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Studio · 407 sqftWavez Residence, Liwan · 2nd floor · completed 2022

B220, Wavez Residence

Sold prices and rental history: sold twice, last in December 2024, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B220 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 480K30 December 2024
Current rentAED 41K /yr17 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B220, Wavez Residence

What is B220 worth today?

Last sold for AED 480,000 in 2024

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30 Dec 2024SoldReady
AED 480,000AED 1,179 per sqft
17 Dec 2023RentedNew contract
AED 41,000/yr12 months · AED 101 per sqft
19 Feb 2020Sold by developerOff-plan
AED 343,000AED 845 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
2nd of 10
Parking
G-96
Developer
Danube Properties Development
Completed
2022
Last sold
AED 480K · December 2024
Building
Wavez Residence

About B220, Wavez Residence

B220 is a studio of 407 sqft on the 2nd floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 30 December 2024 for AED 480,000, or AED 1,179 per sqft, 10% above the AED 1,075 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2023. The current contract, signed on 17 December 2023, is AED 41,000 a year: a gross yield of 8.5% on the 2024 price.

Sales and rents for B220 over time

Sales
Unit B220, 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 343,000 (AED 845 per sqft)Sold, December 2024: AED 480,000 (AED 1,179 per sqft)

B220 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B220, 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 2023: AED 41,000 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 B220 sits

All 338 studios →

B220 last sold in December 2024 at AED 1,179 per sqft, 10% above what studios in Wavez Residence were fetching at the time (AED 1,075). 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. B220's AED 41,000 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 2nd floor

All 414 units in Wavez Residence
Value
A2011-bedAED 800K · Feb 2026
A2021-bedAED 615K · Feb 2020
A2031-bedAED 760K · Jan 2026
A2041-bedAED 573K · Nov 2019
A205StudioAED 363K · Nov 2019
A206StudioAED 525K · Jun 2025
A207StudioAED 380K · Mar 2023
1–7 of 41

B220, Wavez Residence in numbers

  • Sold twice: first on 19 February 2020 for AED 343,000, last on 30 December 2024 for AED 480,000 (AED 1,179 per sqft).
  • Rented since December 2023 on one Ejari contract, at AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2024 price is 8.5%.
  • 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 30 December 2024.

Questions about B220, Wavez Residence

What did unit B220 last sell for?

AED 480,000 on 30 December 2024: AED 1,179 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 343,000 in February 2020.

What is the rent for unit B220?

AED 41,000 a year on the contract signed on 17 December 2023.

How big is unit B220?

407 sqft (37.8 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2022.

What is unit B220 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 B220, Wavez Residence

Starts from the last sale price (AED 480K, 30 December 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 →