1-bed · 668 sqftWavez Residence, Liwan · 10th floor · completed 2022

B1001, Wavez Residence

Sold prices and rental history: sold once, by the developer in June 2021, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1001 · DLD and Ejari recordsUpdated 24 November 2024
Last soldAED 584K22 June 2021
Current rentAED 60K /yr24 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1001, Wavez Residence

What is B1001 worth today?

Last sold for AED 584,200 in 2021

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24 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
22 Jun 2021Sold by developerOff-plan
AED 584,200AED 874 per sqft

Source: Dubai Land Department. Updated 24 November 2024.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
10th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 584K · June 2021

About B1001, Wavez Residence

B1001 is a one-bedroom apartment of 668 sqft on the 10th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 22 June 2021 for AED 584,200, or AED 874 per sqft, in line with the AED 876 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 November 2024. The current contract, signed on 24 November 2024, is AED 60,000 a year: a gross yield of 10.3% on the 2021 price.

Sales and rents for B1001 over time

Sales
Unit B1001, each saleTypical one-bed in Wavez Residence
600K700K800K20192021202320252027Typical sale price by year: 2019 AED 602,700; 2020 AED 606,000; 2021 AED 596,550; 2023 AED 652,680; 2024 AED 709,000; 2025 AED 790,000; 2026 AED 775,000Sold by developer, June 2021: AED 584,200 (AED 874 per sqft)

B1001 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B1001, each contractTypical one-bed in Wavez Residence
55K60K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 60,000New contract, November 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Wavez Residence, and where B1001 sits

All 76 1-beds →

B1001 last sold in June 2021 at AED 874 per sqft, in line with what one-beds in Wavez Residence were fetching at the time (AED 876). Over the last 12 months one-beds sold for AED 700,000 to 830,000, around AED 1,185 per sqft, and rent for AED 48,300 to 73,000 a year. B1001's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026700,000
30 Jul 2026750,000
21 May 2026790,000
29 Apr 2026830,000
9 1-bed 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 10th floor

All 414 units in Wavez Residence
Value
A10011-bedAED 635K · Feb 2020
A10021-bedAED 690K · Jan 2024
A10031-bedAED 631K · Mar 2020
A10041-bedAED 631K · Mar 2020
A1005StudioAED 397K · Sep 2025
A1006StudioAED 515K · Nov 2025
A1007StudioAED 375K · Dec 2019
1–7 of 41

B1001, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 22 June 2021 for AED 584,200, or AED 874 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 10.3%.
  • One-beds in Wavez Residence sold for AED 700,000–830,000 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 24 November 2024.

Questions about B1001, Wavez Residence

What did unit B1001 last sell for?

AED 584,200 on 22 June 2021, sold by the developer: AED 874 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit B1001?

AED 60,000 a year on the contract signed on 24 November 2024.

How big is unit B1001?

668 sqft (62.1 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2022.

What is unit B1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wavez Residence sold for AED 700,000 to 830,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on B1001, Wavez Residence

Starts from the last sale price (AED 584K, 22 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 584,200
Deposit, UAE resident (20%)
AED 116,840
Deposit, non-resident (40%)
AED 233,680
Monthly over 25 years at 3.7%
AED 2,390

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