1302, Waves Tower
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Waves Tower
What is 1302 worth today?
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Source: Dubai Land Department. Updated 20 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 13th of 16
- Parking
- B1-36
- Service charge
- AED 22,900 /yr
- Last sold
- AED 1.88M · July 2022
- Building
- Waves Tower
About 1302, Waves Tower
1302 is a two-bedroom apartment of 1,433 sqft on the 13th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 5 July 2022 for AED 1,880,895, or AED 1,312 per sqft, in line with the AED 1,315 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 April 2025, is AED 215,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 22,900 a year.
Sales and rents for 1302 over time
1302 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 1302 sits
All 39 2-beds →1302 last sold in July 2022 at AED 1,312 per sqft, in line with 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. 1302's AED 215,000 is at the top 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 13th floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 980 sqft | AED 1.28MAED 1,279,305 · Aug 2022August 2022 | ||
| 1303 | 2-bed | 1,428 sqft | AED 2.4MAED 2,398,000 · Oct 2022October 2022 | ||
| 1304 | 839 sqft | AED 1.39MAED 1,385,000 · Dec 2025December 2025 | 100,000 /yr | ||
| 1305 | 1-bed | 830 sqft | AED 1.16MAED 1,157,000 · Sep 2022September 2022 | 110,000 /yr | |
| 1306 | Studio | 442 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 62,000 /yr | |
| 1307 | Studio | 487 sqft | AED 765KAED 765,000 · Sep 2022September 2022 | 60,500 /yr | |
| 1308 | 1-bed | 1,020 sqft | AED 1.17MAED 1,174,630 · Sep 2022September 2022 | ||
| 1309 | 2-bed | 1,580 sqft | AED 1.95MAED 1,953,000 · Sep 2022September 2022 | ||
| 1310 | Studio | 429 sqft | AED 770KAED 769,930 · Jul 2022July 2022 | 54,600 /yr | |
| 1311 | Studio | 418 sqft | AED 399KAED 398,950 · Sep 2022September 2022 | 65,000 /yr |
1302, Waves Tower in numbers
- Sold once: by the developer on 5 July 2022 for AED 1,880,895, or AED 1,312 per sqft.
- Rented since December 2022 on 3 Ejari contracts, from AED 160,000 to AED 215,000 a year.
- At AED 215,000 a year the gross yield on the 2022 price is 11.4%, before a service charge of about AED 22,900 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 20 April 2025.
Questions about 1302, Waves Tower
What did unit 1302 last sell for?
AED 1,880,895 on 5 July 2022, sold by the developer: AED 1,312 per sqft for 1,433 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 215,000 a year on the contract renewed on 20 April 2025. The previous contract, from April 2024, was AED 215,000; the unit has been rented since December 2022.
How big is unit 1302?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower.
What is unit 1302 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.
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Mortgage on 1302, Waves Tower
Starts from the last sale price (AED 1.88M, 5 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,880,895
- Deposit, UAE resident (20%)
- AED 376,179
- Deposit, non-resident (40%)
- AED 752,358
- Monthly over 25 years at 3.7%
- AED 7,695
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →