204, Waves Tower
Sold prices and rental history: sold twice, last in August 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Waves Tower
What is 204 worth today?
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Source: Dubai Land Department. Updated 7 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 839 sqft
- Floor
- 2nd of 16
- Parking
- B2-39
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.3M · August 2023
- Building
- Waves Tower
About 204, Waves Tower
204 is a one-bedroom apartment of 839 sqft on the 2nd floor of Waves Tower, a 16-storey tower in Business Bay. It last sold on 16 August 2023 for AED 1,300,000, or AED 1,548 per sqft, 14% above the AED 1,359 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 7 March 2025, is AED 95,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 13,400 a year.
Sales and rents for 204 over time
204 has sold twice; the dashed line is the one-bed median of each year in the building.
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 204 sits
All 58 1-beds →204 last sold in August 2023 at AED 1,548 per sqft, 14% above what one-beds in Waves Tower were fetching at the time (AED 1,359). 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. 204's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jun 202530 June 2025 | 839 sqft | 1,575,000 | 1,876 | ||
| 25 Nov 202425 November 2024 | 839 sqft | 1,450,000 | 1,727 | ||
| 13 Feb 202413 February 2024 | 830 sqft | 1,550,000 | 1,868 | ||
| 21 Dec 202321 December 2023 | 839 sqft | 1,400,000 | 1,667 |
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 2nd floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 980 sqft | AED 1.3MAED 1,300,000 · Aug 2022August 2022 | 25,000 /yr | |
| 202 | 2-bed | 1,433 sqft | AED 2.15MAED 2,152,784 · Sep 2022September 2022 | 160,000 /yr | |
| 203 | 2-bed | 1,428 sqft | AED 2.63MAED 2,625,000 · Feb 2025February 2025 | 160,000 /yr | |
| 205 | 1-bed | 830 sqft | AED 1.13MAED 1,128,170 · Sep 2022September 2022 | ||
| 206 | Studio | 442 sqft | AED 680KAED 679,932 · Oct 2022October 2022 | 70,000 /yr | |
| 207 | Studio | 487 sqft | AED 736KAED 736,000 · Oct 2022October 2022 | ||
| 208 | 1-bed | 1,020 sqft | AED 1.24MAED 1,237,000 · Sep 2022September 2022 | 85,000 /yr | |
| 209 | 2-bed | 1,580 sqft | AED 2.05MAED 2,050,000 · Jan 2023January 2023 | 150,000 /yr | |
| 210 | Studio | 429 sqft | AED 755KAED 755,000 · Nov 2022November 2022 | 62,000 /yr | |
| 211 | Studio | 418 sqft | AED 752KAED 752,000 · Sep 2022September 2022 | 75,000 /yr |
204, Waves Tower in numbers
- Sold twice: first on 19 September 2022 for AED 500,000, last on 16 August 2023 for AED 1,300,000 (AED 1,548 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 80,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 13,400 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 7 March 2025.
Questions about 204, Waves Tower
What did unit 204 last sell for?
AED 1,300,000 on 16 August 2023: AED 1,548 per sqft for 839 sqft. The unit has 2 registered sales; the first was AED 500,000 in September 2022.
What is the rent for unit 204?
AED 95,000 a year on the contract signed on 7 March 2025. The previous contract, from February 2024, was AED 90,000; the unit has been rented since October 2022.
How big is unit 204?
839 sqft (77.9 sqm): a one-bedroom apartment on the 2nd floor of a 16-storey tower.
What is unit 204 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 204, Waves Tower
Starts from the last sale price (AED 1.3M, 16 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →