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

A306, Wavez Residence

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A306 · DLD and Ejari recordsUpdated 18 February 2026
Last soldAED 415K23 August 2023
Current rentAED 48K /yr18 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A306, Wavez Residence

What is A306 worth today?

Last sold for AED 415,000 in 2023

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18 Feb 2026RentedNew contract
AED 48,000/yr12 months · AED 119 per sqft
5 Oct 2025RentedRenewal
AED 48,000/yr6 months · AED 121 per sqft
5 Oct 2025RentedRenewal
AED 42,885/yr12 months · AED 108 per sqft
5 Oct 2024RentedRenewal
AED 39,000/yr12 months · AED 98 per sqft
23 Aug 2023SoldReady
AED 415,000AED 1,029 per sqft
10 Feb 2020Sold by developerOff-plan
AED 379,000AED 943 per sqft

Source: Dubai Land Department. Updated 18 February 2026.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
3rd of 10
Parking
G-71
Developer
Danube Properties Development
Completed
2022
Last sold
AED 415K · August 2023
Building
Wavez Residence

About A306, Wavez Residence

A306 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. It last sold on 23 August 2023 for AED 415,000, or AED 1,029 per sqft, 16% above the AED 884 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 18 February 2026, is AED 48,000 a year: a gross yield of 11.6% on the 2023 price.

Sales and rents for A306 over time

Sales
Unit A306, 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 379,000 (AED 943 per sqft)Sold, August 2023: AED 415,000 (AED 1,029 per sqft)

A306 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A306, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, October 2024: AED 39,000 a yearRenewal, October 2025: AED 48,000 a yearRenewal, October 2025: AED 42,885 a yearNew contract, February 2026: AED 48,000 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 A306 sits

All 338 studios →

A306 last sold in August 2023 at AED 1,029 per sqft, 16% above what studios in Wavez Residence were fetching at the time (AED 884). 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. A306's AED 48,000 is in the upper 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
A305StudioAED 379K · Nov 2019
A307StudioAED 379K · Oct 2019
A308StudioAED 382K · Mar 2020
1–7 of 41

A306, Wavez Residence in numbers

  • Sold twice: first on 10 February 2020 for AED 379,000, last on 23 August 2023 for AED 415,000 (AED 1,029 per sqft).
  • Rented since October 2024 on 4 Ejari contracts, from AED 39,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 11.6%.
  • 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 18 February 2026.

Questions about A306, Wavez Residence

What did unit A306 last sell for?

AED 415,000 on 23 August 2023: AED 1,029 per sqft for 403 sqft. The unit has 2 registered sales; the first was AED 379,000 in February 2020.

What is the rent for unit A306?

AED 48,000 a year on the contract signed on 18 February 2026. The previous contract, from October 2025, was AED 48,000; the unit has been rented since October 2024.

How big is unit A306?

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

What is unit A306 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 A306, Wavez Residence

Starts from the last sale price (AED 415K, 23 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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