Studio · 487 sqftWaves Tower, Business Bay · 12th floor

1207, Waves Tower

Sold prices and rental history: sold twice, last in January 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 30 January 2026
Last soldAED 860K30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Waves Tower

What is 1207 worth today?

Last sold for AED 860,000 in 2026

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30 Jan 2026SoldReady
AED 860,000AED 1,766 per sqft
5 Sep 2022Sold by developerReady
AED 769,000AED 1,579 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
12th of 16
Parking
P2-01
Service charge
AED 7,800 /yr
Last sold
AED 860K · January 2026
Building
Waves Tower

About 1207, Waves Tower

1207 is a studio of 487 sqft on the 12th floor of Waves Tower, a 16-storey tower in Business Bay. It last sold on 30 January 2026 for AED 860,000, or AED 1,766 per sqft, 18% below the AED 2,143 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical studio in Waves Tower
800K900K202220242026Typical sale price by year: 2022 AED 752,000; 2023 AED 855,000; 2025 AED 920,000Sold by developer, September 2022: AED 769,000 (AED 1,579 per sqft)Sold, January 2026: AED 860,000 (AED 1,766 per sqft)

1207 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1207, each contractTypical studio in Waves Tower
60K70K202220242026Typical rent by year: 2022 AED 54,000; 2023 AED 58,350; 2024 AED 65,000; 2025 AED 67,000; 2026 AED 75,000

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

Studios in Waves Tower, and where 1207 sits

All 59 studios →

1207 last sold in January 2026 at AED 1,766 per sqft, 18% below what studios in Waves Tower were fetching at the time (AED 2,143). Over the last 12 months studios sold for AED 860,000 to 920,000, around AED 1,984 per sqft, and rent for AED 60,500 to 80,000 a year.

Recent studio salesUnit no.Price (AED)Summary
3 Jun 2025950,000
18 Apr 2025920,000
15 Jan 2025900,000
20 Sep 2024930,000
2 studio sales 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 12th floor

All 160 units in Waves Tower
Value
12011-bedAED 1.29M · Jun 2022
12022-bedAED 2.06M · Aug 2022
12032-bedAED 1.97M · Jul 2022
12041-bedAED 1.16M · Jul 2022
12051-bedAED 1.13M · Aug 2022
1206StudioAED 695K · Jul 2022
12081-bedAED 1.33M · Sep 2022
1–7 of 10

1207, Waves Tower in numbers

  • Sold twice: first on 5 September 2022 for AED 769,000, last on 30 January 2026 for AED 860,000 (AED 1,766 per sqft).
  • Studios in Waves Tower sold for AED 860,000–920,000 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 30 January 2026.

Questions about 1207, Waves Tower

What did unit 1207 last sell for?

AED 860,000 on 30 January 2026: AED 1,766 per sqft for 487 sqft. The unit has 2 registered sales; the first was AED 769,000 in September 2022.

How big is unit 1207?

487 sqft (45.2 sqm): a studio on the 12th floor of a 16-storey tower.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Waves Tower sold for AED 860,000 to 920,000 in the last 12 months, around AED 1,984 per sqft.

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Mortgage on 1207, Waves Tower

Starts from the last sale price (AED 860K, 30 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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