1-bed · 915 sqftWaves Grande, Sobha Hartland · 14th floor · completed 2024

1407, Waves Grande

Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.53M4 April 2022
Current rentAED 110K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Waves Grande

What is 1407 worth today?

Last sold for AED 1,532,156 in 2022

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1 Dec 2024RentedRenewal
AED 110,000/yr12 months · AED 120 per sqft
4 Apr 2022Sold by developerOff-plan
AED 1,532,156AED 1,674 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
14th of 35
Parking
1
Developer
Sobha
Completed
2024
Service charge
AED 12,600 /yr
Last sold
AED 1.53M · April 2022
Building
Waves Grande

About 1407, Waves Grande

1407 is a one-bedroom apartment of 915 sqft on the 14th floor of Waves Grande, a 35-storey tower in Sobha Hartland completed in 2024 by Sobha. The developer sold it on 4 April 2022 for AED 1,532,156, or AED 1,674 per sqft, in line with the AED 1,699 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, renewed on 1 December 2024, is AED 110,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Waves Grande
1.5M2021202320252027Typical sale price by year: 2021 AED 1,231,228; 2022 AED 1,380,638; 2023 AED 1,400,000; 2024 AED 1,593,808; 2025 AED 1,815,000; 2026 AED 1,811,000Sold by developer, April 2022: AED 1,532,156 (AED 1,674 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Waves Grande
110K110K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 110,000; 2026 AED 109,995Renewal, December 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Waves Grande, and where 1407 sits

All 306 1-beds →

1407 last sold in April 2022 at AED 1,674 per sqft, in line with what one-beds in Waves Grande were fetching at the time (AED 1,699). Over the last 12 months one-beds sold for AED 1,750,000 to 2,200,000, around AED 2,130 per sqft, and rent for AED 80,000 to 220,000 a year. 1407's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 202698,683
10 Jul 20261,750,000
19 May 20261,750,000
13 Apr 20261,772,000
12 1-bed sales in the last 12 months

Waves Grande

Building

398 apartments, 1-bed to 4-bed over 35 floors in Sobha Hartland, completed in 2024 by Sobha. 18 sold in the last 12 months.

Typical price per sqft
AED 2,130 Down 0.1%
Typical sale
AED 1.96M
Typical rent
AED 115K /yr
Typical yield
6.2%
Waves Grande, Sobha Hartland: prices, sales and rents →

Other units on the 14th floor

All 398 units in Waves Grande
Value
14011-bedAED 1.38M · Apr 2022
14021-bedAED 1.21M · Aug 2022
14031-bedAED 1.21M · Feb 2022
14042-bedAED 2.25M · Feb 2022
14052-bedAED 2.14M · Apr 2022
14061-bedAED 1.53M · Jun 2022
14081-bedAED 1.6M · Oct 2023
1–7 of 13

1407, Waves Grande in numbers

  • Sold once: by Sobha on 4 April 2022 for AED 1,532,156, or AED 1,674 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 12,600 a year (AED 13.77 per sqft).
  • One-beds in Waves Grande sold for AED 1,750,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,130 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 1407, Waves Grande

What did unit 1407 last sell for?

AED 1,532,156 on 4 April 2022, sold by the developer: AED 1,674 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 110,000 a year on the contract renewed on 1 December 2024.

How big is unit 1407?

915 sqft (85.0 sqm): a one-bedroom apartment on the 14th floor of a 35-storey tower completed in 2024.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Waves Grande sold for AED 1,750,000 to 2,200,000 in the last 12 months, around AED 2,130 per sqft.

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Mortgage on 1407, Waves Grande

Starts from the last sale price (AED 1.53M, 4 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,532,156
Deposit, UAE resident (20%)
AED 306,431
Deposit, non-resident (40%)
AED 612,862
Monthly over 25 years at 3.7%
AED 6,269

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