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

B711, Wavez Residence

Sold prices and rental history: sold twice, last in March 2026, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B711 · DLD and Ejari recordsUpdated 12 June 2026
Last soldAED 550K25 March 2026
Current rentAED 40K /yr12 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B711, Wavez Residence

What is B711 worth today?

Last sold for AED 550,000 in 2026

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12 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
25 Mar 2026SoldReady
AED 550,000AED 1,349 per sqft
13 Dec 2020Sold by developerOff-plan
AED 385,000AED 948 per sqft

Source: Dubai Land Department. Updated 12 June 2026.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
7th of 10
Parking
P2-58
Developer
Danube Properties Development
Completed
2022
Last sold
AED 550K · March 2026
Building
Wavez Residence

About B711, Wavez Residence

B711 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 25 March 2026 for AED 550,000, or AED 1,349 per sqft, 4% above the AED 1,297 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 June 2026. The current contract, signed on 12 June 2026, is AED 40,000 a year: a gross yield of 7.3% on the 2026 price.

Sales and rents for B711 over time

Sales
Unit B711, each saleTypical studio in Wavez Residence
300K400K500K20192021202320252027Typical 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, December 2020: AED 385,000 (AED 948 per sqft)Sold, March 2026: AED 550,000 (AED 1,349 per sqft)

B711 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B711, 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, June 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 B711 sits

All 338 studios →

B711 last sold in March 2026 at AED 1,349 per sqft, 4% above what studios in Wavez Residence were fetching at the time (AED 1,297). 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. B711'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

B711, Wavez Residence in numbers

  • Sold twice: first on 13 December 2020 for AED 385,000, last on 25 March 2026 for AED 550,000 (AED 1,349 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2026 price is 7.3%.
  • 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 12 June 2026.

Questions about B711, Wavez Residence

What did unit B711 last sell for?

AED 550,000 on 25 March 2026: AED 1,349 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 385,000 in December 2020.

What is the rent for unit B711?

AED 40,000 a year on the contract signed on 12 June 2026.

How big is unit B711?

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

What is unit B711 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 B711, Wavez Residence

Starts from the last sale price (AED 550K, 25 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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