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

B720, Wavez Residence

Sold prices and rental history: sold twice, last in July 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B720 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 350K26 July 2023
Current rentAED 40K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B720, Wavez Residence

What is B720 worth today?

Last sold for AED 350,000 in 2023

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28 Aug 2025RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
17 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
26 Jul 2023SoldReady
AED 350,000AED 860 per sqft
16 Feb 2020Sold by developerOff-plan
AED 337,250AED 830 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
7th of 10
Parking
P2-97
Developer
Danube Properties Development
Completed
2022
Last sold
AED 350K · July 2023
Building
Wavez Residence

About B720, Wavez Residence

B720 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 26 July 2023 for AED 350,000, or AED 860 per sqft, in line with the AED 861 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 28 August 2025, is AED 40,000 a year: a gross yield of 11.4% on the 2023 price.

Sales and rents for B720 over time

Sales
Unit B720, 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 337,250 (AED 830 per sqft)Sold, July 2023: AED 350,000 (AED 860 per sqft)

B720 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B720, 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, August 2024: AED 40,000 a yearRenewal, August 2025: 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 B720 sits

All 338 studios →

B720 last sold in July 2023 at AED 860 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 861). 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. B720'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

B720, Wavez Residence in numbers

  • Sold twice: first on 16 February 2020 for AED 337,250, last on 26 July 2023 for AED 350,000 (AED 860 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 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 28 August 2025.

Questions about B720, Wavez Residence

What did unit B720 last sell for?

AED 350,000 on 26 July 2023: AED 860 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 337,250 in February 2020.

What is the rent for unit B720?

AED 40,000 a year on the contract renewed on 28 August 2025. The previous contract, from August 2024, was AED 40,000.

How big is unit B720?

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

What is unit B720 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 B720, Wavez Residence

Starts from the last sale price (AED 350K, 26 July 2023). 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 →