1101, Waves Tower
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Waves Tower
What is 1101 worth today?
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Source: Dubai Land Department. Updated 3 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 980 sqft
- Floor
- 11th of 16
- Parking
- P2-06
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.27M · August 2022
- Building
- Waves Tower
About 1101, Waves Tower
1101 is a one-bedroom apartment of 980 sqft on the 11th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 16 August 2022 for AED 1,268,324, or AED 1,294 per sqft, in line with the AED 1,300 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 3 March 2025, is AED 147,000 a year: a gross yield of 11.6% on the 2022 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1101 over time
1101 has sold once; the dashed line is the one-bed median of each year in the building.
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 1101 sits
All 58 1-beds →1101 last sold in August 2022 at AED 1,294 per sqft, in line with what one-beds in Waves Tower were fetching at the time (AED 1,300). 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. 1101's AED 147,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Waves Tower
Building160 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%
Other units on the 11th floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 2-bed | 1,433 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | ||
| 1103 | 2-bed | 1,428 sqft | AED 1.93MAED 1,926,000 · Aug 2022August 2022 | 170,000 /yr | |
| 1104 | 1-bed | 839 sqft | AED 1.43MAED 1,430,000 · Dec 2023December 2023 | ||
| 1105 | 1-bed | 830 sqft | AED 1.15MAED 1,148,000 · Sep 2022September 2022 | 85,000 /yr | |
| 1106 | Studio | 442 sqft | AED 715KAED 715,080 · Aug 2022August 2022 | 73,000 /yr | |
| 1107 | Studio | 487 sqft | AED 758KAED 757,914 · Jul 2022July 2022 | 68,000 /yr | |
| 1108 | 1-bed | 1,020 sqft | AED 1.15MAED 1,152,969 · Sep 2022September 2022 | 108,000 /yr | |
| 1109 | 2-bed | 1,580 sqft | AED 1.94MAED 1,935,000 · Sep 2022September 2022 | 150,000 /yr | |
| 1110 | Studio | 429 sqft | AED 784KAED 784,000 · Sep 2022September 2022 | ||
| 1111 | Studio | 418 sqft | AED 763KAED 763,202 · Jul 2022July 2022 |
1101, Waves Tower in numbers
- Sold once: by the developer on 16 August 2022 for AED 1,268,324, or AED 1,294 per sqft.
- Rented since August 2024 on 2 Ejari contracts, from AED 120,000 to AED 147,000 a year.
- At AED 147,000 a year the gross yield on the 2022 price is 11.6%, 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 3 March 2025.
Questions about 1101, Waves Tower
What did unit 1101 last sell for?
AED 1,268,324 on 16 August 2022, sold by the developer: AED 1,294 per sqft for 980 sqft. It is the only registered sale of the unit.
What is the rent for unit 1101?
AED 147,000 a year on the contract signed on 3 March 2025. The previous contract, from August 2024, was AED 120,000.
How big is unit 1101?
980 sqft (91.0 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower.
What is unit 1101 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 1101, Waves Tower
Starts from the last sale price (AED 1.27M, 16 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,268,324
- Deposit, UAE resident (20%)
- AED 253,665
- Deposit, non-resident (40%)
- AED 507,330
- Monthly over 25 years at 3.7%
- AED 5,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →