000 (AED 900 per sqft).
- Rented since May 2023 on 5 Ejari contracts, from AED 36,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2024 price is 11.2%, before a service charge of about AED 7,100 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 16 October 2026.
Questions about 424, Blue Wave Tower
What did unit 424 last sell for?
AED 410,000 on 8 March 2024: AED 900 per sqft for 455 sqft. The unit has 2 registered sales; the first was AED 399,000 in March 2020.
What is the rent for unit 424?
AED 46,000 a year on the contract signed on 16 October 2026. The previous contract, from October 2025, was AED 43,000; the unit has been rented since May 2023.
How big is unit 424?
455 sqft (42.3 sqm): a studio on the 4th floor of a 19-storey tower completed in 2023.
What is unit 424 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 424, Blue Wave Tower
Starts from the last sale price (AED 410K, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →