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

B717, Wavez Residence

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B717 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 350K15 December 2019
Current rentAED 46K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B717, Wavez Residence

What is B717 worth today?

Last sold for AED 350,000 in 2019

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15 Feb 2026RentedRenewal
AED 46,000/yr12 months · AED 116 per sqft
15 Feb 2025RentedRenewal
AED 44,000/yr12 months · AED 110 per sqft
15 Feb 2025RentedRenewal
AED 44,000/yr12 months · AED 110 per sqft
15 Dec 2019Sold by developerOff-plan
AED 350,000AED 862 per sqft

Source: Dubai Land Department. Updated 15 February 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 · December 2019
Building
Wavez Residence

About B717, Wavez Residence

B717 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 15 December 2019 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 2025 on 3 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 46,000 a year: a gross yield of 13.1% on the 2019 price.

Sales and rents for B717 over time

Sales
Unit B717, 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, December 2019: AED 350,000 (AED 862 per sqft)

B717 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B717, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 38,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 42,000Renewal, February 2025: AED 44,000 a yearRenewal, February 2025: AED 44,000 a yearRenewal, February 2026: AED 46,000 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 B717 sits

All 338 studios →

B717 last sold in December 2019 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. B717's AED 46,000 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

B717, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 15 December 2019 for AED 350,000, or AED 862 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, from AED 44,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2019 price is 13.1%.
  • 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 15 February 2026.

Questions about B717, Wavez Residence

What did unit B717 last sell for?

AED 350,000 on 15 December 2019, 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 B717?

AED 46,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 44,000; the unit has been rented since February 2025.

How big is unit B717?

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

What is unit B717 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 B717, Wavez Residence

Starts from the last sale price (AED 350K, 15 December 2019). 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 →