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Studio · 406 sqftWavez Residence, Liwan · 7th floor · completed 2022

A718, Wavez Residence

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A718 · DLD and Ejari recordsUpdated 8 March 2020
Last soldAED 368K8 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A718, Wavez Residence

What is A718 worth today?

Last sold for AED 367,500 in 2020

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8 Mar 2020Sold by developerOff-plan
AED 367,500AED 905 per sqft

Source: Dubai Land Department. Updated 8 March 2020.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
7th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 368K · March 2020
Building
Wavez Residence

About A718, Wavez Residence

A718 is a studio of 406 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 8 March 2020 for AED 367,500, or AED 905 per sqft, 5% above the AED 862 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A718 over time

Sales
Unit A718, 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, March 2020: AED 367,500 (AED 905 per sqft)

A718 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A718, each contractTypical studio in Wavez Residence
38K40K42K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000

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 A718 sits

All 338 studios →

A718 last sold in March 2020 at AED 905 per sqft, 5% above what studios in Wavez Residence were fetching at the time (AED 862). 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.

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

A718, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 8 March 2020 for AED 367,500, or AED 905 per sqft.
  • 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 8 March 2020.

Questions about A718, Wavez Residence

What did unit A718 last sell for?

AED 367,500 on 8 March 2020, sold by the developer: AED 905 per sqft for 406 sqft. It is the only registered sale of the unit.

How big is unit A718?

406 sqft (37.7 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit A718 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 A718, Wavez Residence

Starts from the last sale price (AED 368K, 8 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 367,500
Deposit, UAE resident (20%)
AED 73,500
Deposit, non-resident (40%)
AED 147,000
Monthly over 25 years at 3.7%
AED 1,504

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