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Studio · 455 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

524, Blue Wave Tower

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

Unit 524 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 422K8 November 2024
Current rentAED 43K /yr27 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 524, Blue Wave Tower

What is 524 worth today?

Last sold for AED 422,000 in 2024

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27 Aug 2026RentedNew contract
AED 43,232/yr12 months · AED 96 per sqft
19 Jul 2025RentedNew contract
AED 43,000/yr12 months · AED 94 per sqft
21 Nov 2024RentedNew contract
AED 42,000/yr12 months · AED 93 per sqft
8 Nov 2024SoldReady
AED 422,000AED 926 per sqft
29 Jul 2024SoldReady
AED 360,000AED 790 per sqft
8 Mar 2020Sold by developerOff-plan
AED 399,000AED 881 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
5th of 19
Parking
P3-68
Developer
Tiger Properties
Completed
2023
Service charge
AED 7,100 /yr
Last sold
AED 422K · November 2024
Building
Blue Wave Tower

About 524, Blue Wave Tower

524 is a studio of 455 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 8 November 2024 for AED 422,000, or AED 926 per sqft, in line with the AED 903 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 27 August 2026, is AED 43,232 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 524 over time

Sales
Unit 524, 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 2020: AED 399,000 (AED 881 per sqft)Sold, July 2024: AED 360,000 (AED 790 per sqft)Sold, November 2024: AED 422,000 (AED 926 per sqft)

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

Rents
Unit 524, 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, November 2024: AED 42,000 a yearNew contract, July 2025: AED 43,000 a yearNew contract, August 2026: AED 43,232 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 524 sits

All 326 studios →

524 last sold in November 2024 at AED 926 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 903). 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. 524's AED 43,232 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

524, Blue Wave Tower in numbers

  • Sold 3 times: first on 8 March 2020 for AED 399,000, last on 8 November 2024 for AED 422,000 (AED 926 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, from AED 42,000 to AED 43,232 a year.
  • At AED 43,232 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 7,100 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 27 August 2026.

Questions about 524, Blue Wave Tower

What did unit 524 last sell for?

AED 422,000 on 8 November 2024: AED 926 per sqft for 455 sqft. The unit has 3 registered sales; the first was AED 399,000 in March 2020.

What is the rent for unit 524?

AED 43,232 a year on the contract signed on 27 August 2026. The previous contract, from July 2025, was AED 43,000; the unit has been rented since November 2024.

How big is unit 524?

455 sqft (42.3 sqm): a studio on the 5th floor of a 19-storey tower completed in 2023.

What is unit 524 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 524, Blue Wave Tower

Starts from the last sale price (AED 422K, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 422,000
Deposit, UAE resident (20%)
AED 84,400
Deposit, non-resident (40%)
AED 168,800
Monthly over 25 years at 3.7%
AED 1,727

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