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Studio · 407 sqftWavez Residence, Liwan · 7th floor · completed 2022

A720, Wavez Residence

Sold prices and rental history: sold twice, last in February 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A720 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 500K11 February 2026
Current rentAED 44K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A720, Wavez Residence

What is A720 worth today?

Last sold for AED 500,000 in 2026

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1 Sep 2026RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
23 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 148 per sqft
11 Feb 2026SoldReady
AED 500,000AED 1,229 per sqft
12 Nov 2019Sold by developerOff-plan
AED 356,230AED 877 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
7th of 10
Parking
P2-182
Developer
Danube Properties Development
Completed
2022
Last sold
AED 500K · February 2026
Building
Wavez Residence

About A720, Wavez Residence

A720 is a studio of 407 sqft on the 7th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 11 February 2026 for AED 500,000, or AED 1,229 per sqft, 5% below the AED 1,297 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 1 September 2026, is AED 44,000 a year: a gross yield of 8.8% on the 2026 price.

Sales and rents for A720 over time

Sales
Unit A720, 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, November 2019: AED 356,230 (AED 877 per sqft)Sold, February 2026: AED 500,000 (AED 1,229 per sqft)

A720 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A720, each contractTypical studio in Wavez Residence
40K50K60K202320252027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, February 2026: AED 60,000 a yearNew contract, September 2026: AED 44,000 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 A720 sits

All 338 studios →

A720 last sold in February 2026 at AED 1,229 per sqft, 5% below what studios in Wavez Residence were fetching at the time (AED 1,297). 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. A720's AED 44,000 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 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

A720, Wavez Residence in numbers

  • Sold twice: first on 12 November 2019 for AED 356,230, last on 11 February 2026 for AED 500,000 (AED 1,229 per sqft).
  • Rented since February 2026 on 2 Ejari contracts, from AED 60,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2026 price is 8.8%.
  • 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 September 2026.

Questions about A720, Wavez Residence

What did unit A720 last sell for?

AED 500,000 on 11 February 2026: AED 1,229 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 356,230 in November 2019.

What is the rent for unit A720?

AED 44,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2026, was AED 60,000.

How big is unit A720?

407 sqft (37.8 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit A720 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 A720, Wavez Residence

Starts from the last sale price (AED 500K, 11 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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