Studio · 403 sqftWavez Residence, Liwan · 6th floor · completed 2022

A605, 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.

Unit A605 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 382K20 October 2019
Current rentAED 46K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A605, Wavez Residence

What is A605 worth today?

Last sold for AED 382,000 in 2019

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1 Jan 2026RentedNew contract
AED 46,000/yr12 months · AED 114 per sqft
5 Apr 2025RentedNew contract
AED 44,000/yr12 months · AED 109 per sqft
27 Aug 2024RentedRenewal
AED 37,000/yr12 months · AED 90 per sqft
20 Oct 2019Sold by developerOff-plan
AED 382,000AED 948 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
6th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 382K · October 2019

About A605, Wavez Residence

A605 is a studio of 403 sqft on the 6th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 20 October 2019 for AED 382,000, or AED 948 per sqft, 10% above the AED 860 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 January 2026, is AED 46,000 a year: a gross yield of 12.0% on the 2019 price.

Sales and rents for A605 over time

Sales
Unit A605, each saleTypical studio in Wavez Residence
400K500K20192021202320252027Typical 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, October 2019: AED 382,000 (AED 948 per sqft)

A605 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A605, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, August 2024: AED 37,000 a yearNew contract, April 2025: AED 44,000 a yearNew contract, January 2026: AED 46,000 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 A605 sits

All 338 studios →

A605 last sold in October 2019 at AED 948 per sqft, 10% above what studios in Wavez Residence were fetching at the time (AED 860). 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. A605's AED 46,000 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 6th floor

All 414 units in Wavez Residence
Value
A6011-bedAED 585K · Feb 2020
A6021-bedAED 584K · Dec 2019
A6031-bedAED 588K · Jul 2021
A6041-bedAED 584K · Feb 2020
A606StudioAED 382K · Nov 2019
A607StudioAED 385K · Dec 2019
A608StudioAED 385K · Nov 2019
1–7 of 41

A605, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 20 October 2019 for AED 382,000, or AED 948 per sqft.
  • Rented since August 2024 on 3 Ejari contracts, from AED 37,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2019 price is 12.0%.
  • 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 January 2026.

Questions about A605, Wavez Residence

What did unit A605 last sell for?

AED 382,000 on 20 October 2019, sold by the developer: AED 948 per sqft for 403 sqft. It is the only registered sale of the unit.

What is the rent for unit A605?

AED 46,000 a year on the contract signed on 1 January 2026. The previous contract, from April 2025, was AED 44,000; the unit has been rented since August 2024.

How big is unit A605?

403 sqft (37.4 sqm): a studio on the 6th floor of a 10-storey tower completed in 2022.

What is unit A605 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 A605, Wavez Residence

Starts from the last sale price (AED 382K, 20 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 382,000
Deposit, UAE resident (20%)
AED 76,400
Deposit, non-resident (40%)
AED 152,800
Monthly over 25 years at 3.7%
AED 1,563

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