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Studio · 408 sqftWavez Residence, Liwan · 10th floor · completed 2022

B1021, Wavez Residence

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1021 · DLD and Ejari recordsUpdated 3 May 2026
Last soldAED 347K16 February 2020
Current rentAED 43K /yr3 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B1021, Wavez Residence

What is B1021 worth today?

Last sold for AED 347,225 in 2020

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3 May 2026RentedRenewal
AED 43,000/yr12 months · AED 106 per sqft
5 May 2025RentedNew contract
AED 45,251/yr12 months · AED 112 per sqft
9 Oct 2024RentedNew contract
AED 42,885/yr12 months · AED 106 per sqft
16 Feb 2020Sold by developerOff-plan
AED 347,225AED 852 per sqft

Source: Dubai Land Department. Updated 3 May 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
10th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 347K · February 2020
Building
Wavez Residence

About B1021, Wavez Residence

B1021 is a studio of 408 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 16 February 2020 for AED 347,225, or AED 852 per sqft, in line with the AED 862 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 3 May 2026, is AED 43,000 a year: a gross yield of 12.4% on the 2020 price.

Sales and rents for B1021 over time

Sales
Unit B1021, 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 347,225 (AED 852 per sqft)

B1021 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B1021, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, October 2024: AED 42,885 a yearNew contract, May 2025: AED 45,251 a yearRenewal, May 2026: AED 43,000 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 B1021 sits

All 338 studios →

B1021 last sold in February 2020 at AED 852 per sqft, in line with 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. B1021's AED 43,000 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

B1021, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 16 February 2020 for AED 347,225, or AED 852 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 42,885 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2020 price is 12.4%.
  • 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 3 May 2026.

Questions about B1021, Wavez Residence

What did unit B1021 last sell for?

AED 347,225 on 16 February 2020, sold by the developer: AED 852 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit B1021?

AED 43,000 a year on the contract renewed on 3 May 2026. The previous contract, from May 2025, was AED 45,251; the unit has been rented since October 2024.

How big is unit B1021?

408 sqft (37.9 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit B1021 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 B1021, Wavez Residence

Starts from the last sale price (AED 347K, 16 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 347,225
Deposit, UAE resident (20%)
AED 69,445
Deposit, non-resident (40%)
AED 138,890
Monthly over 25 years at 3.7%
AED 1,421

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