304, Waves Tower
Sold prices and rental history: sold once, by the developer in August 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 304, Waves Tower
What is 304 worth today?
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Source: Dubai Land Department. Updated 20 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 839 sqft
- Floor
- 3rd of 16
- Parking
- B2-28
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.15M · August 2022
- Building
- Waves Tower
About 304, Waves Tower
304 is a one-bedroom apartment of 839 sqft on the 3rd floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 10 August 2022 for AED 1,150,000, or AED 1,369 per sqft, 5% above the AED 1,306 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 90,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 13,400 a year.
Sales and rents for 304 over time
304 has sold once; 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 304 sits
All 58 1-beds →304 last sold in August 2022 at AED 1,369 per sqft, 5% 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. 304's AED 90,000 is at the bottom 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 3rd floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 980 sqft | AED 1.55MAED 1,550,000 · Sep 2023September 2023 | ||
| 302 | 2-bed | 716 sqft | AED 1.94MAED 1,943,000 · Aug 2022August 2022 | ||
| 305 | 1-bed | 830 sqft | AED 1.07MAED 1,072,000 · Aug 2022August 2022 | ||
| 306 | Studio | 442 sqft | AED 676KAED 676,170 · Aug 2022August 2022 | ||
| 307 | Studio | 487 sqft | AED 625KAED 625,000 · Oct 2022October 2022 | 50,000 /yr | |
| 308 | 1-bed | 1,020 sqft | AED 1.24MAED 1,243,000 · Sep 2022September 2022 | 90,000 /yr | |
| 310 | Studio | 429 sqft | AED 758KAED 758,000 · Sep 2022September 2022 | 70,000 /yr | |
| 311 | Studio | 418 sqft | AED 756KAED 756,075 · Sep 2022September 2022 | 70,000 /yr |
304, Waves Tower in numbers
- Sold once: by the developer on 10 August 2022 for AED 1,150,000, or AED 1,369 per sqft.
- Rented since September 2022 on 2 Ejari contracts, from AED 80,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 7.8%, 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 20 September 2024.
Questions about 304, Waves Tower
What did unit 304 last sell for?
AED 1,150,000 on 10 August 2022, sold by the developer: AED 1,369 per sqft for 839 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 90,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2022, was AED 80,000.
How big is unit 304?
839 sqft (77.9 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower.
What is unit 304 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 304, Waves Tower
Starts from the last sale price (AED 1.15M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →