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Studio · 413 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

518, Blue Wave Tower

Sold prices and rental history: sold 3 times, last in September 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 24 October 2026
Last soldAED 445K16 September 2026
Current rentAED 38K /yr24 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Blue Wave Tower

What is 518 worth today?

Last sold for AED 445,000 in 2026

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24 Oct 2026RentedNew contract
AED 38,000/yr12 months · AED 92 per sqft
16 Sep 2026SoldReady
AED 445,000AED 1,077 per sqft
1 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
11 Jun 2025SoldReady
AED 430,000AED 1,041 per sqft
20 Jun 2024RentedNew contract
AED 36,750/yr12 months · AED 90 per sqft
24 Mar 2023Sold by developerReady
AED 370,000AED 895 per sqft

Source: Dubai Land Department. Updated 24 October 2026.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
5th of 19
Parking
P1-55
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,400 /yr
Last sold
AED 445K · September 2026
Building
Blue Wave Tower

About 518, Blue Wave Tower

518 is a studio of 413 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 16 September 2026 for AED 445,000, or AED 1,077 per sqft, 15% above the AED 935 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 24 October 2026, is AED 38,000 a year: a gross yield of 8.5% on the 2026 price, before the service charge of about AED 6,400 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, March 2023: AED 370,000 (AED 895 per sqft)Sold, June 2025: AED 430,000 (AED 1,041 per sqft)Sold, September 2026: AED 445,000 (AED 1,077 per sqft)

518 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 518, each contractTypical studio in Blue Wave Tower
35K40K202320252027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, June 2024: AED 36,750 a yearNew contract, September 2025: AED 40,000 a yearNew contract, October 2026: AED 38,000 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 518 sits

All 326 studios →

518 last sold in September 2026 at AED 1,077 per sqft, 15% above what studios in Blue Wave Tower were fetching at the time (AED 935). 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. 518's AED 38,000 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 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

518, Blue Wave Tower in numbers

  • Sold 3 times: first on 24 March 2023 for AED 370,000, last on 16 September 2026 for AED 445,000 (AED 1,077 per sqft).
  • Rented since June 2024 on 3 Ejari contracts, from AED 36,750 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2026 price is 8.5%, before a service charge of about AED 6,400 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 24 October 2026.

Questions about 518, Blue Wave Tower

What did unit 518 last sell for?

AED 445,000 on 16 September 2026: AED 1,077 per sqft for 413 sqft. The unit has 3 registered sales; the first was AED 370,000 in March 2023.

What is the rent for unit 518?

AED 38,000 a year on the contract signed on 24 October 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since June 2024.

How big is unit 518?

413 sqft (38.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2023.

What is unit 518 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 518, Blue Wave Tower

Starts from the last sale price (AED 445K, 16 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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