531, Blue Wave Tower
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 531, Blue Wave Tower
What is 531 worth today?
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Source: Dubai Land Department. Updated 7 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 439 sqft
- Floor
- 5th of 19
- Parking
- P1-34
- Developer
- Tiger Properties
- Completed
- 2023
- Service charge
- AED 6,800 /yr
- Last sold
- AED 399K · May 2023
- Building
- Blue Wave Tower
About 531, Blue Wave Tower
531 is a studio of 439 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 11 May 2023 for AED 399,000, or AED 908 per sqft, 14% above the AED 799 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 7 October 2026, is AED 40,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 6,800 a year.
Sales and rents for 531 over time
531 has sold twice; the dashed line is the studio median of each year in the building.
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 531 sits
All 326 studios →531 last sold in May 2023 at AED 908 per sqft, 14% above what studios in Blue Wave Tower were fetching at the time (AED 799). 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. 531's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 591 sqft | 510,000 | 863 | ||
| 6 Oct 20266 October 2026 | 580 sqft | 540,000 | 931 | ||
| 1 Oct 20261 October 2026 | 439 sqft | 445,000 | 1,013 | ||
| 24 Sep 202624 September 2026 | 440 sqft | 485,000 | 1,101 |
Blue Wave Tower
Building556 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%
Other units on the 5th floor
All 556 units in Blue Wave Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 574 sqft | AED 436KAED 435,695 · May 2023May 2023 | 50,000 /yr | |
| 502 | Studio | 586 sqft | AED 520KAED 520,000 · May 2026May 2026 | ||
| 503 | Studio | 575 sqft | AED 437KAED 436,845 · Mar 2022March 2022 | 44,000 /yr | |
| 504 | Studio | 571 sqft | AED 456KAED 456,475 · Feb 2021February 2021 | 58,000 /yr | |
| 505 | Studio | 378 sqft | AED 349KAED 349,000 · Oct 2023October 2023 | 45,000 /yr | |
| 506 | Studio | 408 sqft | AED 349KAED 349,000 · May 2023May 2023 | ||
| 507 | 1-bed | 849 sqft | AED 712KAED 711,521 · Nov 2022November 2022 | 56,000 /yr | |
| 508 | 1-bed | 1,012 sqft | No registered sale | 58,000 /yr | |
| 509 | 1-bed | 658 sqft | AED 558KAED 558,383 · Feb 2023February 2023 | ||
| 510 | 1-bed | 808 sqft | AED 611KAED 610,515 · Apr 2023April 2023 | 60,000 /yr | |
| 511 | 1-bed | 979 sqft | AED 816KAED 815,905 · Jun 2023June 2023 | 60,000 /yr | |
| 512 | 1-bed | 1,134 sqft | No registered sale | 65,000 /yr | |
| 513 | 1-bed | 1,134 sqft | No registered sale | 55,000 /yr | |
| 514 | 1-bed | 979 sqft | AED 840KAED 840,000 · Jan 2026January 2026 | ||
| 515 | 1-bed | 838 sqft | AED 652KAED 652,496 · Jan 2023January 2023 | 62,825 /yr | |
| 516 | Studio | 465 sqft | AED 399KAED 399,000 · Aug 2020August 2020 | 48,000 /yr | |
| 517 | 2-bed | 1,125 sqft | AED 898KAED 898,484 · Jan 2023January 2023 | ||
| 518 | Studio | 413 sqft | AED 445KAED 445,000 · Sep 2026September 2026 | 38,000 /yr | |
| 519 | Studio | 550 sqft | AED 440KAED 440,200 · Mar 2023March 2023 | 43,000 /yr | |
| 520 | 1-bed | 1,037 sqft | No registered sale | 55,000 /yr | |
| 521 | Studio | 382 sqft | AED 349KAED 349,000 · Mar 2023March 2023 | 39,000 /yr | |
| 523 | 2-bed | 1,338 sqft | No registered sale | 77,000 /yr | |
| 524 | Studio | 455 sqft | AED 422KAED 422,000 · Nov 2024November 2024 | 43,232 /yr | |
| 525 | Studio | 537 sqft | AED 450KAED 450,000 · Mar 2025March 2025 | ||
| 526 | Studio | 579 sqft | AED 400KAED 400,000 · Oct 2023October 2023 | ||
| 527 | Studio | 585 sqft | AED 460KAED 460,000 · Mar 2022March 2022 | 40,000 /yr | |
| 528 | Studio | 574 sqft | AED 445KAED 445,000 · Feb 2022February 2022 | 43,000 /yr | |
| 529 | 1-bed | 836 sqft | AED 701KAED 700,543 · Feb 2024February 2024 | 50,000 /yr | |
| 530 | Studio | 619 sqft | AED 590KAED 590,000 · Feb 2024February 2024 | 46,000 /yr |
531, Blue Wave Tower in numbers
- Sold twice: first on 28 April 2023 for AED 399,000, last on 11 May 2023 for AED 399,000 (AED 908 per sqft).
- Rented since June 2023 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 27,500 in 2025 and recovered to AED 40,000 by October 2026.
- At AED 40,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 6,800 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 7 October 2026.
Questions about 531, Blue Wave Tower
What did unit 531 last sell for?
AED 399,000 on 11 May 2023: AED 908 per sqft for 439 sqft. The unit has 2 registered sales; the first was AED 399,000 in April 2023.
What is the rent for unit 531?
AED 40,000 a year on the contract signed on 7 October 2026. The previous contract, from June 2025, was AED 36,097; the unit has been rented since June 2023.
How big is unit 531?
439 sqft (40.8 sqm): a studio on the 5th floor of a 19-storey tower completed in 2023.
What is unit 531 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 531, Blue Wave Tower
Starts from the last sale price (AED 399K, 11 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 399,000
- Deposit, UAE resident (20%)
- AED 79,800
- Deposit, non-resident (40%)
- AED 159,600
- Monthly over 25 years at 3.7%
- AED 1,632
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →