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Studio · 406 sqftWavez Residence, Liwan · 3rd floor · completed 2022

A311, Wavez Residence

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

Unit A311 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 360K27 July 2023
Current rentAED 37K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A311, Wavez Residence

What is A311 worth today?

Last sold for AED 360,000 in 2023

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25 Oct 2025RentedRenewal
AED 37,120/yr12 months · AED 91 per sqft
25 Oct 2024RentedRenewal
AED 37,120/yr12 months · AED 91 per sqft
27 Jul 2023SoldReady
AED 360,000AED 886 per sqft
9 Oct 2019Sold by developerOff-plan
AED 349,000AED 860 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
3rd of 10
Parking
G-89
Developer
Danube Properties Development
Completed
2022
Last sold
AED 360K · July 2023
Building
Wavez Residence

About A311, Wavez Residence

A311 is a studio of 406 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 27 July 2023 for AED 360,000, or AED 886 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, renewed on 25 October 2025, is AED 37,120 a year: a gross yield of 10.3% on the 2023 price.

Sales and rents for A311 over time

Sales
Unit A311, 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, October 2019: AED 349,000 (AED 860 per sqft)Sold, July 2023: AED 360,000 (AED 886 per sqft)

A311 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A311, each contractTypical studio in Wavez Residence
38K40K43K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, October 2024: AED 37,120 a yearRenewal, October 2025: AED 37,120 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 A311 sits

All 338 studios →

A311 last sold in July 2023 at AED 886 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. A311's AED 37,120 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
A305StudioAED 379K · Nov 2019
A306StudioAED 415K · Aug 2023
A307StudioAED 379K · Oct 2019
1–7 of 41

A311, Wavez Residence in numbers

  • Sold twice: first on 9 October 2019 for AED 349,000, last on 27 July 2023 for AED 360,000 (AED 886 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, at AED 37,120 a year.
  • At AED 37,120 a year the gross yield on the 2023 price is 10.3%.
  • 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 25 October 2025.

Questions about A311, Wavez Residence

What did unit A311 last sell for?

AED 360,000 on 27 July 2023: AED 886 per sqft for 406 sqft. The unit has 2 registered sales; the first was AED 349,000 in October 2019.

What is the rent for unit A311?

AED 37,120 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 37,120.

How big is unit A311?

406 sqft (37.7 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2022.

What is unit A311 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 A311, Wavez Residence

Starts from the last sale price (AED 360K, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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