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Studio · 402 sqftWavez Residence, Liwan · 10th floor · completed 2022

A1007, Wavez Residence

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1007 · DLD and Ejari recordsUpdated 15 November 2026
Last soldAED 375K11 December 2019
Current rentAED 42K /yr15 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1007, Wavez Residence

What is A1007 worth today?

Last sold for AED 375,000 in 2019

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15 Nov 2026RentedNew contract
AED 42,000/yr12 months · AED 104 per sqft
5 Oct 2025RentedRenewal
AED 38,000/yr12 months · AED 94 per sqft
5 Oct 2024RentedRenewal
AED 36,000/yr12 months · AED 89 per sqft
11 Dec 2019Sold by developerOff-plan
AED 375,000AED 933 per sqft

Source: Dubai Land Department. Updated 15 November 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
10th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 375K · December 2019
Building
Wavez Residence

About A1007, Wavez Residence

A1007 is a studio of 402 sqft on the 10th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 11 December 2019 for AED 375,000, or AED 933 per sqft, 7% above the AED 868 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 November 2026, is AED 42,000 a year: a gross yield of 11.2% on the 2019 price.

Sales and rents for A1007 over time

Sales
Unit A1007, each saleTypical studio in Wavez Residence
400K500K20192021202320252027Typical sale price by year: 2019 AED 351,750; 2020 AED 350,000; 2021 AED 350,000; 2022 AED 337,000; 2023 AED 365,000; 2024 AED 437,500; 2025 AED 520,000; 2026 AED 500,000Sold by developer, December 2019: AED 375,000 (AED 933 per sqft)

A1007 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A1007, each contractTypical studio in Wavez Residence
35K40K202320252027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, October 2024: AED 36,000 a yearRenewal, October 2025: AED 38,000 a yearNew contract, November 2026: 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 Wavez Residence, and where A1007 sits

All 338 studios →

A1007 last sold in December 2019 at AED 933 per sqft, 7% above what studios in Wavez Residence were fetching at the time (AED 868). Over the last 12 months studios sold for AED 304,570 to 639,999, around AED 1,246 per sqft, and rent for AED 35,000 to 60,000 a year. A1007's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026460,000
2 Nov 2026462,000
21 Sep 2026450,000
9 Sep 2026505,000
28 studio sales in the last 12 months

Wavez Residence

Building

414 apartments, studios to 1-bed over 10 floors in Liwan, completed in 2022 by Danube Properties Development. 37 sold in the last 12 months.

Typical price per sqft
AED 1,229 Up 2.2%
Typical sale
AED 520K
Typical rent
AED 42K /yr
Typical yield
8.2%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 10th floor

All 414 units in Wavez Residence
Value
A10011-bedAED 635K · Feb 2020
A10021-bedAED 690K · Jan 2024
A10031-bedAED 631K · Mar 2020
A10041-bedAED 631K · Mar 2020
A1005StudioAED 397K · Sep 2025
A1006StudioAED 515K · Nov 2025
A1008StudioAED 455K · Mar 2025
1–7 of 41

A1007, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 11 December 2019 for AED 375,000, or AED 933 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 36,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2019 price is 11.2%.
  • Studios in Wavez Residence sold for AED 304,570–639,999 in the 12 months to November 2026; the building's median across all types is AED 1,229 per sqft.

Source: Dubai Land Department. Updated 15 November 2026.

Questions about A1007, Wavez Residence

What did unit A1007 last sell for?

AED 375,000 on 11 December 2019, sold by the developer: AED 933 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit A1007?

AED 42,000 a year on the contract signed on 15 November 2026. The previous contract, from October 2025, was AED 38,000; the unit has been rented since October 2024.

How big is unit A1007?

402 sqft (37.3 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit A1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Wavez Residence sold for AED 304,570 to 639,999 in the last 12 months, around AED 1,246 per sqft.

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Mortgage on A1007, Wavez Residence

Starts from the last sale price (AED 375K, 11 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

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