2-bed · 716 sqftWaves Tower, Business Bay · 3rd floor

302, 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.

Unit 302 · DLD and Ejari recordsUpdated 17 August 2022
Last soldAED 1.94M17 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Waves Tower

What is 302 worth today?

Last sold for AED 1,943,000 in 2022

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17 Aug 2022Sold by developerReady
AED 1,943,000AED 1,356 per sqft

Source: Dubai Land Department. Updated 17 August 2022.

Key facts

Type
2-bed apartment
Size
716 sqft
Floor
3rd of 16
Parking
B2-26
Service charge
AED 11,400 /yr
Last sold
AED 1.94M · August 2022
Building
Waves Tower

About 302, Waves Tower

302 is a two-bedroom apartment of 716 sqft on the 3rd floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 17 August 2022 for AED 1,943,000, or AED 1,356 per sqft, in line with the AED 1,348 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Waves Tower
2M2.25M202220242026Typical sale price by year: 2022 AED 1,988,973; 2023 AED 2,300,000; 2024 AED 2,362,500; 2026 AED 2,400,000Sold by developer, August 2022: AED 1,943,000 (AED 1,356 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Waves Tower
140K150K160K20222023202420252026Typical rent by year: 2022 AED 135,000; 2023 AED 150,000; 2024 AED 156,364; 2025 AED 152,500

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 302 sits

All 39 2-beds →

302 last sold in August 2022 at AED 1,356 per sqft, in line with what two-beds in Waves Tower were fetching at the time (AED 1,348). 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 salesUnit no.Price (AED)Summary
26 Jan 20262,260,000
26 Jan 20262,400,000
12 Jan 20262,450,000
9 Dec 20252,350,000
4 2-bed 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 3rd floor

All 160 units in Waves Tower
Value
3011-bedAED 1.55M · Sep 2023
3041-bedAED 1.15M · Aug 2022
3051-bedAED 1.07M · Aug 2022
306StudioAED 676K · Aug 2022
307StudioAED 625K · Oct 2022
3081-bedAED 1.24M · Sep 2022
310StudioAED 758K · Sep 2022
1–7 of 8

302, Waves Tower in numbers

  • Sold once: by the developer on 17 August 2022 for AED 1,943,000, or AED 1,356 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 17 August 2022.

Questions about 302, Waves Tower

What did unit 302 last sell for?

AED 1,943,000 on 17 August 2022, sold by the developer: AED 1,356 per sqft for 716 sqft. It is the only registered sale of the unit.

How big is unit 302?

716 sqft (66.5 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower.

What is unit 302 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 302, Waves Tower

Starts from the last sale price (AED 1.94M, 17 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,943,000
Deposit, UAE resident (20%)
AED 388,600
Deposit, non-resident (40%)
AED 777,200
Monthly over 25 years at 3.7%
AED 7,949

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