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1-bed · 666 sqftWavez Residence, Liwan · 5th floor · completed 2022

A502, Wavez Residence

Sold prices and rental history: sold once, by the developer in March 2020, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A502 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 600K18 March 2020
Current rentAED 58K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A502, Wavez Residence

What is A502 worth today?

Last sold for AED 600,000 in 2020

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1 Aug 2026RentedNew contract
AED 57,500/yr12 months · AED 86 per sqft
18 Mar 2020Sold by developerOff-plan
AED 600,000AED 900 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
5th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 600K · March 2020
Building
Wavez Residence

About A502, Wavez Residence

A502 is a one-bedroom apartment of 666 sqft on the 5th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 18 March 2020 for AED 600,000, or AED 900 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 57,500 a year: a gross yield of 9.6% on the 2020 price.

Sales and rents for A502 over time

Sales
Unit A502, each saleTypical one-bed in Wavez Residence
600K700K800K20192021202320252027Typical sale price by year: 2019 AED 602,700; 2020 AED 606,000; 2021 AED 596,550; 2023 AED 652,680; 2024 AED 709,000; 2025 AED 790,000; 2026 AED 775,000Sold by developer, March 2020: AED 600,000 (AED 900 per sqft)

A502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A502, each contractTypical one-bed in Wavez Residence
55K60K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 60,000New contract, August 2026: AED 57,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Wavez Residence, and where A502 sits

All 76 1-beds →

A502 last sold in March 2020 at AED 900 per sqft, in line with what one-beds in Wavez Residence were fetching at the time (AED 904). Over the last 12 months one-beds sold for AED 700,000 to 830,000, around AED 1,185 per sqft, and rent for AED 48,300 to 73,000 a year. A502's AED 57,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026700,000
30 Jul 2026750,000
21 May 2026790,000
29 Apr 2026830,000
9 1-bed 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 5th floor

All 414 units in Wavez Residence
Value
A5011-bedAED 615K · Aug 2020
A5031-bedAED 603K · Oct 2019
A5041-bedAED 730K · Mar 2024
A505StudioAED 379K · Dec 2019
A506StudioAED 515K · Nov 2025
A507StudioAED 350K · Nov 2021
A508StudioAED 382K · Feb 2020
1–7 of 41

A502, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 18 March 2020 for AED 600,000, or AED 900 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 57,500 a year.
  • At AED 57,500 a year the gross yield on the 2020 price is 9.6%.
  • One-beds in Wavez Residence sold for AED 700,000–830,000 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 August 2026.

Questions about A502, Wavez Residence

What did unit A502 last sell for?

AED 600,000 on 18 March 2020, sold by the developer: AED 900 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit A502?

AED 57,500 a year on the contract signed on 1 August 2026.

How big is unit A502?

666 sqft (61.9 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.

What is unit A502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wavez Residence sold for AED 700,000 to 830,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on A502, Wavez Residence

Starts from the last sale price (AED 600K, 18 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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