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Studio · 403 sqftWavez Residence, Liwan · 4th floor · completed 2022

A406, Wavez Residence

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A406 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 460K9 July 2024
Current rentAED 43K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A406, Wavez Residence

What is A406 worth today?

Last sold for AED 460,000 in 2024

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10 Oct 2025RentedRenewal
AED 43,000/yr12 months · AED 107 per sqft
10 Oct 2025RentedRenewal
AED 37,000/yr12 months · AED 93 per sqft
10 Oct 2024RentedNew contract
AED 43,000/yr12 months · AED 108 per sqft
10 Oct 2024RentedNew contract
AED 43,000/yr12 months · AED 107 per sqft
9 Jul 2024SoldReady
AED 460,000AED 1,141 per sqft
19 Jan 2024SoldReady
AED 415,000AED 1,029 per sqft
13 Feb 2020Sold by developerOff-plan
AED 360,050AED 896 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
4th of 10
Parking
P1-8
Developer
Danube Properties Development
Completed
2022
Last sold
AED 460K · July 2024
Building
Wavez Residence

About A406, Wavez Residence

A406 is a studio of 403 sqft on the 4th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 9 July 2024 for AED 460,000, or AED 1,141 per sqft, 19% above the AED 960 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 43,000 a year: a gross yield of 9.3% on the 2024 price.

Sales and rents for A406 over time

Sales
Unit A406, 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 360,050 (AED 896 per sqft)Sold, January 2024: AED 415,000 (AED 1,029 per sqft)Sold, July 2024: AED 460,000 (AED 1,141 per sqft)

A406 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A406, each contractTypical studio in Wavez Residence
40K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, October 2024: AED 43,000 a yearNew contract, October 2024: AED 43,000 a yearRenewal, October 2025: AED 43,000 a yearRenewal, October 2025: AED 37,000 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 A406 sits

All 338 studios →

A406 last sold in July 2024 at AED 1,141 per sqft, 19% above what studios in Wavez Residence were fetching at the time (AED 960). 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. A406's AED 43,000 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 4th floor

All 414 units in Wavez Residence
Value
A4011-bedAED 740K · Oct 2024
A4021-bedAED 595K · Feb 2020
A4031-bedAED 653K · Aug 2023
A4041-bedAED 584K · Nov 2019
A405StudioAED 379K · Oct 2019
A407StudioAED 445K · Dec 2024
A408StudioAED 425K · Jun 2024
1–7 of 41

A406, Wavez Residence in numbers

  • Sold 3 times: first on 13 February 2020 for AED 360,050, last on 9 July 2024 for AED 460,000 (AED 1,141 per sqft).
  • Rented since October 2024 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 37,000 in 2025 and recovered to AED 43,000 by October 2025.
  • At AED 43,000 a year the gross yield on the 2024 price is 9.3%.
  • 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 10 October 2025.

Questions about A406, Wavez Residence

What did unit A406 last sell for?

AED 460,000 on 9 July 2024: AED 1,141 per sqft for 403 sqft. The unit has 3 registered sales; the first was AED 360,050 in February 2020.

What is the rent for unit A406?

AED 43,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2025, was AED 37,000; the unit has been rented since October 2024.

How big is unit A406?

403 sqft (37.4 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit A406 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 A406, Wavez Residence

Starts from the last sale price (AED 460K, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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