1-bed · 830 sqftWaves Tower, Business Bay · 2nd floor

205, Waves Tower

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 1.13M5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Waves Tower

What is 205 worth today?

Last sold for AED 1,128,170 in 2022

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5 Sep 2022Sold by developerReady
AED 1,128,170AED 1,359 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
2nd of 16
Parking
B2-40
Service charge
AED 13,300 /yr
Last sold
AED 1.13M · September 2022
Building
Waves Tower

About 205, Waves Tower

205 is a one-bedroom apartment of 830 sqft on the 2nd floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 5 September 2022 for AED 1,128,170, or AED 1,359 per sqft, 4% above the AED 1,306 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Waves Tower
1.2M1.4M202220232024Typical sale price by year: 2022 AED 1,157,000; 2023 AED 1,401,375Sold by developer, September 2022: AED 1,128,170 (AED 1,359 per sqft)

205 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 205, each contractTypical one-bed in Waves Tower
90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 102,500; 2026 AED 100,000

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 205 sits

All 58 1-beds →

205 last sold in September 2022 at AED 1,359 per sqft, 4% above what one-beds in Waves Tower were fetching at the time (AED 1,306). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,575,000
25 Nov 20241,450,000
13 Feb 20241,550,000
21 Dec 20231,400,000
1 1-bed sale 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 2nd floor

All 160 units in Waves Tower
Value
2011-bedAED 1.3M · Aug 2022
2022-bedAED 2.15M · Sep 2022
2032-bedAED 2.63M · Feb 2025
2041-bedAED 1.3M · Aug 2023
206StudioAED 680K · Oct 2022
207StudioAED 736K · Oct 2022
2081-bedAED 1.24M · Sep 2022
1–7 of 10

205, Waves Tower in numbers

  • Sold once: by the developer on 5 September 2022 for AED 1,128,170, or AED 1,359 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 5 September 2022.

Questions about 205, Waves Tower

What did unit 205 last sell for?

AED 1,128,170 on 5 September 2022, sold by the developer: AED 1,359 per sqft for 830 sqft. It is the only registered sale of the unit.

How big is unit 205?

830 sqft (77.1 sqm): a one-bedroom apartment on the 2nd floor of a 16-storey tower.

What is unit 205 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 205, Waves Tower

Starts from the last sale price (AED 1.13M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,128,170
Deposit, UAE resident (20%)
AED 225,634
Deposit, non-resident (40%)
AED 451,268
Monthly over 25 years at 3.7%
AED 4,616

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