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Studio · 399 sqftWavez Residence, Liwan · 3rd floor · completed 2022

B308, Wavez Residence

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

Unit B308 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 445K31 October 2024
Current rentAED 42K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B308, Wavez Residence

What is B308 worth today?

Last sold for AED 445,000 in 2024

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10 Apr 2026RentedRenewal
AED 42,000/yr12 months · AED 105 per sqft
10 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
31 Oct 2024SoldReady
AED 445,000AED 1,115 per sqft
10 Apr 2024RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
5 Feb 2020Sold by developerOff-plan
AED 378,180AED 935 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
3rd of 10
Parking
G-87
Developer
Danube Properties Development
Completed
2022
Last sold
AED 445K · October 2024
Building
Wavez Residence

About B308, Wavez Residence

B308 is a studio of 399 sqft on the 3rd floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 31 October 2024 for AED 445,000, or AED 1,115 per sqft, 6% above the AED 1,055 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 42,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for B308 over time

Sales
Unit B308, 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 378,180 (AED 935 per sqft)Sold, October 2024: AED 445,000 (AED 1,115 per sqft)

B308 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B308, 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, April 2024: AED 40,000 a yearNew contract, April 2025: AED 42,000 a yearRenewal, April 2026: AED 42,000 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 B308 sits

All 338 studios →

B308 last sold in October 2024 at AED 1,115 per sqft, 6% above what studios in Wavez Residence were fetching at the time (AED 1,055). 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. B308's AED 42,000 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 3rd floor

All 414 units in Wavez Residence
Value
A3011-bedAED 585K · Jun 2021
A3021-bedAED 584K · May 2021
A3031-bedAED 750K · Jul 2026
A3041-bedAED 566K · Jun 2021
A305StudioAED 379K · Nov 2019
A306StudioAED 415K · Aug 2023
A307StudioAED 379K · Oct 2019
1–7 of 41

B308, Wavez Residence in numbers

  • Sold twice: first on 5 February 2020 for AED 378,180, last on 31 October 2024 for AED 445,000 (AED 1,115 per sqft).
  • Rented since April 2024 on 3 Ejari contracts, from AED 40,000 to AED 42,000 a year.
  • At AED 42,000 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 10 April 2026.

Questions about B308, Wavez Residence

What did unit B308 last sell for?

AED 445,000 on 31 October 2024: AED 1,115 per sqft for 399 sqft. The unit has 2 registered sales; the first was AED 378,180 in February 2020.

What is the rent for unit B308?

AED 42,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 42,000; the unit has been rented since April 2024.

How big is unit B308?

399 sqft (37.1 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2022.

What is unit B308 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 B308, Wavez Residence

Starts from the last sale price (AED 445K, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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