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Studio · 407 sqftWavez Residence, Liwan · 5th floor · completed 2022

B517, Wavez Residence

Sold prices and rental history: sold 3 times, last in August 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B517 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 470K27 August 2026
Current rentAED 47K /yr6 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B517, Wavez Residence

What is B517 worth today?

Last sold for AED 470,000 in 2026

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27 Aug 2026SoldReady
AED 470,000AED 1,155 per sqft
6 Sep 2025RentedRenewal
AED 47,000/yr12 months · AED 116 per sqft
6 Sep 2024RentedNew contract
AED 47,000/yr12 months · AED 116 per sqft
5 Apr 2024SoldReady
AED 430,000AED 1,056 per sqft
16 Feb 2020Sold by developerOff-plan
AED 331,550AED 817 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
5th of 10
Parking
P1-85
Developer
Danube Properties Development
Completed
2022
Last sold
AED 470K · August 2026
Building
Wavez Residence

About B517, Wavez Residence

B517 is a studio of 407 sqft on the 5th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 27 August 2026 for AED 470,000, or AED 1,155 per sqft, 10% below the AED 1,277 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 6 September 2025, is AED 47,000 a year: a gross yield of 10.0% on the 2026 price.

Sales and rents for B517 over time

Sales
Unit B517, each saleTypical studio in Wavez Residence
300K400K500K201920222025Typical 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 331,550 (AED 817 per sqft)Sold, April 2024: AED 430,000 (AED 1,056 per sqft)Sold, August 2026: AED 470,000 (AED 1,155 per sqft)

B517 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B517, 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 47,000 a yearRenewal, September 2025: AED 47,000 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 B517 sits

All 338 studios →

B517 last sold in August 2026 at AED 1,155 per sqft, 10% below what studios in Wavez Residence were fetching at the time (AED 1,277). 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. B517's AED 47,000 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 5th floor

All 414 units in Wavez Residence
Value
A5011-bedAED 615K · Aug 2020
A5021-bedAED 600K · Mar 2020
A5031-bedAED 603K · Oct 2019
A5041-bedAED 730K · Mar 2024
A505StudioAED 379K · Dec 2019
A506StudioAED 515K · Nov 2025
A507StudioAED 350K · Nov 2021
1–7 of 41

B517, Wavez Residence in numbers

  • Sold 3 times: first on 16 February 2020 for AED 331,550, last on 27 August 2026 for AED 470,000 (AED 1,155 per sqft).
  • Rented since September 2024 on 2 Ejari contracts, at AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2026 price is 10.0%.
  • 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 27 August 2026.

Questions about B517, Wavez Residence

What did unit B517 last sell for?

AED 470,000 on 27 August 2026: AED 1,155 per sqft for 407 sqft. The unit has 3 registered sales; the first was AED 331,550 in February 2020.

What is the rent for unit B517?

AED 47,000 a year on the contract renewed on 6 September 2025. The previous contract, from September 2024, was AED 47,000.

How big is unit B517?

407 sqft (37.8 sqm): a studio on the 5th floor of a 10-storey tower completed in 2022.

What is unit B517 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 B517, Wavez Residence

Starts from the last sale price (AED 470K, 27 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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