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Studio · 586 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

502, Blue Wave Tower

Sold prices and rental history: sold twice, last in May 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 18 May 2026
Last soldAED 520K18 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Blue Wave Tower

What is 502 worth today?

Last sold for AED 520,000 in 2026

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18 May 2026SoldReady
AED 520,000AED 887 per sqft
4 Feb 2022Sold by developerOff-plan
AED 442,733AED 759 per sqft

Source: Dubai Land Department. Updated 18 May 2026.

Key facts

Type
Studio apartment
Size
586 sqft
Floor
5th of 19
Parking
P3-26
Developer
Tiger Properties
Completed
2023
Service charge
AED 9,100 /yr
Last sold
AED 520K · May 2026
Building
Blue Wave Tower

About 502, Blue Wave Tower

502 is a studio of 586 sqft on the 5th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 18 May 2026 for AED 520,000, or AED 887 per sqft, 8% below the AED 960 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, February 2022: AED 442,733 (AED 759 per sqft)Sold, May 2026: AED 520,000 (AED 887 per sqft)

502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 502, 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 42,000

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 502 sits

All 326 studios →

502 last sold in May 2026 at AED 887 per sqft, 8% below what studios in Blue Wave Tower were fetching at the time (AED 960). 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.

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
501StudioAED 436K · May 2023
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

502, Blue Wave Tower in numbers

  • Sold twice: first on 4 February 2022 for AED 442,733, last on 18 May 2026 for AED 520,000 (AED 887 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 18 May 2026.

Questions about 502, Blue Wave Tower

What did unit 502 last sell for?

AED 520,000 on 18 May 2026: AED 887 per sqft for 586 sqft. The unit has 2 registered sales; the first was AED 442,733 in February 2022.

How big is unit 502?

586 sqft (54.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2023.

What is unit 502 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 502, Blue Wave Tower

Starts from the last sale price (AED 520K, 18 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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