1-bed · 980 sqftWaves Tower, Business Bay · 10th floor

1001, Waves Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 1001 · DLD and Ejari recordsUpdated 1 November 2025

Last soldAED 1.26M15 July 2022

Current rentAED 115K /yr1 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1001, Waves Tower

Today

What is 1001 worth today?

Last sold for AED 1,262,833 in 2022

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1 Nov 2025

1 Nov 2025RentedRenewal

AED 115,000/yr12 months · AED 117 per sqft

1 Nov 2024

1 Nov 2024RentedNew contract

AED 120,000/yr12 months · AED 123 per sqft

15 Jul 2022

15 Jul 2022Sold by developerReady

AED 1,262,833AED 1,289 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type: 1-bed apartment
Size: 980 sqft
Floor: 10th of 16
Parking: P2-17
Service charge: AED 15,600 /yr
Last sold: AED 1.26M · July 2022
Building: Waves Tower

About 1001, Waves Tower

1001 is a one-bedroom apartment of 980 sqft on the 10th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 15 July 2022 for AED 1,262,833, or AED 1,289 per sqft, in line with the AED 1,301 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 1 November 2025, is AED 115,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1001 over time

Sales

Unit 1001, each saleTypical one-bed in Waves Tower

1001 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1001, each contractTypical one-bed in Waves Tower

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

1-beds in Waves Tower, and where 1001 sits

All 58 1-beds →

1-beds in Waves Tower · last 12 months1,649 /sqft Waves Tower · all types1,649 /sqft

1001 last sold in July 2022 at AED 1,289 per sqft, in line with what one-beds in Waves Tower were fetching at the time (AED 1,301). Over the last 12 months one-beds sold for AED 1,385,000, around AED 1,649 per sqft, and rent for AED 90,000 to 110,000 a year. 1001's AED 115,000 is at the top of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
30 Jun 202530 June 2025	839 sqft	1,575,000	1,876
25 Nov 202425 November 2024	839 sqft	1,450,000	1,727
13 Feb 202413 February 2024	830 sqft	1,550,000	1,868
21 Dec 202321 December 2023	839 sqft	1,400,000	1,667

1 1-bed sale in the last 12 months

Waves Tower

Building

160 apartments, studios to 2-bed over 16 floors in Business Bay. 7 sold in the last 12 months.

Typical price per sqft: AED 1,649
Typical sale: AED 2.26M
Typical rent: AED 100K /yr
Typical yield: 7.2%

Waves Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 160 units in Waves Tower


1002	2-bed	1,433 sqft	AED 2.35MAED 2,350,000 · Dec 2025December 2025	152,727 /yr
1003	2-bed	1,428 sqft	AED 2.19MAED 2,190,000 · Aug 2022August 2022	155,000 /yr
1004	1-bed	839 sqft	AED 1.3MAED 1,300,000 · Nov 2022November 2022	100,000 /yr
1005	1-bed	830 sqft	AED 1.07MAED 1,074,384 · Sep 2022September 2022
1006	Studio	442 sqft	AED 690KAED 689,709 · Jul 2022July 2022
1007	Studio	487 sqft	AED 770KAED 769,620 · Sep 2022September 2022	65,000 /yr
1008	1-bed	1,020 sqft	AED 1.15MAED 1,146,885 · Sep 2022September 2022	105,000 /yr
1009	2-bed	1,580 sqft	AED 1.91MAED 1,907,000 · Sep 2022September 2022	145,000 /yr
1010	Studio	429 sqft	AED 691KAED 691,151 · Aug 2022August 2022
1011	Studio	418 sqft	AED 686KAED 686,000 · Jun 2022June 2022	72,500 /yr

1–7 of 10

1001, Waves Tower in numbers

Sold once: by the developer on 15 July 2022 for AED 1,262,833, or AED 1,289 per sqft.
Rented since November 2024 on 2 Ejari contracts, from AED 120,000 to AED 115,000 a year.
At AED 115,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 15,600 a year (AED 15.97 per sqft).
One-beds in Waves Tower sold for AED 1,385,000–1,385,000 in the 12 months to November 2026; the building's median across all types is AED 1,649 per sqft.

Source: Dubai Land Department. Updated 1 November 2025.

Questions about 1001, Waves Tower

What did unit 1001 last sell for?

AED 1,262,833 on 15 July 2022, sold by the developer: AED 1,289 per sqft for 980 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 115,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 120,000.

How big is unit 1001?

980 sqft (91.0 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Waves Tower sold for AED 1,385,000 to 1,385,000 in the last 12 months, around AED 1,649 per sqft.

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Mortgage on 1001, Waves Tower

Starts from the last sale price (AED 1.26M, 15 July 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,262,833
Deposit, UAE resident (20%): AED 252,567
Deposit, non-resident (40%): AED 505,133
Monthly over 25 years at 3.7%: AED 5,167

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