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Studio · 406 sqftWavez Residence, Liwan · 1st floor · completed 2022

A117, Wavez Residence

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A117 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 343K13 February 2020
Current rentAED 44K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A117, Wavez Residence

What is A117 worth today?

Last sold for AED 343,000 in 2020

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26 Jan 2026RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
13 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
13 Feb 2020Sold by developerOff-plan
AED 343,000AED 845 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
1st of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 343K · February 2020
Building
Wavez Residence

About A117, Wavez Residence

A117 is a studio of 406 sqft on the 1st floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 13 February 2020 for AED 343,000, or AED 845 per sqft, in line with the AED 862 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 January 2026, is AED 44,000 a year: a gross yield of 12.8% on the 2020 price.

Sales and rents for A117 over time

Sales
Unit A117, 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, February 2020: AED 343,000 (AED 845 per sqft)

A117 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A117, 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, December 2024: AED 40,000 a yearNew contract, January 2026: AED 44,000 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 A117 sits

All 338 studios →

A117 last sold in February 2020 at AED 845 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 862). 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. A117'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 1st floor

All 414 units in Wavez Residence
Value
A1011-bedAED 566K · Oct 2021
A1021-bedAED 730K · Mar 2026
A103StudioAED 349K · Feb 2020
A104StudioAED 367K · Feb 2020
A105StudioAED 515K · May 2026
A106StudioAED 410K · May 2024
A107StudioAED 332K · Nov 2019
1–7 of 35

A117, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 13 February 2020 for AED 343,000, or AED 845 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, from AED 40,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2020 price is 12.8%.
  • 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 26 January 2026.

Questions about A117, Wavez Residence

What did unit A117 last sell for?

AED 343,000 on 13 February 2020, sold by the developer: AED 845 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit A117?

AED 44,000 a year on the contract signed on 26 January 2026. The previous contract, from December 2024, was AED 40,000.

How big is unit A117?

406 sqft (37.7 sqm): a studio on the 1st floor of a 10-storey tower completed in 2022.

What is unit A117 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 A117, Wavez Residence

Starts from the last sale price (AED 343K, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 343,000
Deposit, UAE resident (20%)
AED 68,600
Deposit, non-resident (40%)
AED 137,200
Monthly over 25 years at 3.7%
AED 1,403

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