Home
Dubai prices
About
Research
Studio · 407 sqftWavez Residence, Liwan · 4th floor · completed 2022

B416, Wavez Residence

Sold prices and rental history: sold twice, last in March 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B416 · DLD and Ejari recordsUpdated 6 March 2026
Last soldAED 500K6 March 2026
Current rentAED 35K /yr18 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow B416

Property timeline for B416, Wavez Residence

What is B416 worth today?

Last sold for AED 500,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Mar 2026SoldReady
AED 500,000AED 1,228 per sqft
18 Oct 2025RentedRenewal
AED 34,650/yr12 months · AED 85 per sqft
18 Oct 2024RentedRenewal
AED 33,000/yr12 months · AED 81 per sqft
11 Feb 2020Sold by developerOff-plan
AED 340,000AED 838 per sqft

Source: Dubai Land Department. Updated 6 March 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
4th of 10
Parking
P1-143
Developer
Danube Properties Development
Completed
2022
Last sold
AED 500K · March 2026
Building
Wavez Residence

About B416, Wavez Residence

B416 is a studio of 407 sqft on the 4th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 6 March 2026 for AED 500,000, or AED 1,228 per sqft, 5% below the AED 1,286 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 18 October 2025, is AED 34,650 a year: a gross yield of 6.9% on the 2026 price.

Sales and rents for B416 over time

Sales
Unit B416, 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 340,000 (AED 838 per sqft)Sold, March 2026: AED 500,000 (AED 1,228 per sqft)

B416 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B416, each contractTypical studio in Wavez Residence
35K40K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, October 2024: AED 33,000 a yearRenewal, October 2025: AED 34,650 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 B416 sits

All 338 studios →

B416 last sold in March 2026 at AED 1,228 per sqft, 5% below what studios in Wavez Residence were fetching at the time (AED 1,286). 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. B416's AED 34,650 is at the bottom 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 4th floor

All 414 units in Wavez Residence
Value
A4011-bedAED 740K · Oct 2024
A4021-bedAED 595K · Feb 2020
A4031-bedAED 653K · Aug 2023
A4041-bedAED 584K · Nov 2019
A405StudioAED 379K · Oct 2019
A406StudioAED 460K · Jul 2024
A407StudioAED 445K · Dec 2024
1–7 of 41

B416, Wavez Residence in numbers

  • Sold twice: first on 11 February 2020 for AED 340,000, last on 6 March 2026 for AED 500,000 (AED 1,228 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, from AED 33,000 to AED 34,650 a year.
  • At AED 34,650 a year the gross yield on the 2026 price is 6.9%.
  • 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 6 March 2026.

Questions about B416, Wavez Residence

What did unit B416 last sell for?

AED 500,000 on 6 March 2026: AED 1,228 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 340,000 in February 2020.

What is the rent for unit B416?

AED 34,650 a year on the contract renewed on 18 October 2025. The previous contract, from October 2024, was AED 33,000.

How big is unit B416?

407 sqft (37.8 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit B416 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.

Selling B416? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B416, Wavez Residence

Starts from the last sale price (AED 500K, 6 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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