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Studio · 407 sqftWavez Residence, Liwan · 1st floor · completed 2022

B115, Wavez Residence

Sold prices and rental history: sold twice, last in June 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B115 · DLD and Ejari recordsUpdated 11 September 2025
Last soldAED 480K5 June 2024
Current rentAED 50K /yr11 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B115, Wavez Residence

What is B115 worth today?

Last sold for AED 480,000 in 2024

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11 Sep 2025RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
5 Jun 2024SoldReady
AED 480,000AED 1,178 per sqft
16 Jan 2020Sold by developerOff-plan
AED 350,000AED 863 per sqft

Source: Dubai Land Department. Updated 11 September 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
1st of 10
Parking
G-109
Developer
Danube Properties Development
Completed
2022
Last sold
AED 480K · June 2024
Building
Wavez Residence

About B115, Wavez Residence

B115 is a studio of 407 sqft on the 1st floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 5 June 2024 for AED 480,000, or AED 1,178 per sqft, 23% above the AED 958 studios in the building were fetching at the time.

One Ejari contract is registered, from 11 September 2025. The current contract, signed on 11 September 2025, is AED 50,000 a year: a gross yield of 10.4% on the 2024 price.

Sales and rents for B115 over time

Sales
Unit B115, 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, January 2020: AED 350,000 (AED 863 per sqft)Sold, June 2024: AED 480,000 (AED 1,178 per sqft)

B115 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B115, each contractTypical studio in Wavez Residence
40K50K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, September 2025: AED 50,000 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 B115 sits

All 338 studios →

B115 last sold in June 2024 at AED 1,178 per sqft, 23% above what studios in Wavez Residence were fetching at the time (AED 958). 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. B115's AED 50,000 is in the upper 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 1st floor

All 414 units in Wavez Residence
Value
A1011-bedAED 566K · Oct 2021
A1021-bedAED 730K · Mar 2026
A103StudioAED 349K · Feb 2020
A104StudioAED 367K · Feb 2020
A105StudioAED 515K · May 2026
A106StudioAED 410K · May 2024
A107StudioAED 332K · Nov 2019
1–7 of 35

B115, Wavez Residence in numbers

  • Sold twice: first on 16 January 2020 for AED 350,000, last on 5 June 2024 for AED 480,000 (AED 1,178 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 10.4%.
  • 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 11 September 2025.

Questions about B115, Wavez Residence

What did unit B115 last sell for?

AED 480,000 on 5 June 2024: AED 1,178 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 350,000 in January 2020.

What is the rent for unit B115?

AED 50,000 a year on the contract signed on 11 September 2025.

How big is unit B115?

407 sqft (37.8 sqm): a studio on the 1st floor of a 10-storey tower completed in 2022.

What is unit B115 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 B115, Wavez Residence

Starts from the last sale price (AED 480K, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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