1-bed · 711 sqftWaves Grande, Sobha Hartland · 16th floor · completed 2024

1612, Waves Grande

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 1.7M12 September 2024
Current rentAED 120K /yr18 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Waves Grande

What is 1612 worth today?

Last sold for AED 1,700,000 in 2024

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18 Nov 2025RentedRenewal
AED 120,000/yr12 months · AED 169 per sqft
18 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 169 per sqft
12 Sep 2024SoldReady
AED 1,700,000AED 2,390 per sqft
26 Mar 2024SoldReady
AED 1,300,000AED 1,827 per sqft
25 Oct 2023Sold by developerOff-plan
AED 1,202,399AED 1,675 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
1-bed apartment
Size
711 sqft
Floor
16th of 35
Parking
P3-34
Developer
Sobha
Completed
2024
Service charge
AED 9,800 /yr
Last sold
AED 1.7M · September 2024
Building
Waves Grande

About 1612, Waves Grande

1612 is a one-bedroom apartment of 711 sqft on the 16th floor of Waves Grande, a 35-storey tower in Sobha Hartland completed in 2024 by Sobha. It last sold on 12 September 2024 for AED 1,700,000, or AED 2,390 per sqft, 26% above the AED 1,893 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 120,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, October 2023: AED 1,202,399 (AED 1,675 per sqft)Sold, March 2024: AED 1,300,000 (AED 1,827 per sqft)Sold, September 2024: AED 1,700,000 (AED 2,390 per sqft)

1612 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1612, each contractTypical one-bed in Waves Grande
110K115K120K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 110,000; 2026 AED 109,995New contract, November 2024: AED 120,000 a yearRenewal, November 2025: AED 120,000 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 1612 sits

All 306 1-beds →

1612 last sold in September 2024 at AED 2,390 per sqft, 26% above what one-beds in Waves Grande were fetching at the time (AED 1,893). 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. 1612's AED 120,000 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 16th floor

All 398 units in Waves Grande
Value
16011-bedAED 1.4M · Jan 2024
16021-bedAED 1.44M · May 2024
16031-bedAED 1.37M · Feb 2024
16042-bedAED 3.05M · Oct 2025
16052-bedAED 2.14M · Jun 2022
16061-bedAED 1.81M · Nov 2024
16071-bedAED 1.72M · Jun 2024
1–7 of 13

1612, Waves Grande in numbers

  • Sold 3 times: first on 25 October 2023 for AED 1,202,399, last on 12 September 2024 for AED 1,700,000 (AED 2,390 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 9,800 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 18 November 2025.

Questions about 1612, Waves Grande

What did unit 1612 last sell for?

AED 1,700,000 on 12 September 2024: AED 2,390 per sqft for 711 sqft. The unit has 3 registered sales; the first was AED 1,202,399 in October 2023.

What is the rent for unit 1612?

AED 120,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 120,000.

How big is unit 1612?

711 sqft (66.1 sqm): a one-bedroom apartment on the 16th floor of a 35-storey tower completed in 2024.

What is unit 1612 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 1612, Waves Grande

Starts from the last sale price (AED 1.7M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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