Studio · 418 sqftWaves Tower, Business Bay · 4th floor

411, Waves Tower

Sold prices and rental history: sold twice, last in June 2025, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 3 June 2025
Last soldAED 950K3 June 2025
Current rentAED 37K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Waves Tower

What is 411 worth today?

Last sold for AED 950,000 in 2025

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3 Jun 2025SoldReady
AED 950,000AED 2,272 per sqft
21 Nov 2024RentedNew contract
AED 37,448/yr24 months · AED 90 per sqft
5 Oct 2022Sold by developerReady
AED 759,000AED 1,815 per sqft

Source: Dubai Land Department. Updated 3 June 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
4th of 16
Parking
B2-24
Service charge
AED 6,700 /yr
Last sold
AED 950K · June 2025
Building
Waves Tower

About 411, Waves Tower

411 is a studio of 418 sqft on the 4th floor of Waves Tower, a 16-storey tower in Business Bay. It last sold on 3 June 2025 for AED 950,000, or AED 2,272 per sqft, 6% above the AED 2,143 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 November 2024. The current contract, signed on 21 November 2024, is AED 37,448 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 6,700 a year.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical studio in Waves Tower
800K900K20222023202420252026Typical sale price by year: 2022 AED 752,000; 2023 AED 855,000; 2025 AED 920,000Sold by developer, October 2022: AED 759,000 (AED 1,815 per sqft)Sold, June 2025: AED 950,000 (AED 2,272 per sqft)

411 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 411, each contractTypical studio in Waves Tower
40K60K80K202220242026Typical rent by year: 2022 AED 54,000; 2023 AED 58,350; 2024 AED 65,000; 2025 AED 67,000; 2026 AED 75,000New contract, November 2024: AED 37,448 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Waves Tower, and where 411 sits

All 59 studios →

411 last sold in June 2025 at AED 2,272 per sqft, 6% above what studios in Waves Tower were fetching at the time (AED 2,143). Over the last 12 months studios sold for AED 860,000 to 920,000, around AED 1,984 per sqft, and rent for AED 60,500 to 80,000 a year. 411's AED 37,448 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jan 2026860,000
18 Apr 2025920,000
15 Jan 2025900,000
20 Sep 2024930,000
2 studio 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 4th floor

All 160 units in Waves Tower
Value
4011-bedAED 1.24M · Aug 2022
4022-bedAED 2.07M · Aug 2022
4032-bedAED 2.16M · Oct 2022
4041-bedAED 1.11M · Jun 2022
4051-bedAED 1.05M · Sep 2022
406StudioAED 671K · Jun 2022
407StudioAED 742K · Sep 2022
1–7 of 10

411, Waves Tower in numbers

  • Sold twice: first on 5 October 2022 for AED 759,000, last on 3 June 2025 for AED 950,000 (AED 2,272 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 37,448 a year.
  • At AED 37,448 a year the gross yield on the 2025 price is 3.9%, before a service charge of about AED 6,700 a year (AED 15.97 per sqft).
  • Studios in Waves Tower sold for AED 860,000–920,000 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 3 June 2025.

Questions about 411, Waves Tower

What did unit 411 last sell for?

AED 950,000 on 3 June 2025: AED 2,272 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 759,000 in October 2022.

What is the rent for unit 411?

AED 37,448 a year on the contract signed on 21 November 2024.

How big is unit 411?

418 sqft (38.8 sqm): a studio on the 4th floor of a 16-storey tower.

What is unit 411 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Waves Tower sold for AED 860,000 to 920,000 in the last 12 months, around AED 1,984 per sqft.

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Mortgage on 411, Waves Tower

Starts from the last sale price (AED 950K, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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