Waves Tower
Studios to two-beds in Business Bay. 7 apartments sold in the last 12 months; every sale, rent and unit is below.
About Waves Tower
Waves Tower is a modern residential high‑rise in Business Bay, set close to the Dubai Canal promenade and a short drive from Downtown Dubai. Completed recently, the tower offers contemporary city living with partial canal and skyline views from many apartments. Homes in Waves Tower are primarily studios, one and two‑bedroom apartments, typically finished in a modern style with balconies and open‑plan layouts. The building standard is contemporary, with a focus on clean lines and practical floor plans suited to professionals and small families. Many units feature floor‑to‑ceiling windows to maximise natural light and outlooks toward the canal. Residents benefit from on‑site lifestyle facilities that commonly include a swimming pool, well‑equipped gym, sauna, Jacuzzi, children’s play area and barbecue space, along with 24‑hour security and covered parking. Daily needs are supported by the wider Business Bay district, where cafés, supermarkets, salons and casual dining are scattered around the canal and along the internal road network. The leisure and retail offer of Downtown Dubai, including Dubai Mall and the Burj Khalifa district, is within easy reach for shopping, dining and entertainment. Connectivity is a key draw. Waves Tower has straightforward access to major city arteries such as Sheikh Zayed Road and Al Khail Road via Business Bay’s internal streets, making it convenient for commuting to DIFC, Dubai Design District and other business hubs. Public transport options in the area include the Red Line metro at Business Bay station and multiple bus routes, with taxi and ride‑hailing services widely available. The canal boardwalk nearby provides a pleasant pedestrian environment for jogging and evening walks. Overall, Waves Tower suits residents seeking a contemporary apartment in a central location with everyday amenities on site and the attractions of Downtown Dubai close by, while enjoying the evolving waterfront setting of Business Bay.
160 apartments over 16 floors: 59 studios of 221 to 487 sqft, 58 one-beds of 415 to 1,020 sqft and 39 two-beds of 716 to 1,580 sqft. The service charge is AED 15.97 per sqft a year.
7 apartments sold in the 12 months to February 2026, at a median of AED 1,649 per sqft. Most of the trading is in two-beds: 4 of the 7 sales, at AED 2,260,000 to 2,450,000. 19 rental contracts were registered over the same 12 months, at a typical AED 100,000 a year.
- Floors
- 16
- Units
- 160
- Unit types
- Studio to 2-bed
Average prices in Waves Tower
In Waves Tower, typical sale prices over the last 12 months were around AED 890,000 for studios, AED 1,390,000 for one-beds and AED 2,380,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Waves Tower
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Waves Tower
- CompletedStudio · 486 sqft 30 Jan 2026AED 860,0001,766 /sqft
- Completed2-bed · 1,428 sqft 26 Jan 2026AED 2,260,0001,582 /sqft
- Completed2-bed · 1,432 sqft 26 Jan 2026AED 2,400,0001,675 /sqft
- Completed2-bed · 1,579 sqft 12 Jan 2026AED 2,450,0001,551 /sqft
- Completed2-bed · 1,432 sqft 09 Dec 2025AED 2,350,0001,640 /sqft
- Completed417 sqft 05 Dec 2025AED 920,0002,201 /sqft
- Completed839 sqft 03 Dec 2025AED 1,385,0001,650 /sqft
- Completed1,428 sqft 24 Oct 2025AED 2,400,0001,680 /sqft
- Completed1-bed · 839 sqft 30 Jun 2025AED 1,575,0001,876 /sqft
- CompletedStudio · 417 sqft 03 Jun 2025AED 950,0002,273 /sqft
Over the last 12 months, Waves Tower has recorded 7 apartment sales. Typical homes sold for around AED 2.26M (about AED 1,649 per sqft) with a median size of 1,428 sqft; most were two-beds, from roughly AED 860K to AED 2.45M.
Units in Waves Tower
160 units- Unit 2011-bed · 980 sqftSold AED 1.3M, Aug 2022
- Unit 2022-bed · 1,433 sqftSold AED 2.15M, Sep 2022
- Unit 2032-bed · 1,428 sqftSold AED 2.63M, Feb 2025
- Unit 2041-bed · 839 sqftSold AED 1.3M, Aug 2023
- Unit 2051-bed · 830 sqftSold AED 1.13M, Sep 2022
- Unit 206Studio · 442 sqftSold AED 680K, Oct 2022
- Unit 207Studio · 487 sqftSold AED 736K, Oct 2022
- Unit 2081-bed · 1,020 sqftSold AED 1.24M, Sep 2022
- Unit 2092-bed · 1,580 sqftSold AED 2.05M, Jan 2023
- Unit 210Studio · 429 sqftSold AED 755K, Nov 2022
Every unit in Waves Tower, by number
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 301
- 302
- 304
- 305
- 306
- 307
- 308
- 310
- 311
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 510
- 511
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 610
- 611
- 701
- 702
- 703
- 704
- 705
- 706
- 707
- 708
- 709
- 710
- 711
- 801
- 802
- 803
- 804
- 805
- 806
- 807
- 808
- 809
- 810
- 811
- 901
- 902
- 903
- 904
- 905
- 906
- 907
- 908
- 909
- 910
- 911
- 1001
- 1002
- 1003
- 1004
- 1005
- 1006
- 1007
- 1008
- 1009
- 1010
- 1011
- 1101
- 1102
- 1103
- 1104
- 1105
- 1106
- 1107
- 1108
- 1109
- 1110
- 1111
- 1201
- 1202
- 1203
- 1204
- 1205
- 1206
- 1207
- 1208
- 1209
- 1210
- 1211
- 1301
- 1302
- 1303
- 1304
- 1305
- 1306
- 1307
- 1308
- 1309
- 1310
- 1311
- 1401
- 1402
- 1403
- 1404
- 1405
- 1406
- 1407
- 1408
- 1410
- 1411
- 1501
- 1502
- 1503
- 1504
- 1505
- 1506
- 1507
- 1508
- 1509
- 1510
- 1511
- 1601
- 1602
- 1603
- 1604
- 1605
- 1606
- 1607
- 1608
- 1609
- 1610
- 1611
Nearby buildings in Business Bay
All 170 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Moon Tower | Few sales | |||
| Ritz Carlton Residence (Luxury Family Residence III) | 2025 | AED 3,555 | ||
| Terraces Marasi Drive | 2024 | AED 2,065 | AED 130 | 6.3% |
| Scala Tower (Al Madar Tower) | 2010 | AED 1,606 | AED 101 | 6.3% |
| Bay Square 12 | 2014 | Few sales | AED 85 | |
| J One Tower A | 2021 | AED 1,905 | AED 132 | 7.0% |
| J One Tower B | 2021 | AED 3,264 | ||
| Binghatti Canal | 2023 | AED 2,025 | AED 160 | 7.9% |
| Bay Square 9 | 2014 | AED 1,430 | AED 122 | 8.6% |
| Bay Square 10 | 2014 | Few sales | AED 154 |
Waves Tower in numbers
- Across 7 DLD sales in the 12 months to February 2026, the median price in Waves Tower was AED 1,649 per sqft and the typical home sold for about AED 2.26M.
- 16 floors of studios to two-beds; service charge AED 15.97 per sqft a year.
- Two-beds of 716 to 1,580 sqft sold for AED 2,260,000 to 2,450,000 between December 2025 and January 2026, a median AED 1,611 per sqft.
- A studio of 221 to 487 sqft rents for AED 60,500 to 80,000 a year on the 8 contracts registered in the last 12 months.
- Gross rental yield 7.2%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 25 February 2026.
Questions about Waves Tower
How much does a two-bed in Waves Tower cost?
4 two-beds sold in the 12 months to February 2026, for AED 2,260,000 to 2,450,000; the median was AED 2,375,000, or AED 1,611 per sqft.
How much is a studio for rent in Waves Tower?
About AED 70,000 a year: that is the median of the 8 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 60,500 to 80,000.
What is the rental yield in Waves Tower?
About 7.2% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Waves Tower?
AED 15.97 per sqft a year. For a typical 1,428 sqft home that is about AED 22,800 a year.
How many apartments are there in Waves Tower?
160, studios to two-beds. Each has its own page with its full sales and rental history.
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