Studio · 407 sqftWavez Residence, Liwan · 7th floor · completed 2022

B710, Wavez Residence

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

Unit B710 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 500K29 February 2024
Current rentAED 40K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B710, Wavez Residence

What is B710 worth today?

Last sold for AED 500,000 in 2024

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21 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
29 Feb 2024SoldReady
AED 500,000AED 1,227 per sqft
11 Feb 2020Sold by developerOff-plan
AED 360,000AED 887 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
7th of 10
Parking
P2-49
Developer
Danube Properties Development
Completed
2022
Last sold
AED 500K · February 2024

About B710, Wavez Residence

B710 is a studio of 407 sqft on the 7th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 29 February 2024 for AED 500,000, or AED 1,227 per sqft, 34% above the AED 919 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 March 2024. The current contract, signed on 21 March 2024, is AED 40,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for B710 over time

Sales
Unit B710, 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 360,000 (AED 887 per sqft)Sold, February 2024: AED 500,000 (AED 1,227 per sqft)

B710 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B710, each contractTypical studio in Wavez Residence
38K40K42K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000New contract, March 2024: 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 B710 sits

All 338 studios →

B710 last sold in February 2024 at AED 1,227 per sqft, 34% above what studios in Wavez Residence were fetching at the time (AED 919). 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. B710'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 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

B710, Wavez Residence in numbers

  • Sold twice: first on 11 February 2020 for AED 360,000, last on 29 February 2024 for AED 500,000 (AED 1,227 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.0%.
  • 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 21 March 2024.

Questions about B710, Wavez Residence

What did unit B710 last sell for?

AED 500,000 on 29 February 2024: AED 1,227 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 360,000 in February 2020.

What is the rent for unit B710?

AED 40,000 a year on the contract signed on 21 March 2024.

How big is unit B710?

407 sqft (37.8 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit B710 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 B710, Wavez Residence

Starts from the last sale price (AED 500K, 29 February 2024). 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 →