606, Waves Tower
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 606, Waves Tower
What is 606 worth today?
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Source: Dubai Land Department. Updated 7 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 442 sqft
- Floor
- 6th of 16
- Parking
- P3-31
- Service charge
- AED 7,100 /yr
- Last sold
- AED 692K · August 2022
- Building
- Waves Tower
About 606, Waves Tower
606 is a studio of 442 sqft on the 6th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 22 August 2022 for AED 692,000, or AED 1,566 per sqft, 3% below the AED 1,616 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 7 January 2025, is AED 54,600 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 7,100 a year.
Sales and rents for 606 over time
606 has sold once; the dashed line is the studio median of each year in the building.
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 606 sits
All 59 studios →606 last sold in August 2022 at AED 1,566 per sqft, 3% below what studios in Waves Tower were fetching at the time (AED 1,616). 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. 606's AED 54,600 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 487 sqft | 860,000 | 1,766 | ||
| 3 Jun 20253 June 2025 | 418 sqft | 950,000 | 2,272 | ||
| 18 Apr 202518 April 2025 | 429 sqft | 920,000 | 2,143 | ||
| 15 Jan 202515 January 2025 | 487 sqft | 900,000 | 1,848 |
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 6th floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 980 sqft | AED 1.24MAED 1,240,870 · Aug 2022August 2022 | ||
| 602 | 2-bed | 1,433 sqft | AED 2.11MAED 2,108,129 · Jul 2022July 2022 | ||
| 603 | 2-bed | 1,428 sqft | AED 1.93MAED 1,925,840 · Aug 2022August 2022 | ||
| 604 | 1-bed | 839 sqft | AED 1.07MAED 1,067,996 · Jul 2022July 2022 | 110,000 /yr | |
| 605 | 1-bed | 415 sqft | AED 543KAED 542,950 · Feb 2023February 2023 | 99,723 /yr | |
| 607 | Studio | 487 sqft | AED 749KAED 749,000 · Aug 2022August 2022 | 54,600 /yr | |
| 608 | 1-bed | 1,020 sqft | AED 1.12MAED 1,124,880 · Aug 2022August 2022 | 115,000 /yr | |
| 610 | Studio | 429 sqft | AED 920KAED 920,000 · Apr 2025April 2025 | 70,000 /yr | |
| 611 | Studio | 418 sqft | AED 740KAED 739,630 · Aug 2022August 2022 |
606, Waves Tower in numbers
- Sold once: by the developer on 22 August 2022 for AED 692,000, or AED 1,566 per sqft.
- Rented since January 2023 on 3 Ejari contracts, from AED 52,000 to AED 54,600 a year.
- At AED 54,600 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 7,100 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 7 January 2025.
Questions about 606, Waves Tower
What did unit 606 last sell for?
AED 692,000 on 22 August 2022, sold by the developer: AED 1,566 per sqft for 442 sqft. It is the only registered sale of the unit.
What is the rent for unit 606?
AED 54,600 a year on the contract renewed on 7 January 2025. The previous contract, from January 2024, was AED 54,600; the unit has been rented since January 2023.
How big is unit 606?
442 sqft (41.1 sqm): a studio on the 6th floor of a 16-storey tower.
What is unit 606 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 606, Waves Tower
Starts from the last sale price (AED 692K, 22 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 692,000
- Deposit, UAE resident (20%)
- AED 138,400
- Deposit, non-resident (40%)
- AED 276,800
- Monthly over 25 years at 3.7%
- AED 2,831
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →