1202, Waves Tower
Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Waves Tower
What is 1202 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 5 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 12th of 16
- Parking
- B1-50
- Service charge
- AED 22,900 /yr
- Last sold
- AED 2.06M · August 2022
- Building
- Waves Tower
About 1202, Waves Tower
1202 is a two-bedroom apartment of 1,433 sqft on the 12th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 5 August 2022 for AED 2,057,727, or AED 1,436 per sqft, 9% above the AED 1,315 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1202 over time
1202 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 1202 sits
All 39 2-beds →1202 last sold in August 2022 at AED 1,436 per sqft, 9% above what two-beds in Waves Tower were fetching at the time (AED 1,315). 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.
| 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 12th floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 980 sqft | AED 1.29MAED 1,286,681 · Jun 2022June 2022 | 70,000 /yr | |
| 1203 | 2-bed | 1,428 sqft | AED 1.97MAED 1,973,786 · Jul 2022July 2022 | 150,000 /yr | |
| 1204 | 1-bed | 839 sqft | AED 1.16MAED 1,163,055 · Jul 2022July 2022 | 105,000 /yr | |
| 1205 | 1-bed | 830 sqft | AED 1.13MAED 1,125,140 · Aug 2022August 2022 | ||
| 1206 | Studio | 442 sqft | AED 695KAED 695,124 · Jul 2022July 2022 | 61,850 /yr | |
| 1207 | Studio | 487 sqft | AED 860KAED 860,000 · Jan 2026January 2026 | ||
| 1208 | 1-bed | 1,020 sqft | AED 1.33MAED 1,325,000 · Sep 2022September 2022 | 110,000 /yr | |
| 1209 | 2-bed | 1,580 sqft | AED 2.43MAED 2,425,000 · Aug 2024August 2024 | 155,000 /yr | |
| 1210 | Studio | 429 sqft | AED 960KAED 960,459 · Jun 2024June 2024 | 108,000 /yr | |
| 1211 | Studio | 418 sqft | AED 690KAED 690,000 · Jul 2022July 2022 |
1202, Waves Tower in numbers
- Sold once: by the developer on 5 August 2022 for AED 2,057,727, or AED 1,436 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 5 August 2022.
Questions about 1202, Waves Tower
What did unit 1202 last sell for?
AED 2,057,727 on 5 August 2022, sold by the developer: AED 1,436 per sqft for 1,433 sqft. It is the only registered sale of the unit.
How big is unit 1202?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower.
What is unit 1202 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 1202? 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 1202, Waves Tower
Starts from the last sale price (AED 2.06M, 5 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,057,727
- Deposit, UAE resident (20%)
- AED 411,545
- Deposit, non-resident (40%)
- AED 823,091
- Monthly over 25 years at 3.7%
- AED 8,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →