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Studio · 407 sqftWavez Residence, Liwan · 3rd floor · completed 2022

B311, Wavez Residence

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

Unit B311 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 415K13 June 2024
Current rentAED 45K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B311, Wavez Residence

What is B311 worth today?

Last sold for AED 415,000 in 2024

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15 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
5 Sep 2024RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft
13 Jun 2024SoldReady
AED 415,000AED 1,018 per sqft
28 Nov 2019Sold by developerOff-plan
AED 332,500AED 819 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
3rd of 10
Parking
P1-48
Developer
Danube Properties Development
Completed
2022
Last sold
AED 415K · June 2024
Building
Wavez Residence

About B311, Wavez Residence

B311 is a studio of 407 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 13 June 2024 for AED 415,000, or AED 1,018 per sqft, 6% above the AED 958 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 September 2025, is AED 45,000 a year: a gross yield of 10.8% on the 2024 price.

Sales and rents for B311 over time

Sales
Unit B311, each saleTypical studio in Wavez Residence
300K400K500K20192021202320252027Typical 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, November 2019: AED 332,500 (AED 819 per sqft)Sold, June 2024: AED 415,000 (AED 1,018 per sqft)

B311 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B311, 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, September 2024: AED 42,000 a yearNew contract, September 2025: AED 45,000 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 B311 sits

All 338 studios →

B311 last sold in June 2024 at AED 1,018 per sqft, 6% 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. B311's AED 45,000 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

B311, Wavez Residence in numbers

  • Sold twice: first on 28 November 2019 for AED 332,500, last on 13 June 2024 for AED 415,000 (AED 1,018 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, from AED 42,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 10.8%.
  • 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 September 2025.

Questions about B311, Wavez Residence

What did unit B311 last sell for?

AED 415,000 on 13 June 2024: AED 1,018 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 332,500 in November 2019.

What is the rent for unit B311?

AED 45,000 a year on the contract signed on 15 September 2025. The previous contract, from September 2024, was AED 42,000.

How big is unit B311?

407 sqft (37.8 sqm): a studio on the 3rd floor of a 10-storey tower completed in 2022.

What is unit B311 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 B311, Wavez Residence

Starts from the last sale price (AED 415K, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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