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Studio · 402 sqftWavez Residence, Liwan · 6th floor · completed 2022

B607, Wavez Residence

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B607 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 382K24 November 2019
Current rentAED 51K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B607, Wavez Residence

What is B607 worth today?

Last sold for AED 382,000 in 2019

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5 Mar 2026RentedNew contract
AED 51,000/yr12 months · AED 127 per sqft
11 Nov 2025RentedRenewal
AED 35,700/yr12 months · AED 89 per sqft
11 Nov 2024RentedRenewal
AED 34,000/yr12 months · AED 84 per sqft
24 Nov 2019Sold by developerOff-plan
AED 382,000AED 950 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
6th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 382K · November 2019
Building
Wavez Residence

About B607, Wavez Residence

B607 is a studio of 402 sqft on the 6th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 24 November 2019 for AED 382,000, or AED 950 per sqft, 8% above the AED 877 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 5 March 2026, is AED 51,000 a year: a gross yield of 13.4% on the 2019 price.

Sales and rents for B607 over time

Sales
Unit B607, 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, November 2019: AED 382,000 (AED 950 per sqft)

B607 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B607, each contractTypical studio in Wavez Residence
40K50K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, November 2024: AED 34,000 a yearRenewal, November 2025: AED 35,700 a yearNew contract, March 2026: AED 51,000 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 B607 sits

All 338 studios →

B607 last sold in November 2019 at AED 950 per sqft, 8% above what studios in Wavez Residence were fetching at the time (AED 877). 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. B607's AED 51,000 is in the upper 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 6th floor

All 414 units in Wavez Residence
Value
A6011-bedAED 585K · Feb 2020
A6021-bedAED 584K · Dec 2019
A6031-bedAED 588K · Jul 2021
A6041-bedAED 584K · Feb 2020
A605StudioAED 382K · Oct 2019
A606StudioAED 382K · Nov 2019
A607StudioAED 385K · Dec 2019
1–7 of 41

B607, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 24 November 2019 for AED 382,000, or AED 950 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, from AED 34,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2019 price is 13.4%.
  • 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 5 March 2026.

Questions about B607, Wavez Residence

What did unit B607 last sell for?

AED 382,000 on 24 November 2019, sold by the developer: AED 950 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit B607?

AED 51,000 a year on the contract signed on 5 March 2026. The previous contract, from November 2025, was AED 35,700; the unit has been rented since November 2024.

How big is unit B607?

402 sqft (37.3 sqm): a studio on the 6th floor of a 10-storey tower completed in 2022.

What is unit B607 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 B607, Wavez Residence

Starts from the last sale price (AED 382K, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 382,000
Deposit, UAE resident (20%)
AED 76,400
Deposit, non-resident (40%)
AED 152,800
Monthly over 25 years at 3.7%
AED 1,563

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