2-bed · 1,428 sqftWaves Tower, Business Bay · 6th floor

603, 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 603 · DLD and Ejari recordsUpdated 11 August 2022
Last soldAED 1.93M11 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Waves Tower

What is 603 worth today?

Last sold for AED 1,925,840 in 2022

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11 Aug 2022Sold by developerReady
AED 1,925,840AED 1,348 per sqft

Source: Dubai Land Department. Updated 11 August 2022.

Key facts

Type
2-bed apartment
Size
1,428 sqft
Floor
6th of 16
Parking
P3-28
Service charge
AED 22,800 /yr
Last sold
AED 1.93M · August 2022
Building
Waves Tower

About 603, Waves Tower

603 is a two-bedroom apartment of 1,428 sqft on the 6th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 11 August 2022 for AED 1,925,840, or AED 1,348 per sqft, in line with the AED 1,318 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, 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 1,925,840 (AED 1,348 per sqft)

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

Rents
Unit 603, 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 603 sits

All 39 2-beds →

603 last sold in August 2022 at AED 1,348 per sqft, in line with what two-beds in Waves Tower were fetching at the time (AED 1,318). 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 6th floor

All 160 units in Waves Tower
Value
6011-bedAED 1.24M · Aug 2022
6022-bedAED 2.11M · Jul 2022
6041-bedAED 1.07M · Jul 2022
6051-bedAED 543K · Feb 2023
606StudioAED 692K · Aug 2022
607StudioAED 749K · Aug 2022
6081-bedAED 1.12M · Aug 2022
1–7 of 9

603, Waves Tower in numbers

  • Sold once: by the developer on 11 August 2022 for AED 1,925,840, or AED 1,348 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 11 August 2022.

Questions about 603, Waves Tower

What did unit 603 last sell for?

AED 1,925,840 on 11 August 2022, sold by the developer: AED 1,348 per sqft for 1,428 sqft. It is the only registered sale of the unit.

How big is unit 603?

1,428 sqft (132.7 sqm): a two-bedroom apartment on the 6th floor of a 16-storey tower.

What is unit 603 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 603, Waves Tower

Starts from the last sale price (AED 1.93M, 11 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,840
Deposit, UAE resident (20%)
AED 385,168
Deposit, non-resident (40%)
AED 770,336
Monthly over 25 years at 3.7%
AED 7,879

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