Studio · 407 sqftWavez Residence, Liwan · 4th floor · completed 2022

A420, Wavez Residence

Sold prices and rental history: sold twice, last in January 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A420 · DLD and Ejari recordsUpdated 12 August 2026
Last soldAED 410K23 January 2024
Current rentAED 48K /yr12 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A420, Wavez Residence

What is A420 worth today?

Last sold for AED 410,000 in 2024

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12 Aug 2026RentedNew contract
AED 48,000/yr6 months · AED 118 per sqft
16 Feb 2025RentedNew contract
AED 48,000/yr12 months · AED 118 per sqft
23 Jan 2024SoldReady
AED 410,000AED 1,007 per sqft
10 Feb 2020Sold by developerOff-plan
AED 331,550AED 816 per sqft

Source: Dubai Land Department. Updated 12 August 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 10
Parking
P1-10
Developer
Danube Properties Development
Completed
2022
Last sold
AED 410K · January 2024

About A420, Wavez Residence

A420 is a studio of 407 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 23 January 2024 for AED 410,000, or AED 1,007 per sqft, 10% above the AED 913 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 12 August 2026, is AED 48,000 a year: a gross yield of 11.7% on the 2024 price.

Sales and rents for A420 over time

Sales
Unit A420, 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, February 2020: AED 331,550 (AED 816 per sqft)Sold, January 2024: AED 410,000 (AED 1,007 per sqft)

A420 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A420, each contractTypical studio in Wavez Residence
40K45K202320252027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, February 2025: AED 48,000 a yearNew contract, August 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 A420 sits

All 338 studios →

A420 last sold in January 2024 at AED 1,007 per sqft, 10% above what studios in Wavez Residence were fetching at the time (AED 913). 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. A420'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 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

A420, Wavez Residence in numbers

  • Sold twice: first on 10 February 2020 for AED 331,550, last on 23 January 2024 for AED 410,000 (AED 1,007 per sqft).
  • Rented since February 2025 on 2 Ejari contracts, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 11.7%.
  • 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 12 August 2026.

Questions about A420, Wavez Residence

What did unit A420 last sell for?

AED 410,000 on 23 January 2024: AED 1,007 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 331,550 in February 2020.

What is the rent for unit A420?

AED 48,000 a year on the contract signed on 12 August 2026. The previous contract, from February 2025, was AED 48,000.

How big is unit A420?

407 sqft (37.8 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit A420 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 A420, Wavez Residence

Starts from the last sale price (AED 410K, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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