Studio · 407 sqftWavez Residence, Liwan · 8th floor · completed 2022

A815, Wavez Residence

Sold prices and rental history: sold 3 times, last in June 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A815 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 500K12 June 2026
Current rentAED 41K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A815, Wavez Residence

What is A815 worth today?

Last sold for AED 500,000 in 2026

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15 Jun 2026RentedNew contract
AED 40,800/yr12 months · AED 100 per sqft
12 Jun 2026SoldReady
AED 500,000AED 1,228 per sqft
9 Sep 2024RentedNew contract
AED 41,800/yr12 months · AED 103 per sqft
28 Dec 2023SoldReady
AED 390,000AED 958 per sqft
20 Nov 2019Sold by developerOff-plan
AED 357,500AED 881 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
8th of 10
Parking
P2-60
Developer
Danube Properties Development
Completed
2022
Last sold
AED 500K · June 2026

About A815, Wavez Residence

A815 is a studio of 407 sqft on the 8th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 12 June 2026 for AED 500,000, or AED 1,228 per sqft, 4% below the AED 1,278 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 June 2026, is AED 40,800 a year: a gross yield of 8.2% on the 2026 price.

Sales and rents for A815 over time

Sales
Unit A815, 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 357,500 (AED 881 per sqft)Sold, December 2023: AED 390,000 (AED 958 per sqft)Sold, June 2026: AED 500,000 (AED 1,228 per sqft)

A815 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A815, each contractTypical studio in Wavez Residence
38K40K42K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, September 2024: AED 41,800 a yearNew contract, June 2026: AED 40,800 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 A815 sits

All 338 studios →

A815 last sold in June 2026 at AED 1,228 per sqft, 4% below what studios in Wavez Residence were fetching at the time (AED 1,278). 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. A815's AED 40,800 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 8th floor

All 414 units in Wavez Residence
Value
A8011-bedAED 600K · Mar 2020
A8021-bedAED 600K · Jun 2021
A8031-bedAED 600K · Jun 2021
A8041-bedAED 600K · Jun 2021
A805StudioAED 373K · Nov 2019
A806StudioAED 381K · Nov 2019
A807StudioAED 381K · Nov 2019
1–7 of 41

A815, Wavez Residence in numbers

  • Sold 3 times: first on 20 November 2019 for AED 357,500, last on 12 June 2026 for AED 500,000 (AED 1,228 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 41,800 to AED 40,800 a year.
  • At AED 40,800 a year the gross yield on the 2026 price is 8.2%.
  • 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 15 June 2026.

Questions about A815, Wavez Residence

What did unit A815 last sell for?

AED 500,000 on 12 June 2026: AED 1,228 per sqft for 407 sqft. The unit has 3 registered sales; the first was AED 357,500 in November 2019.

What is the rent for unit A815?

AED 40,800 a year on the contract signed on 15 June 2026. The previous contract, from September 2024, was AED 41,800.

How big is unit A815?

407 sqft (37.8 sqm): a studio on the 8th floor of a 10-storey tower completed in 2022.

What is unit A815 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 A815, Wavez Residence

Starts from the last sale price (AED 500K, 12 June 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 →