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Studio · 465 sqftBlue Wave Tower, Dubailand Residence Complex · 6th floor · completed 2023

616, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 13 October 2025
Last soldAED 391K10 February 2020
Current rentAED 42K /yr13 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, Blue Wave Tower

What is 616 worth today?

Last sold for AED 391,020 in 2020

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13 Oct 2025RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
10 Feb 2020Sold by developerOff-plan
AED 391,020AED 840 per sqft

Source: Dubai Land Department. Updated 13 October 2025.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
6th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 7,200 /yr
Last sold
AED 391K · February 2020
Building
Blue Wave Tower

About 616, Blue Wave Tower

616 is a studio of 465 sqft on the 6th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 10 February 2020 for AED 391,020, or AED 840 per sqft, 5% below the AED 885 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 October 2025. The current contract, signed on 13 October 2025, is AED 42,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 7,200 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, February 2020: AED 391,020 (AED 840 per sqft)

616 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 616, each contractTypical studio in Blue Wave Tower
35K40K20232024202520262027Typical rent by year: 2023 AED 35,000; 2024 AED 38,000; 2025 AED 42,000; 2026 AED 42,000New contract, October 2025: AED 42,000 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 616 sits

All 326 studios →

616 last sold in February 2020 at AED 840 per sqft, 5% below what studios in Blue Wave Tower were fetching at the time (AED 885). 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. 616's AED 42,000 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 6th floor

All 556 units in Blue Wave Tower
Value
601StudioAED 525K · Jul 2025
602StudioAED 530K · Jul 2026
603StudioAED 437K · Jul 2023
604StudioAED 450K · Feb 2025
605StudioAED 349K · Mar 2020
606StudioAED 349K · Mar 2022
6071-bedNo registered sale
1–7 of 30

616, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 10 February 2020 for AED 391,020, or AED 840 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 10.7%, before a service charge of about AED 7,200 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 13 October 2025.

Questions about 616, Blue Wave Tower

What did unit 616 last sell for?

AED 391,020 on 10 February 2020, sold by the developer: AED 840 per sqft for 465 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 42,000 a year on the contract signed on 13 October 2025.

How big is unit 616?

465 sqft (43.2 sqm): a studio on the 6th floor of a 19-storey tower completed in 2023.

What is unit 616 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 616, Blue Wave Tower

Starts from the last sale price (AED 391K, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 391,020
Deposit, UAE resident (20%)
AED 78,204
Deposit, non-resident (40%)
AED 156,408
Monthly over 25 years at 3.7%
AED 1,600

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