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Studio · 574 sqftBlue Wave Tower, Dubailand Residence Complex · 4th floor · completed 2023

428, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 428 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 436K27 September 2021
Current rentAED 43K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 428, Blue Wave Tower

What is 428 worth today?

Last sold for AED 435,860 in 2021

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1 Sep 2024RentedNew contract
AED 43,000/yr12 months · AED 75 per sqft
3 May 2024RentedNew contract
AED 39,000/yr12 months · AED 68 per sqft
3 May 2023RentedNew contract
AED 39,000/yr12 months · AED 68 per sqft
27 Sep 2021Sold by developerOff-plan
AED 435,860AED 759 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
574 sqft
Floor
4th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 436K · September 2021
Building
Blue Wave Tower

About 428, Blue Wave Tower

428 is a studio of 574 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 27 September 2021 for AED 435,860, or AED 759 per sqft, 5% below the AED 799 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 43,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 8,900 a year.

Sales and rents for 428 over time

Sales
Unit 428, 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, September 2021: AED 435,860 (AED 759 per sqft)

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

Rents
Unit 428, each contractTypical studio in Blue Wave Tower
35K40K20232024202520262027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, May 2023: AED 39,000 a yearNew contract, May 2024: AED 39,000 a yearNew contract, September 2024: AED 43,000 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 428 sits

All 326 studios →

428 last sold in September 2021 at AED 759 per sqft, 5% below what studios in Blue Wave Tower were fetching at the time (AED 799). 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. 428's AED 43,000 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 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

428, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 27 September 2021 for AED 435,860, or AED 759 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 39,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 8,900 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 1 September 2024.

Questions about 428, Blue Wave Tower

What did unit 428 last sell for?

AED 435,860 on 27 September 2021, sold by the developer: AED 759 per sqft for 574 sqft. It is the only registered sale of the unit.

What is the rent for unit 428?

AED 43,000 a year on the contract signed on 1 September 2024. The previous contract, from May 2024, was AED 39,000; the unit has been rented since May 2023.

How big is unit 428?

574 sqft (53.3 sqm): a studio on the 4th floor of a 19-storey tower completed in 2023.

What is unit 428 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 428, Blue Wave Tower

Starts from the last sale price (AED 436K, 27 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 435,860
Deposit, UAE resident (20%)
AED 87,172
Deposit, non-resident (40%)
AED 174,344
Monthly over 25 years at 3.7%
AED 1,783

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