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Studio · 263 sqftWavez Residence, Liwan · 10th floor · completed 2022

A1016, Wavez Residence

Sold prices and rental history: sold twice, last in March 2026, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1016 · DLD and Ejari recordsUpdated 3 March 2026
Last soldAED 305K3 March 2026
Current rentAED 42K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1016, Wavez Residence

What is A1016 worth today?

Last sold for AED 304,570 in 2026

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3 Mar 2026SoldReady
AED 304,570AED 1,159 per sqft
31 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 103 per sqft
27 Nov 2019Sold by developerOff-plan
AED 334,400AED 824 per sqft

Source: Dubai Land Department. Updated 3 March 2026.

Key facts

Type
Studio apartment
Size
263 sqft
Floor
10th of 10
Parking
P2-159
Developer
Danube Properties Development
Completed
2022
Last sold
AED 305K · March 2026
Building
Wavez Residence

About A1016, Wavez Residence

A1016 is a studio of 263 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 3 March 2026 for AED 304,570, or AED 1,159 per sqft, 10% below the AED 1,293 studios in the building were fetching at the time.

One Ejari contract is registered, from 31 October 2024. The current contract, renewed on 31 October 2024, is AED 42,000 a year: a gross yield of 13.8% on the 2026 price.

Sales and rents for A1016 over time

Sales
Unit A1016, each saleTypical studio in Wavez Residence
300K400K500K20192021202320252027Typical 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, November 2019: AED 334,400 (AED 824 per sqft)Sold, March 2026: AED 304,570 (AED 1,159 per sqft)

A1016 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A1016, each contractTypical studio in Wavez Residence
38K40K42K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, October 2024: 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 A1016 sits

All 338 studios →

A1016 last sold in March 2026 at AED 1,159 per sqft, 10% below what studios in Wavez Residence were fetching at the time (AED 1,293). 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. A1016'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
A1007StudioAED 375K · Dec 2019
1–7 of 41

A1016, Wavez Residence in numbers

  • Sold twice: first on 27 November 2019 for AED 334,400, last on 3 March 2026 for AED 304,570 (AED 1,159 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2026 price is 13.8%.
  • 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 3 March 2026.

Questions about A1016, Wavez Residence

What did unit A1016 last sell for?

AED 304,570 on 3 March 2026: AED 1,159 per sqft for 263 sqft. The unit has 2 registered sales; the first was AED 334,400 in November 2019.

What is the rent for unit A1016?

AED 42,000 a year on the contract renewed on 31 October 2024.

How big is unit A1016?

263 sqft (24.4 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit A1016 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 A1016, Wavez Residence

Starts from the last sale price (AED 305K, 3 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 304,570
Deposit, UAE resident (20%)
AED 60,914
Deposit, non-resident (40%)
AED 121,828
Monthly over 25 years at 3.7%
AED 1,246

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