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Studio · 399 sqftWavez Residence, Liwan · 10th floor · completed 2022

A1008, Wavez Residence

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1008 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 455K27 March 2025
Current rentAED 44K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1008, Wavez Residence

What is A1008 worth today?

Last sold for AED 455,000 in 2025

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5 Nov 2025RentedNew contract
AED 44,000/yr12 months · AED 110 per sqft
5 Nov 2025RentedNew contract
AED 48,000/yr11 months · AED 120 per sqft
1 May 2025RentedNew contract
AED 40,000/yr6 months · AED 100 per sqft
27 Mar 2025SoldReady
AED 455,000AED 1,141 per sqft
1 May 2024RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
22 Mar 2020Sold by developerOff-plan
AED 375,000AED 927 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
10th of 10
Parking
P2-192
Developer
Danube Properties Development
Completed
2022
Last sold
AED 455K · March 2025
Building
Wavez Residence

About A1008, Wavez Residence

A1008 is a studio of 399 sqft on the 10th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 27 March 2025 for AED 455,000, or AED 1,141 per sqft, 3% above the AED 1,105 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 5 November 2025, is AED 44,000 a year: a gross yield of 9.7% on the 2025 price.

Sales and rents for A1008 over time

Sales
Unit A1008, 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, March 2020: AED 375,000 (AED 927 per sqft)Sold, March 2025: AED 455,000 (AED 1,141 per sqft)

A1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A1008, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, May 2024: AED 40,000 a yearNew contract, May 2025: AED 40,000 a yearNew contract, November 2025: AED 44,000 a yearNew contract, November 2025: AED 48,000 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 A1008 sits

All 338 studios →

A1008 last sold in March 2025 at AED 1,141 per sqft, 3% above what studios in Wavez Residence were fetching at the time (AED 1,105). 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. A1008's AED 44,000 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
A1007StudioAED 375K · Dec 2019
1–7 of 41

A1008, Wavez Residence in numbers

  • Sold twice: first on 22 March 2020 for AED 375,000, last on 27 March 2025 for AED 455,000 (AED 1,141 per sqft).
  • Rented since May 2024 on 4 Ejari contracts, from AED 40,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2025 price is 9.7%.
  • 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 5 November 2025.

Questions about A1008, Wavez Residence

What did unit A1008 last sell for?

AED 455,000 on 27 March 2025: AED 1,141 per sqft for 399 sqft. The unit has 2 registered sales; the first was AED 375,000 in March 2020.

What is the rent for unit A1008?

AED 44,000 a year on the contract signed on 5 November 2025. The previous contract, from November 2025, was AED 48,000; the unit has been rented since May 2024.

How big is unit A1008?

399 sqft (37.1 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit A1008 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 A1008, Wavez Residence

Starts from the last sale price (AED 455K, 27 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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