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Studio · 406 sqftWavez Residence, Liwan · 2nd floor · completed 2022

A217, Wavez Residence

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

Unit A217 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 341K30 September 2019
Current rentAED 39K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A217, Wavez Residence

What is A217 worth today?

Last sold for AED 340,550 in 2019

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15 Nov 2024RentedRenewal
AED 38,500/yr12 months · AED 94 per sqft
30 Sep 2019Sold by developerOff-plan
AED 340,550AED 839 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
2nd of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 341K · September 2019
Building
Wavez Residence

About A217, Wavez Residence

A217 is a studio of 406 sqft on the 2nd floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 30 September 2019 for AED 340,550, or AED 839 per sqft, in line with the AED 839 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2024. The current contract, renewed on 15 November 2024, is AED 38,500 a year: a gross yield of 11.3% on the 2019 price.

Sales and rents for A217 over time

Sales
Unit A217, 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, September 2019: AED 340,550 (AED 839 per sqft)

A217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A217, 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, November 2024: AED 38,500 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 A217 sits

All 338 studios →

A217 last sold in September 2019 at AED 839 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 839). 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. A217's AED 38,500 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 2nd floor

All 414 units in Wavez Residence
Value
A2011-bedAED 800K · Feb 2026
A2021-bedAED 615K · Feb 2020
A2031-bedAED 760K · Jan 2026
A2041-bedAED 573K · Nov 2019
A205StudioAED 363K · Nov 2019
A206StudioAED 525K · Jun 2025
A207StudioAED 380K · Mar 2023
1–7 of 41

A217, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 30 September 2019 for AED 340,550, or AED 839 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2019 price is 11.3%.
  • 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 2024.

Questions about A217, Wavez Residence

What did unit A217 last sell for?

AED 340,550 on 30 September 2019, sold by the developer: AED 839 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit A217?

AED 38,500 a year on the contract renewed on 15 November 2024.

How big is unit A217?

406 sqft (37.7 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2022.

What is unit A217 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 A217, Wavez Residence

Starts from the last sale price (AED 341K, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 340,550
Deposit, UAE resident (20%)
AED 68,110
Deposit, non-resident (40%)
AED 136,220
Monthly over 25 years at 3.7%
AED 1,393

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