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Studio · 403 sqftWavez Residence, Liwan · 3rd floor · completed 2022

A305, Wavez Residence

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

Unit A305 · DLD and Ejari recordsUpdated 24 October 2025
Last soldAED 379K12 November 2019
Current rentAED 46K /yr24 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A305, Wavez Residence

What is A305 worth today?

Last sold for AED 379,000 in 2019

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24 Oct 2025RentedRenewal
AED 45,980/yr12 months · AED 114 per sqft
24 Oct 2024RentedNew contract
AED 41,800/yr12 months · AED 103 per sqft
12 Nov 2019Sold by developerOff-plan
AED 379,000AED 941 per sqft

Source: Dubai Land Department. Updated 24 October 2025.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
3rd of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 379K · November 2019
Building
Wavez Residence

About A305, Wavez Residence

A305 is a studio of 403 sqft on the 3rd floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 12 November 2019 for AED 379,000, or AED 941 per sqft, 8% above the AED 871 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 24 October 2025, is AED 45,980 a year: a gross yield of 12.1% on the 2019 price.

Sales and rents for A305 over time

Sales
Unit A305, 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, November 2019: AED 379,000 (AED 941 per sqft)

A305 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A305, 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, October 2024: AED 41,800 a yearRenewal, October 2025: AED 45,980 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 A305 sits

All 338 studios →

A305 last sold in November 2019 at AED 941 per sqft, 8% above what studios in Wavez Residence were fetching at the time (AED 871). 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. A305's AED 45,980 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 3rd floor

All 414 units in Wavez Residence
Value
A3011-bedAED 585K · Jun 2021
A3021-bedAED 584K · May 2021
A3031-bedAED 750K · Jul 2026
A3041-bedAED 566K · Jun 2021
A306StudioAED 415K · Aug 2023
A307StudioAED 379K · Oct 2019
A308StudioAED 382K · Mar 2020
1–7 of 41

A305, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 12 November 2019 for AED 379,000, or AED 941 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 41,800 to AED 45,980 a year.
  • At AED 45,980 a year the gross yield on the 2019 price is 12.1%.
  • 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 24 October 2025.

Questions about A305, Wavez Residence

What did unit A305 last sell for?

AED 379,000 on 12 November 2019, sold by the developer: AED 941 per sqft for 403 sqft. It is the only registered sale of the unit.

What is the rent for unit A305?

AED 45,980 a year on the contract renewed on 24 October 2025. The previous contract, from October 2024, was AED 41,800.

How big is unit A305?

403 sqft (37.4 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2022.

What is unit A305 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 A305, Wavez Residence

Starts from the last sale price (AED 379K, 12 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 379,000
Deposit, UAE resident (20%)
AED 75,800
Deposit, non-resident (40%)
AED 151,600
Monthly over 25 years at 3.7%
AED 1,551

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