1-bed · 1,020 sqftWaves Tower, Business Bay · 11th floor

1108, Waves Tower

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

Unit 1108 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 1.15M30 September 2022
Current rentAED 108K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Waves Tower

What is 1108 worth today?

Last sold for AED 1,152,969 in 2022

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15 Sep 2025RentedRenewal
AED 108,000/yr12 months · AED 106 per sqft
15 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 103 per sqft
30 Sep 2022Sold by developerReady
AED 1,152,969AED 1,130 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
1,020 sqft
Floor
11th of 16
Parking
P2-13
Service charge
AED 16,300 /yr
Last sold
AED 1.15M · September 2022
Building
Waves Tower

About 1108, Waves Tower

1108 is a one-bedroom apartment of 1,020 sqft on the 11th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 30 September 2022 for AED 1,152,969, or AED 1,130 per sqft, 13% below the AED 1,293 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 15 September 2025, is AED 108,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Waves Tower
1.2M1.4M202220232024Typical sale price by year: 2022 AED 1,157,000; 2023 AED 1,401,375Sold by developer, September 2022: AED 1,152,969 (AED 1,130 per sqft)

1108 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in Waves Tower
100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 102,500; 2026 AED 100,000New contract, September 2024: AED 105,000 a yearRenewal, September 2025: AED 108,000 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 Tower, and where 1108 sits

All 58 1-beds →

1108 last sold in September 2022 at AED 1,130 per sqft, 13% below what one-beds in Waves Tower were fetching at the time (AED 1,293). 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. 1108's AED 108,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,575,000
25 Nov 20241,450,000
13 Feb 20241,550,000
21 Dec 20231,400,000
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 11th floor

All 160 units in Waves Tower
Value
11011-bedAED 1.27M · Aug 2022
11022-bedAED 2M · Jan 2024
11032-bedAED 1.93M · Aug 2022
11041-bedAED 1.43M · Dec 2023
11051-bedAED 1.15M · Sep 2022
1106StudioAED 715K · Aug 2022
1107StudioAED 758K · Jul 2022
1–7 of 10

1108, Waves Tower in numbers

  • Sold once: by the developer on 30 September 2022 for AED 1,152,969, or AED 1,130 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 105,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 16,300 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 15 September 2025.

Questions about 1108, Waves Tower

What did unit 1108 last sell for?

AED 1,152,969 on 30 September 2022, sold by the developer: AED 1,130 per sqft for 1,020 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 108,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 105,000.

How big is unit 1108?

1,020 sqft (94.8 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower.

What is unit 1108 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 1108, Waves Tower

Starts from the last sale price (AED 1.15M, 30 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,152,969
Deposit, UAE resident (20%)
AED 230,594
Deposit, non-resident (40%)
AED 461,188
Monthly over 25 years at 3.7%
AED 4,717

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