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Studio · 404 sqftWavez Residence, Liwan · 7th floor · completed 2022

A708, 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 A708 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 378K14 October 2019
Current rentAED 36K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A708, Wavez Residence

What is A708 worth today?

Last sold for AED 378,300 in 2019

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1 Nov 2025RentedRenewal
AED 35,700/yr12 months · AED 90 per sqft
1 Nov 2024RentedRenewal
AED 34,000/yr12 months · AED 85 per sqft
14 Oct 2019Sold by developerOff-plan
AED 378,300AED 935 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
404 sqft
Floor
7th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 378K · October 2019
Building
Wavez Residence

About A708, Wavez Residence

A708 is a studio of 404 sqft on the 7th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 14 October 2019 for AED 378,300, or AED 935 per sqft, 9% above the AED 860 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 35,700 a year: a gross yield of 9.4% on the 2019 price.

Sales and rents for A708 over time

Sales
Unit A708, 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 378,300 (AED 935 per sqft)

A708 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A708, each contractTypical studio in Wavez Residence
35K40K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, November 2024: AED 34,000 a yearRenewal, November 2025: AED 35,700 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 A708 sits

All 338 studios →

A708 last sold in October 2019 at AED 935 per sqft, 9% 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. A708's AED 35,700 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 7th floor

All 414 units in Wavez Residence
Value
A7011-bedAED 615K · Nov 2023
A7021-bedAED 830K · Dec 2025
A7031-bedAED 606K · Aug 2021
A7041-bedAED 698K · Sep 2024
A705StudioAED 376K · Feb 2020
A706StudioAED 385K · Oct 2019
A707StudioAED 385K · Oct 2019
1–7 of 41

A708, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 14 October 2019 for AED 378,300, or AED 935 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 34,000 to AED 35,700 a year.
  • At AED 35,700 a year the gross yield on the 2019 price is 9.4%.
  • 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 2025.

Questions about A708, Wavez Residence

What did unit A708 last sell for?

AED 378,300 on 14 October 2019, sold by the developer: AED 935 per sqft for 404 sqft. It is the only registered sale of the unit.

What is the rent for unit A708?

AED 35,700 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 34,000.

How big is unit A708?

404 sqft (37.5 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit A708 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 A708, Wavez Residence

Starts from the last sale price (AED 378K, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 378,300
Deposit, UAE resident (20%)
AED 75,660
Deposit, non-resident (40%)
AED 151,320
Monthly over 25 years at 3.7%
AED 1,548

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