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Studio · 406 sqftWavez Residence, Liwan · 4th floor · completed 2022

B418, Wavez Residence

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B418 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 343K22 March 2020
Current rentAED 40K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B418, Wavez Residence

What is B418 worth today?

Last sold for AED 343,000 in 2020

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2 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
25 Feb 2026RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
22 Mar 2020Sold by developerOff-plan
AED 343,000AED 845 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
4th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 343K · March 2020
Building
Wavez Residence

About B418, Wavez Residence

B418 is a studio of 406 sqft on the 4th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 22 March 2020 for AED 343,000, or AED 845 per sqft, in line with the AED 862 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 2 October 2026, is AED 40,000 a year: a gross yield of 11.7% on the 2020 price.

Sales and rents for B418 over time

Sales
Unit B418, 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, March 2020: AED 343,000 (AED 845 per sqft)

B418 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B418, each contractTypical studio in Wavez Residence
40K45K202320252027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, February 2026: AED 45,000 a yearNew contract, October 2026: AED 40,000 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 B418 sits

All 338 studios →

B418 last sold in March 2020 at AED 845 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 862). 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. B418's AED 40,000 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 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

B418, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 22 March 2020 for AED 343,000, or AED 845 per sqft.
  • Rented since February 2026 on 2 Ejari contracts, from AED 45,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 11.7%.
  • 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 2 October 2026.

Questions about B418, Wavez Residence

What did unit B418 last sell for?

AED 343,000 on 22 March 2020, sold by the developer: AED 845 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit B418?

AED 40,000 a year on the contract signed on 2 October 2026. The previous contract, from February 2026, was AED 45,000.

How big is unit B418?

406 sqft (37.7 sqm): a studio on the 4th floor of a 10-storey tower completed in 2022.

What is unit B418 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 B418, Wavez Residence

Starts from the last sale price (AED 343K, 22 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 343,000
Deposit, UAE resident (20%)
AED 68,600
Deposit, non-resident (40%)
AED 137,200
Monthly over 25 years at 3.7%
AED 1,403

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