1-bed · 1,020 sqftWaves Tower, Business Bay · 6th floor

608, Waves Tower

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 1.12M22 August 2022
Current rentAED 115K /yr28 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Waves Tower

What is 608 worth today?

Last sold for AED 1,124,880 in 2022

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28 Feb 2025RentedNew contract
AED 115,000/yr12 months · AED 113 per sqft
22 Aug 2022Sold by developerReady
AED 1,124,880AED 1,102 per sqft

Source: Dubai Land Department. Updated 28 February 2025.

Key facts

Type
1-bed apartment
Size
1,020 sqft
Floor
6th of 16
Parking
P3-33
Service charge
AED 16,300 /yr
Last sold
AED 1.12M · August 2022
Building
Waves Tower

About 608, Waves Tower

608 is a one-bedroom apartment of 1,020 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 1,124,880, or AED 1,102 per sqft, 15% below the AED 1,300 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 February 2025. The current contract, signed on 28 February 2025, is AED 115,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Waves Tower
1.2M1.4M202220232024Typical sale price by year: 2022 AED 1,157,000; 2023 AED 1,401,375Sold by developer, August 2022: AED 1,124,880 (AED 1,102 per sqft)

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

Rents
Unit 608, each contractTypical one-bed in Waves Tower
80K100K120K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 102,500; 2026 AED 100,000New contract, February 2025: AED 115,000 a year

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 608 sits

All 58 1-beds →

608 last sold in August 2022 at AED 1,102 per sqft, 15% below what one-beds in Waves Tower were fetching at the time (AED 1,300). 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. 608's AED 115,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,575,000
25 Nov 20241,450,000
13 Feb 20241,550,000
21 Dec 20231,400,000
1 1-bed sale 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
6032-bedAED 1.93M · Aug 2022
6041-bedAED 1.07M · Jul 2022
6051-bedAED 543K · Feb 2023
606StudioAED 692K · Aug 2022
607StudioAED 749K · Aug 2022
1–7 of 9

608, Waves Tower in numbers

  • Sold once: by the developer on 22 August 2022 for AED 1,124,880, or AED 1,102 per sqft.
  • Rented since February 2025 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 16,300 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 28 February 2025.

Questions about 608, Waves Tower

What did unit 608 last sell for?

AED 1,124,880 on 22 August 2022, sold by the developer: AED 1,102 per sqft for 1,020 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 115,000 a year on the contract signed on 28 February 2025.

How big is unit 608?

1,020 sqft (94.8 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower.

What is unit 608 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 608, Waves Tower

Starts from the last sale price (AED 1.12M, 22 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,124,880
Deposit, UAE resident (20%)
AED 224,976
Deposit, non-resident (40%)
AED 449,952
Monthly over 25 years at 3.7%
AED 4,602

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