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1-bed · 849 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

507, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 29 October 2026
Last soldAED 712K21 November 2022
Current rentAED 56K /yr29 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Blue Wave Tower

What is 507 worth today?

Last sold for AED 711,521 in 2022

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29 Oct 2026RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
25 May 2026RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
25 May 2025RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
25 May 2025RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
21 Nov 2022Sold by developerOff-plan
AED 711,521AED 835 per sqft

Source: Dubai Land Department. Updated 29 October 2026.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
5th of 19
Parking
B3-57
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,200 /yr
Last sold
AED 712K · November 2022
Building
Blue Wave Tower

About 507, Blue Wave Tower

507 is a one-bedroom apartment of 849 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 21 November 2022 for AED 711,521, or AED 835 per sqft, 6% above the AED 791 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 29 October 2026, is AED 56,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 13,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Blue Wave Tower
600K800K2020202220242026Typical sale price by year: 2020 AED 558,474; 2021 AED 629,150; 2022 AED 655,365; 2023 AED 651,248; 2024 AED 882,149; 2025 AED 770,078; 2026 AED 780,000Sold by developer, November 2022: AED 711,521 (AED 835 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in Blue Wave Tower
50K60K202320252027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000Renewal, May 2025: AED 60,000 a yearRenewal, May 2025: AED 60,000 a yearRenewal, May 2026: AED 44,000 a yearNew contract, October 2026: AED 56,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Blue Wave Tower, and where 507 sits

All 196 1-beds →

507 last sold in November 2022 at AED 835 per sqft, 6% above what one-beds in Blue Wave Tower were fetching at the time (AED 791). Over the last 12 months one-beds sold for AED 700,000 to 840,000, around AED 956 per sqft, and rent for AED 38,500 to 119,358 a year. 507's AED 56,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026700,000
5 Sep 2026750,000
25 Aug 2026730,000
25 Jun 2026825,000
9 1-bed 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
502StudioAED 520K · May 2026
503StudioAED 437K · Mar 2022
504StudioAED 456K · Feb 2021
505StudioAED 349K · Oct 2023
506StudioAED 349K · May 2023
5081-bedNo registered sale
1–7 of 29

507, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 21 November 2022 for AED 711,521, or AED 835 per sqft.
  • Rented since May 2025 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 44,000 in 2026 and recovered to AED 56,000 by October 2026.
  • At AED 56,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 13,200 a year (AED 15.54 per sqft).
  • One-beds in Blue Wave Tower sold for AED 700,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 29 October 2026.

Questions about 507, Blue Wave Tower

What did unit 507 last sell for?

AED 711,521 on 21 November 2022, sold by the developer: AED 835 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 56,000 a year on the contract signed on 29 October 2026. The previous contract, from May 2026, was AED 44,000; the unit has been rented since May 2025.

How big is unit 507?

849 sqft (78.9 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2023.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blue Wave Tower sold for AED 700,000 to 840,000 in the last 12 months, around AED 956 per sqft.

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Mortgage on 507, Blue Wave Tower

Starts from the last sale price (AED 712K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 711,521
Deposit, UAE resident (20%)
AED 142,304
Deposit, non-resident (40%)
AED 284,608
Monthly over 25 years at 3.7%
AED 2,911

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