607, 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 607, Waves Tower
What is 607 worth today?
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Source: Dubai Land Department. Updated 16 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 487 sqft
- Floor
- 6th of 16
- Parking
- P3-32
- Service charge
- AED 7,800 /yr
- Last sold
- AED 749K · August 2022
- Building
- Waves Tower
About 607, Waves Tower
607 is a studio of 487 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 749,000, or AED 1,538 per sqft, 5% below the AED 1,616 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 16 January 2025, is AED 54,600 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 7,800 a year.
Sales and rents for 607 over time
607 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 607 sits
All 59 studios →607 last sold in August 2022 at AED 1,538 per sqft, 5% 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. 607'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 | |
| 606 | Studio | 442 sqft | AED 692KAED 692,000 · 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 |
607, Waves Tower in numbers
- Sold once: by the developer on 22 August 2022 for AED 749,000, or AED 1,538 per sqft.
- Rented since January 2023 on 2 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 7.3%, before a service charge of about AED 7,800 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 16 January 2025.
Questions about 607, Waves Tower
What did unit 607 last sell for?
AED 749,000 on 22 August 2022, sold by the developer: AED 1,538 per sqft for 487 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 54,600 a year on the contract renewed on 16 January 2025. The previous contract, from January 2023, was AED 52,000.
How big is unit 607?
487 sqft (45.2 sqm): a studio on the 6th floor of a 16-storey tower.
What is unit 607 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 607, Waves Tower
Starts from the last sale price (AED 749K, 22 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 749,000
- Deposit, UAE resident (20%)
- AED 149,800
- Deposit, non-resident (40%)
- AED 299,600
- Monthly over 25 years at 3.7%
- AED 3,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →