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1-bed · 838 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

515, Blue Wave Tower

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

Unit 515 · DLD and Ejari recordsUpdated 2 September 2025
Last soldAED 652K31 January 2023
Current rentAED 63K /yr2 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Blue Wave Tower

What is 515 worth today?

Last sold for AED 652,496 in 2023

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2 Sep 2025RentedNew contract
AED 62,825/yr12 months · AED 75 per sqft
2 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
25 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
31 Jan 2023Sold by developerOff-plan
AED 652,496AED 778 per sqft

Source: Dubai Land Department. Updated 2 September 2025.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
5th of 19
Parking
B3-71
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,000 /yr
Last sold
AED 652K · January 2023
Building
Blue Wave Tower

About 515, Blue Wave Tower

515 is a one-bedroom apartment of 838 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 31 January 2023 for AED 652,496, or AED 778 per sqft, in line with the AED 799 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 2 September 2025, is AED 62,825 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, January 2023: AED 652,496 (AED 778 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in Blue Wave Tower
50K60K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 53,000; 2025 AED 55,000; 2026 AED 58,000New contract, April 2023: AED 55,000 a yearNew contract, September 2024: AED 60,000 a yearNew contract, September 2025: AED 62,825 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 515 sits

All 196 1-beds →

515 last sold in January 2023 at AED 778 per sqft, in line with what one-beds in Blue Wave Tower were fetching at the time (AED 799). 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. 515's AED 62,825 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
5071-bedAED 712K · Nov 2022
1–7 of 29

515, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 31 January 2023 for AED 652,496, or AED 778 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, from AED 55,000 to AED 62,825 a year.
  • At AED 62,825 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 13,000 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 2 September 2025.

Questions about 515, Blue Wave Tower

What did unit 515 last sell for?

AED 652,496 on 31 January 2023, sold by the developer: AED 778 per sqft for 838 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 62,825 a year on the contract signed on 2 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since April 2023.

How big is unit 515?

838 sqft (77.9 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2023.

What is unit 515 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 515, Blue Wave Tower

Starts from the last sale price (AED 652K, 31 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 652,496
Deposit, UAE resident (20%)
AED 130,499
Deposit, non-resident (40%)
AED 260,998
Monthly over 25 years at 3.7%
AED 2,670

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