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Studio · 406 sqftWavez Residence, Liwan · 10th floor · completed 2022

A1017, Wavez Residence

Sold prices and rental history: sold twice, last in May 2021, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1017 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 287K4 May 2021
Current rentAED 38K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1017, Wavez Residence

What is A1017 worth today?

Last sold for AED 287,225 in 2021

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1 Sep 2026RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
4 May 2021SoldOff-plan
AED 287,225AED 707 per sqft
16 Jan 2020Sold by developerOff-plan
AED 357,500AED 881 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
10th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 287K · May 2021
Building
Wavez Residence

About A1017, Wavez Residence

A1017 is a studio of 406 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 4 May 2021 for AED 287,225, or AED 707 per sqft, 20% below the AED 887 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 38,000 a year: a gross yield of 13.2% on the 2021 price.

Sales and rents for A1017 over time

Sales
Unit A1017, each saleTypical studio in Wavez Residence
400K20192021202320252027Typical 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, January 2020: AED 357,500 (AED 881 per sqft)Sold, May 2021: AED 287,225 (AED 707 per sqft)

A1017 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A1017, each contractTypical studio in Wavez Residence
38K40K42K202320252027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, September 2026: AED 38,000 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 A1017 sits

All 338 studios →

A1017 last sold in May 2021 at AED 707 per sqft, 20% below what studios in Wavez Residence were fetching at the time (AED 887). 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. A1017's AED 38,000 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

A1017, Wavez Residence in numbers

  • Sold twice: first on 16 January 2020 for AED 357,500, last on 4 May 2021 for AED 287,225 (AED 707 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 13.2%.
  • 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 1 September 2026.

Questions about A1017, Wavez Residence

What did unit A1017 last sell for?

AED 287,225 on 4 May 2021: AED 707 per sqft for 406 sqft. The unit has 2 registered sales; the first was AED 357,500 in January 2020.

What is the rent for unit A1017?

AED 38,000 a year on the contract signed on 1 September 2026.

How big is unit A1017?

406 sqft (37.7 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit A1017 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 A1017, Wavez Residence

Starts from the last sale price (AED 287K, 4 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 287,225
Deposit, UAE resident (20%)
AED 57,445
Deposit, non-resident (40%)
AED 114,890
Monthly over 25 years at 3.7%
AED 1,175

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