2-bed · 1,488 sqftWaves Grande, Sobha Hartland · completed 2024

407, Waves Grande

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 2.43M27 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Waves Grande

What is 407 worth today?

Last sold for AED 2,430,000 in 2024

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27 Jun 2024SoldReady
AED 2,430,000AED 1,633 per sqft
5 Jan 2022Sold by developerOff-plan
AED 2,591,692AED 1,724 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
1,488 sqft
Parking
P4-20
Developer
Sobha
Completed
2024
Service charge
AED 20,500 /yr
Last sold
AED 2.43M · June 2024
Building
Waves Grande

About 407, Waves Grande

407 is a two-bedroom apartment of 1,488 sqft of Waves Grande, a 35-storey tower in Sobha Hartland completed in 2024 by Sobha. It last sold on 27 June 2024 for AED 2,430,000, or AED 1,633 per sqft, 11% below the AED 1,833 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Waves Grande
2.5M3M202220242026Typical sale price by year: 2022 AED 2,253,160; 2023 AED 2,208,047; 2024 AED 2,450,000; 2025 AED 3,000,000; 2026 AED 2,695,000Sold by developer, January 2022: AED 2,591,692 (AED 1,724 per sqft)Sold, June 2024: AED 2,430,000 (AED 1,633 per sqft)

407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Waves Grande
155K158K160K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 160,000; 2026 AED 155,000

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

2-beds in Waves Grande, and where 407 sits

All 106 2-beds →

407 last sold in June 2024 at AED 1,633 per sqft, 11% below what two-beds in Waves Grande were fetching at the time (AED 1,833). Over the last 12 months two-beds sold for AED 2,500,000 to 3,200,000, around AED 2,130 per sqft, and rent for AED 120,000 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 20262,500,000
25 Apr 20262,690,000
30 Mar 20262,620,000
24 Mar 20262,700,000
6 2-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 →

407, Waves Grande in numbers

  • Sold twice: first on 5 January 2022 for AED 2,591,692, last on 27 June 2024 for AED 2,430,000 (AED 1,633 per sqft).
  • Two-beds in Waves Grande sold for AED 2,500,000–3,200,000 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 27 June 2024.

Questions about 407, Waves Grande

What did unit 407 last sell for?

AED 2,430,000 on 27 June 2024: AED 1,633 per sqft for 1,488 sqft. The unit has 2 registered sales; the first was AED 2,591,692 in January 2022.

How big is unit 407?

1,488 sqft (138.2 sqm): a two-bedroom apartment of a 35-storey tower completed in 2024.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Waves Grande sold for AED 2,500,000 to 3,200,000 in the last 12 months, around AED 2,130 per sqft.

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Mortgage on 407, Waves Grande

Starts from the last sale price (AED 2.43M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,430,000
Deposit, UAE resident (20%)
AED 486,000
Deposit, non-resident (40%)
AED 972,000
Monthly over 25 years at 3.7%
AED 9,942

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