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Studio · 406 sqftWavez Residence, Liwan · 4th floor · completed 2022

A417, Wavez Residence

Sold prices and rental history: sold once, by the developer in March 2020, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A417 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 332K21 March 2020
Current rentAED 38K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A417, Wavez Residence

What is A417 worth today?

Last sold for AED 331,550 in 2020

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15 Nov 2024RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
21 Mar 2020Sold by developerOff-plan
AED 331,550AED 817 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
4th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 332K · March 2020
Building
Wavez Residence

About A417, Wavez Residence

A417 is a studio of 406 sqft on the 4th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 21 March 2020 for AED 331,550, or AED 817 per sqft, 5% below the AED 862 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2024. The current contract, signed on 15 November 2024, is AED 38,000 a year: a gross yield of 11.5% on the 2020 price.

Sales and rents for A417 over time

Sales
Unit A417, each saleTypical studio in Wavez Residence
300K400K500K20192021202320252027Typical 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, March 2020: AED 331,550 (AED 817 per sqft)

A417 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A417, each contractTypical studio in Wavez Residence
38K40K42K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, November 2024: AED 38,000 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 A417 sits

All 338 studios →

A417 last sold in March 2020 at AED 817 per sqft, 5% below 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. A417's AED 38,000 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
A406StudioAED 460K · Jul 2024
A407StudioAED 445K · Dec 2024
1–7 of 41

A417, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 21 March 2020 for AED 331,550, or AED 817 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 11.5%.
  • 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 A417, Wavez Residence

What did unit A417 last sell for?

AED 331,550 on 21 March 2020, sold by the developer: AED 817 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit A417?

AED 38,000 a year on the contract signed on 15 November 2024.

How big is unit A417?

406 sqft (37.7 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit A417 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 A417, Wavez Residence

Starts from the last sale price (AED 332K, 21 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 331,550
Deposit, UAE resident (20%)
AED 66,310
Deposit, non-resident (40%)
AED 132,620
Monthly over 25 years at 3.7%
AED 1,356

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