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Studio · 419 sqftBlue Wave Tower, Dubailand Residence Complex · 7th floor · completed 2023

718, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 370K28 August 2022
Current rentAED 35K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718, Blue Wave Tower

What is 718 worth today?

Last sold for AED 370,000 in 2022

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15 Sep 2026RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
26 May 2025RentedRenewal
AED 36,000/yr12 months · AED 88 per sqft
26 May 2024RentedRenewal
AED 36,000/yr12 months · AED 88 per sqft
26 May 2023RentedNew contract
AED 36,000/yr12 months · AED 88 per sqft
28 Aug 2022Sold by developerOff-plan
AED 370,000AED 883 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
7th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,500 /yr
Last sold
AED 370K · August 2022
Building
Blue Wave Tower

About 718, Blue Wave Tower

718 is a studio of 419 sqft on the 7th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 28 August 2022 for AED 370,000, or AED 883 per sqft, 13% above the AED 784 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 15 September 2026, is AED 35,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 6,500 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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, August 2022: AED 370,000 (AED 883 per sqft)

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

Rents
Unit 718, 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, May 2023: AED 36,000 a yearRenewal, May 2024: AED 36,000 a yearRenewal, May 2025: AED 36,000 a yearNew contract, September 2026: AED 35,000 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 718 sits

All 326 studios →

718 last sold in August 2022 at AED 883 per sqft, 13% above what studios in Blue Wave Tower were fetching at the time (AED 784). 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. 718's AED 35,000 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 7th floor

All 556 units in Blue Wave Tower
Value
701StudioAED 436K · Apr 2023
702StudioAED 530K · May 2026
704StudioAED 434K · Aug 2021
705StudioAED 349K · Dec 2019
706StudioAED 349K · Dec 2020
7071-bedNo registered sale
7081-bedNo registered sale
1–7 of 29

718, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 28 August 2022 for AED 370,000, or AED 883 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 36,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 6,500 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 15 September 2026.

Questions about 718, Blue Wave Tower

What did unit 718 last sell for?

AED 370,000 on 28 August 2022, sold by the developer: AED 883 per sqft for 419 sqft. It is the only registered sale of the unit.

What is the rent for unit 718?

AED 35,000 a year on the contract signed on 15 September 2026. The previous contract, from May 2025, was AED 36,000; the unit has been rented since May 2023.

How big is unit 718?

419 sqft (38.9 sqm): a studio on the 7th floor of a 19-storey tower completed in 2023.

What is unit 718 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 718, Blue Wave Tower

Starts from the last sale price (AED 370K, 28 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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