706, Waves Tower
Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Waves Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 221 sqft
- Floor
- 7th of 16
- Parking
- P3-20
- Service charge
- AED 3,500 /yr
- Last sold
- AED 348K · February 2023
- Building
- Waves Tower
About 706, Waves Tower
706 is a studio of 221 sqft on the 7th floor of Waves Tower, a 16-storey tower in Business Bay. It last sold on 1 February 2023 for AED 348,000, or AED 1,576 per sqft, 4% below the AED 1,641 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 706 over time
706 has sold twice; 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 706 sits
All 59 studios →706 last sold in February 2023 at AED 1,576 per sqft, 4% below what studios in Waves Tower were fetching at the time (AED 1,641). 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.
| 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 7th floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 980 sqft | AED 1.25MAED 1,246,361 · Jul 2022July 2022 | ||
| 702 | 2-bed | 1,433 sqft | AED 2.32MAED 2,321,000 · Sep 2022September 2022 | 145,000 /yr | |
| 703 | 2-bed | 1,428 sqft | AED 4MAED 4,000,000 · Nov 2023November 2023 | 140,000 /yr | |
| 704 | 1-bed | 839 sqft | AED 1.17MAED 1,170,000 · Sep 2022September 2022 | 90,000 /yr | |
| 705 | 1-bed | 830 sqft | AED 1.14MAED 1,140,886 · Oct 2022October 2022 | 90,000 /yr | |
| 707 | Studio | 487 sqft | AED 745KAED 745,000 · Sep 2022September 2022 | 70,000 /yr | |
| 708 | 1-bed | 1,020 sqft | AED 1.13MAED 1,130,000 · Sep 2022September 2022 | 88,000 /yr | |
| 709 | 2-bed | 1,580 sqft | AED 2.08MAED 2,080,540 · Dec 2022December 2022 | ||
| 710 | Studio | 429 sqft | AED 725KAED 725,000 · Aug 2022August 2022 | ||
| 711 | Studio | 418 sqft | AED 762KAED 762,000 · Sep 2022September 2022 | 62,000 /yr |
706, Waves Tower in numbers
- Sold twice: first on 5 September 2022 for AED 696,000, last on 1 February 2023 for AED 348,000 (AED 1,576 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 1 February 2023.
Questions about 706, Waves Tower
What did unit 706 last sell for?
AED 348,000 on 1 February 2023: AED 1,576 per sqft for 221 sqft. The unit has 2 registered sales; the first was AED 696,000 in September 2022.
How big is unit 706?
221 sqft (20.5 sqm): a studio on the 7th floor of a 16-storey tower.
What is unit 706 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 706, Waves Tower
Starts from the last sale price (AED 348K, 1 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 348,000
- Deposit, UAE resident (20%)
- AED 69,600
- Deposit, non-resident (40%)
- AED 139,200
- Monthly over 25 years at 3.7%
- AED 1,424
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →