1-bed · 666 sqftWavez Residence, Liwan · 7th floor · completed 2022

B702, Wavez Residence

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B702 · DLD and Ejari recordsUpdated 17 September 2026
Last soldAED 606K7 July 2021
Current rentAED 56K /yr17 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B702, Wavez Residence

What is B702 worth today?

Last sold for AED 606,250 in 2021

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17 Sep 2026RentedNew contract
AED 56,000/yr12 months · AED 84 per sqft
1 Sep 2025RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
1 Sep 2024RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
7 Jul 2021Sold by developerOff-plan
AED 606,250AED 909 per sqft

Source: Dubai Land Department. Updated 17 September 2026.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
7th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 606K · July 2021

About B702, Wavez Residence

B702 is a one-bedroom apartment of 666 sqft on the 7th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 7 July 2021 for AED 606,250, or AED 909 per sqft, in line with the AED 886 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 17 September 2026, is AED 56,000 a year: a gross yield of 9.2% on the 2021 price.

Sales and rents for B702 over time

Sales
Unit B702, each saleTypical one-bed in Wavez Residence
600K700K800K20192021202320252027Typical sale price by year: 2019 AED 602,700; 2020 AED 606,000; 2021 AED 596,550; 2023 AED 652,680; 2024 AED 709,000; 2025 AED 790,000; 2026 AED 775,000Sold by developer, July 2021: AED 606,250 (AED 909 per sqft)

B702 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B702, each contractTypical one-bed in Wavez Residence
55K60K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 60,000Renewal, September 2024: AED 52,000 a yearRenewal, September 2025: AED 52,000 a yearNew contract, September 2026: AED 56,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Wavez Residence, and where B702 sits

All 76 1-beds →

B702 last sold in July 2021 at AED 909 per sqft, in line with what one-beds in Wavez Residence were fetching at the time (AED 886). Over the last 12 months one-beds sold for AED 700,000 to 830,000, around AED 1,185 per sqft, and rent for AED 48,300 to 73,000 a year. B702's AED 56,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026700,000
30 Jul 2026750,000
21 May 2026790,000
29 Apr 2026830,000
9 1-bed 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 7th floor

All 414 units in Wavez Residence
Value
A7011-bedAED 615K · Nov 2023
A7021-bedAED 830K · Dec 2025
A7031-bedAED 606K · Aug 2021
A7041-bedAED 698K · Sep 2024
A705StudioAED 376K · Feb 2020
A706StudioAED 385K · Oct 2019
A707StudioAED 385K · Oct 2019
1–7 of 41

B702, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 7 July 2021 for AED 606,250, or AED 909 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, from AED 52,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2021 price is 9.2%.
  • One-beds in Wavez Residence sold for AED 700,000–830,000 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 17 September 2026.

Questions about B702, Wavez Residence

What did unit B702 last sell for?

AED 606,250 on 7 July 2021, sold by the developer: AED 909 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit B702?

AED 56,000 a year on the contract signed on 17 September 2026. The previous contract, from September 2025, was AED 52,000; the unit has been rented since September 2024.

How big is unit B702?

666 sqft (61.9 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2022.

What is unit B702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wavez Residence sold for AED 700,000 to 830,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on B702, Wavez Residence

Starts from the last sale price (AED 606K, 7 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 606,250
Deposit, UAE resident (20%)
AED 121,250
Deposit, non-resident (40%)
AED 242,500
Monthly over 25 years at 3.7%
AED 2,480

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