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Studio · 574 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

501, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in May 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 436K2 May 2023
Current rentAED 50K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Blue Wave Tower

What is 501 worth today?

Last sold for AED 435,695 in 2023

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25 May 2026RentedNew contract
AED 50,000/yr12 months · AED 87 per sqft
5 May 2025RentedNew contract
AED 50,000/yr12 months · AED 87 per sqft
2 May 2023Sold by developerReady
AED 435,695AED 758 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
Studio apartment
Size
574 sqft
Floor
5th of 19
Parking
P3-49
Developer
Tiger Properties
Completed
2023
Service charge
AED 8,900 /yr
Last sold
AED 436K · May 2023
Building
Blue Wave Tower

About 501, Blue Wave Tower

501 is a studio of 574 sqft on the 5th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 2 May 2023 for AED 435,695, or AED 758 per sqft, 5% below the AED 799 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 May 2026, is AED 50,000 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 8,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, May 2023: AED 435,695 (AED 758 per sqft)

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

Rents
Unit 501, each contractTypical studio in Blue Wave Tower
40K50K20232024202520262027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, May 2025: AED 50,000 a yearNew contract, May 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 501 sits

All 326 studios →

501 last sold in May 2023 at AED 758 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. 501'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 5th floor

All 556 units in Blue Wave Tower
Value
502StudioAED 520K · May 2026
503StudioAED 437K · Mar 2022
504StudioAED 456K · Feb 2021
505StudioAED 349K · Oct 2023
506StudioAED 349K · May 2023
5071-bedAED 712K · Nov 2022
5081-bedNo registered sale
1–7 of 29

501, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 2 May 2023 for AED 435,695, or AED 758 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 11.5%, 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 25 May 2026.

Questions about 501, Blue Wave Tower

What did unit 501 last sell for?

AED 435,695 on 2 May 2023, sold by the developer: AED 758 per sqft for 574 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 50,000 a year on the contract signed on 25 May 2026. The previous contract, from May 2025, was AED 50,000.

How big is unit 501?

574 sqft (53.3 sqm): a studio on the 5th floor of a 19-storey tower completed in 2023.

What is unit 501 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 501, Blue Wave Tower

Starts from the last sale price (AED 436K, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,695
Deposit, UAE resident (20%)
AED 87,139
Deposit, non-resident (40%)
AED 174,278
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 →