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Studio · 405 sqftWavez Residence, Liwan · 10th floor · completed 2022

B1005, Wavez Residence

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

Unit B1005 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 425K17 May 2024
Current rentAED 40K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B1005, Wavez Residence

What is B1005 worth today?

Last sold for AED 425,000 in 2024

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15 Dec 2025RentedRenewal
AED 40,000/yr12 months · AED 99 per sqft
15 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 99 per sqft
17 May 2024SoldReady
AED 425,000AED 1,049 per sqft
11 Feb 2020Sold by developerOff-plan
AED 385,000AED 956 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
10th of 10
Parking
P2-157
Developer
Danube Properties Development
Completed
2022
Last sold
AED 425K · May 2024
Building
Wavez Residence

About B1005, Wavez Residence

B1005 is a studio of 405 sqft on the 10th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 17 May 2024 for AED 425,000, or AED 1,049 per sqft, 11% above the AED 948 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 40,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for B1005 over time

Sales
Unit B1005, 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, February 2020: AED 385,000 (AED 956 per sqft)Sold, May 2024: AED 425,000 (AED 1,049 per sqft)

B1005 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B1005, 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, December 2024: AED 40,000 a yearRenewal, December 2025: AED 40,000 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 B1005 sits

All 338 studios →

B1005 last sold in May 2024 at AED 1,049 per sqft, 11% above what studios in Wavez Residence were fetching at the time (AED 948). 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. B1005's AED 40,000 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 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

B1005, Wavez Residence in numbers

  • Sold twice: first on 11 February 2020 for AED 385,000, last on 17 May 2024 for AED 425,000 (AED 1,049 per sqft).
  • Rented since December 2024 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 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 15 December 2025.

Questions about B1005, Wavez Residence

What did unit B1005 last sell for?

AED 425,000 on 17 May 2024: AED 1,049 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 385,000 in February 2020.

What is the rent for unit B1005?

AED 40,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 40,000.

How big is unit B1005?

405 sqft (37.6 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit B1005 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 B1005, Wavez Residence

Starts from the last sale price (AED 425K, 17 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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