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Studio · 406 sqftWavez Residence, Liwan · 7th floor · completed 2022

B715, Wavez Residence

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B715 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 350K16 February 2020
Current rentAED 40K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B715, Wavez Residence

What is B715 worth today?

Last sold for AED 350,000 in 2020

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1 May 2026RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
1 May 2025RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
1 May 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
16 Feb 2020Sold by developerOff-plan
AED 350,000AED 862 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
7th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 350K · February 2020
Building
Wavez Residence

About B715, Wavez Residence

B715 is a studio of 406 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 16 February 2020 for AED 350,000, or AED 862 per sqft, in line with the AED 862 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 40,000 a year: a gross yield of 11.4% on the 2020 price.

Sales and rents for B715 over time

Sales
Unit B715, 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 350,000 (AED 862 per sqft)

B715 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B715, 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, May 2024: AED 40,000 a yearRenewal, May 2025: AED 40,000 a yearRenewal, May 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 B715 sits

All 338 studios →

B715 last sold in February 2020 at AED 862 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 862). 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. B715'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

B715, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 16 February 2020 for AED 350,000, or AED 862 per sqft.
  • Rented since May 2024 on 3 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 11.4%.
  • 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 1 May 2026.

Questions about B715, Wavez Residence

What did unit B715 last sell for?

AED 350,000 on 16 February 2020, sold by the developer: AED 862 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit B715?

AED 40,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 40,000; the unit has been rented since May 2024.

How big is unit B715?

406 sqft (37.7 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit B715 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 B715, Wavez Residence

Starts from the last sale price (AED 350K, 16 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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