A503, Wavez Residence
Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A503, Wavez Residence
What is A503 worth today?
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Source: Dubai Land Department. Updated 25 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 666 sqft
- Floor
- 5th of 10
- Parking
- P2-167
- Developer
- Danube Properties Development
- Completed
- 2022
- Last sold
- AED 603K · October 2019
- Building
- Wavez Residence
About A503, Wavez Residence
A503 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 15 October 2019 for AED 602,700, or AED 904 per sqft.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 September 2025, is AED 58,000 a year: a gross yield of 9.6% on the 2019 price.
Sales and rents for A503 over time
A503 has sold once; the dashed line is the one-bed median of each year in the building.
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 A503 sits
All 76 1-beds →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. A503's AED 58,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 668 sqft | 700,000 | 1,048 | ||
| 30 Jul 202630 July 2026 | 666 sqft | 750,000 | 1,125 | ||
| 21 May 202621 May 2026 | 667 sqft | 790,000 | 1,185 | ||
| 29 Apr 202629 April 2026 | 666 sqft | 830,000 | 1,246 |
Wavez Residence
Building414 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%
Other units on the 5th floor
All 414 units in Wavez Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| A501 | 1-bed | 668 sqft | AED 615KAED 615,000 · Aug 2020August 2020 | 53,000 /yr | |
| A502 | 1-bed | 666 sqft | AED 600KAED 600,000 · Mar 2020March 2020 | 57,500 /yr | |
| A504 | 1-bed | 668 sqft | AED 730KAED 730,000 · Mar 2024March 2024 | ||
| A505 | Studio | 403 sqft | AED 379KAED 379,000 · Dec 2019December 2019 | 41,000 /yr | |
| A506 | Studio | 403 sqft | AED 515KAED 515,000 · Nov 2025November 2025 | 46,200 /yr | |
| A507 | Studio | 402 sqft | AED 350KAED 350,000 · Nov 2021November 2021 | 41,000 /yr | |
| A508 | Studio | 404 sqft | AED 382KAED 382,000 · Feb 2020February 2020 | 40,000 /yr | |
| A509 | Studio | 407 sqft | AED 362KAED 362,000 · Feb 2020February 2020 | ||
| A510 | Studio | 406 sqft | AED 337KAED 337,000 · Dec 2022December 2022 | 57,600 /yr | |
| A511 | Studio | 406 sqft | AED 353KAED 352,800 · Jan 2020January 2020 | 40,000 /yr | |
| A512 | Studio | 406 sqft | AED 339KAED 338,530 · Feb 2020February 2020 | 44,000 /yr | |
| A513 | Studio | 406 sqft | AED 349KAED 349,000 · Nov 2019November 2019 | 36,750 /yr | |
| A514 | Studio | 406 sqft | AED 349KAED 349,000 · Oct 2019October 2019 | 43,000 /yr | |
| A515 | Studio | 406 sqft | AED 349KAED 349,000 · Oct 2019October 2019 | 44,000 /yr | |
| A516 | Studio | 406 sqft | AED 346KAED 345,600 · Feb 2020February 2020 | 45,123 /yr | |
| A517 | Studio | 406 sqft | AED 358KAED 357,500 · Feb 2020February 2020 | 42,000 /yr | |
| A518 | Studio | 407 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | 43,200 /yr | |
| A519 | Studio | 406 sqft | AED 358KAED 357,500 · Nov 2019November 2019 | 42,000 /yr | |
| A520 | Studio | 406 sqft | AED 353KAED 352,500 · Mar 2020March 2020 | ||
| A521 | Studio | 406 sqft | AED 430KAED 430,000 · Jan 2024January 2024 | ||
| B501 | 1-bed | 668 sqft | AED 615KAED 615,000 · Jun 2020June 2020 | 50,000 /yr | |
| B502 | 1-bed | 666 sqft | AED 615KAED 615,000 · Mar 2020March 2020 | ||
| B503 | 1-bed | 666 sqft | AED 566KAED 565,800 · Mar 2021March 2021 | 52,000 /yr | |
| B504 | 1-bed | 667 sqft | AED 566KAED 565,800 · Jan 2021January 2021 | 60,000 /yr | |
| B505 | Studio | 403 sqft | AED 355KAED 355,000 · Feb 2020February 2020 | ||
| B506 | Studio | 402 sqft | AED 377KAED 377,000 · Nov 2019November 2019 | 35,700 /yr | |
| B507 | Studio | 402 sqft | AED 377KAED 377,000 · Nov 2019November 2019 | 42,000 /yr | |
| B508 | Studio | 404 sqft | AED 379KAED 379,000 · Nov 2019November 2019 | 35,700 /yr | |
| B509 | Studio | 407 sqft | AED 332KAED 331,550 · Feb 2020February 2020 | 40,000 /yr | |
| B510 | Studio | 407 sqft | AED 490KAED 490,000 · Jul 2025July 2025 | 42,000 /yr | |
| B511 | Studio | 204 sqft | AED 323KAED 322,825 · Feb 2020February 2020 | 39,000 /yr | |
| B512 | Studio | 406 sqft | AED 332KAED 331,550 · Jan 2020January 2020 | 38,500 /yr | |
| B513 | Studio | 407 sqft | AED 480KAED 480,000 · Oct 2024October 2024 | 42,000 /yr | |
| B514 | Studio | 406 sqft | AED 360KAED 360,000 · Mar 2020March 2020 | 40,000 /yr | |
| B515 | Studio | 406 sqft | AED 343KAED 342,700 · Jan 2020January 2020 | 43,000 /yr | |
| B516 | Studio | 406 sqft | AED 349KAED 349,000 · Dec 2019December 2019 | 42,000 /yr | |
| B517 | Studio | 407 sqft | AED 470KAED 470,000 · Aug 2026August 2026 | 47,000 /yr | |
| B518 | Studio | 406 sqft | AED 333KAED 332,500 · Feb 2020February 2020 | 39,000 /yr | |
| B519 | Studio | 406 sqft | AED 333KAED 332,500 · Dec 2019December 2019 | 40,000 /yr | |
| B520 | Studio | 407 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 45,000 /yr | |
| B521 | Studio | 408 sqft | AED 333KAED 332,500 · Feb 2020February 2020 |
A503, Wavez Residence in numbers
- Sold once: by Danube Properties Development on 15 October 2019 for AED 602,700, or AED 904 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 50,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2019 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 25 September 2025.
Questions about A503, Wavez Residence
What did unit A503 last sell for?
AED 602,700 on 15 October 2019, sold by the developer: AED 904 per sqft for 666 sqft. It is the only registered sale of the unit.
What is the rent for unit A503?
AED 58,000 a year on the contract signed on 25 September 2025. The previous contract, from September 2024, was AED 50,000.
How big is unit A503?
666 sqft (61.9 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.
What is unit A503 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 A503, Wavez Residence
Starts from the last sale price (AED 603K, 15 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 602,700
- Deposit, UAE resident (20%)
- AED 120,540
- Deposit, non-resident (40%)
- AED 241,080
- Monthly over 25 years at 3.7%
- AED 2,466
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →