1109, 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.
Property timeline for 1109, Waves Tower
What is 1109 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,580 sqft
- Floor
- 11th of 16
- Parking
- P2-14
- Service charge
- AED 25,200 /yr
- Last sold
- AED 1.94M · September 2022
- Building
- Waves Tower
About 1109, Waves Tower
1109 is a two-bedroom apartment of 1,580 sqft on the 11th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 27 September 2022 for AED 1,935,000, or AED 1,225 per sqft, 10% below the AED 1,356 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 4 June 2025, is AED 150,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 25,200 a year.
Sales and rents for 1109 over time
1109 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Waves Tower, and where 1109 sits
All 39 2-beds →1109 last sold in September 2022 at AED 1,225 per sqft, 10% below what two-beds in Waves Tower were fetching at the time (AED 1,356). Over the last 12 months two-beds sold for AED 2,260,000 to 2,450,000, around AED 1,611 per sqft, and rent for AED 145,000 to 160,000 a year. 1109's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jan 202626 January 2026 | 1,428 sqft | 2,260,000 | 1,582 | ||
| 26 Jan 202626 January 2026 | 1,433 sqft | 2,400,000 | 1,675 | ||
| 12 Jan 202612 January 2026 | 1,580 sqft | 2,450,000 | 1,551 | ||
| 9 Dec 20259 December 2025 | 1,433 sqft | 2,350,000 | 1,640 |
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 | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 980 sqft | AED 1.27MAED 1,268,324 · Aug 2022August 2022 | 147,000 /yr | |
| 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 | |
| 1110 | Studio | 429 sqft | AED 784KAED 784,000 · Sep 2022September 2022 | ||
| 1111 | Studio | 418 sqft | AED 763KAED 763,202 · Jul 2022July 2022 |
1109, Waves Tower in numbers
- Sold once: by the developer on 27 September 2022 for AED 1,935,000, or AED 1,225 per sqft.
- Rented since June 2024 on 2 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 25,200 a year (AED 15.97 per sqft).
- Two-beds in Waves Tower sold for AED 2,260,000–2,450,000 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 4 June 2025.
Questions about 1109, Waves Tower
What did unit 1109 last sell for?
AED 1,935,000 on 27 September 2022, sold by the developer: AED 1,225 per sqft for 1,580 sqft. It is the only registered sale of the unit.
What is the rent for unit 1109?
AED 150,000 a year on the contract renewed on 4 June 2025. The previous contract, from June 2024, was AED 150,000.
How big is unit 1109?
1,580 sqft (146.8 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower.
What is unit 1109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Waves Tower sold for AED 2,260,000 to 2,450,000 in the last 12 months, around AED 1,611 per sqft.
Selling 1109? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1109, Waves Tower
Starts from the last sale price (AED 1.94M, 27 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,935,000
- Deposit, UAE resident (20%)
- AED 387,000
- Deposit, non-resident (40%)
- AED 774,000
- Monthly over 25 years at 3.7%
- AED 7,917
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →