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Studio · 408 sqftWavez Residence, Liwan · 4th floor · completed 2022

A421, Wavez Residence

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

Unit A421 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 333K27 January 2020
Current rentAED 41K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A421, Wavez Residence

What is A421 worth today?

Last sold for AED 333,200 in 2020

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1 Nov 2026RentedNew contract
AED 41,000/yr12 months · AED 101 per sqft
1 Nov 2025RentedNew contract
AED 41,580/yr12 months · AED 102 per sqft
1 Nov 2024RentedRenewal
AED 37,800/yr12 months · AED 93 per sqft
27 Jan 2020Sold by developerOff-plan
AED 333,200AED 817 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
4th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 333K · January 2020
Building
Wavez Residence

About A421, Wavez Residence

A421 is a studio of 408 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 27 January 2020 for AED 333,200, or AED 817 per sqft, 5% below the AED 863 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 November 2026, is AED 41,000 a year: a gross yield of 12.3% on the 2020 price.

Sales and rents for A421 over time

Sales
Unit A421, 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, January 2020: AED 333,200 (AED 817 per sqft)

A421 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A421, each contractTypical studio in Wavez Residence
38K40K42K202320252027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, November 2024: AED 37,800 a yearNew contract, November 2025: AED 41,580 a yearNew contract, November 2026: AED 41,000 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 A421 sits

All 338 studios →

A421 last sold in January 2020 at AED 817 per sqft, 5% below what studios in Wavez Residence were fetching at the time (AED 863). 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. A421's AED 41,000 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

A421, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 27 January 2020 for AED 333,200, or AED 817 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, from AED 37,800 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2020 price is 12.3%.
  • 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 1 November 2026.

Questions about A421, Wavez Residence

What did unit A421 last sell for?

AED 333,200 on 27 January 2020, sold by the developer: AED 817 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit A421?

AED 41,000 a year on the contract signed on 1 November 2026. The previous contract, from November 2025, was AED 41,580; the unit has been rented since November 2024.

How big is unit A421?

408 sqft (37.9 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit A421 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 A421, Wavez Residence

Starts from the last sale price (AED 333K, 27 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 333,200
Deposit, UAE resident (20%)
AED 66,640
Deposit, non-resident (40%)
AED 133,280
Monthly over 25 years at 3.7%
AED 1,363

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