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Studio · 585 sqftBlue Wave Tower, Dubailand Residence Complex · 4th floor · completed 2023

427, 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 427 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 444K18 March 2022
Current rentAED 49K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 427, Blue Wave Tower

What is 427 worth today?

Last sold for AED 444,287 in 2022

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1 Aug 2026RentedNew contract
AED 49,000/yr12 months · AED 83 per sqft
1 Sep 2025RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
18 Mar 2022Sold by developerOff-plan
AED 444,287AED 759 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
585 sqft
Floor
4th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 444K · March 2022
Building
Blue Wave Tower

About 427, Blue Wave Tower

427 is a studio of 585 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 18 March 2022 for AED 444,287, or AED 759 per sqft, in line with the AED 759 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 August 2026, is AED 49,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 9,100 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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 444,287 (AED 759 per sqft)

427 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 427, 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, September 2025: AED 48,000 a yearNew contract, August 2026: AED 49,000 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 427 sits

All 326 studios →

427 last sold in March 2022 at AED 759 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 759). 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. 427's AED 49,000 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
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

427, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 18 March 2022 for AED 444,287, or AED 759 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 48,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2022 price is 11.0%, 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 August 2026.

Questions about 427, Blue Wave Tower

What did unit 427 last sell for?

AED 444,287 on 18 March 2022, sold by the developer: AED 759 per sqft for 585 sqft. It is the only registered sale of the unit.

What is the rent for unit 427?

AED 49,000 a year on the contract signed on 1 August 2026. The previous contract, from September 2025, was AED 48,000.

How big is unit 427?

585 sqft (54.3 sqm): a studio on the 4th floor of a 19-storey tower completed in 2023.

What is unit 427 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 427, Blue Wave Tower

Starts from the last sale price (AED 444K, 18 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 444,287
Deposit, UAE resident (20%)
AED 88,857
Deposit, non-resident (40%)
AED 177,715
Monthly over 25 years at 3.7%
AED 1,818

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