Studio · 487 sqftWaves Tower, Business Bay · 7th floor

707, Waves Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 707

Unit 707 · DLD and Ejari recordsUpdated 18 November 2025

Last soldAED 745K12 September 2022

Current rentAED 70K /yr18 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 707

Property timeline for 707, Waves Tower

Today

What is 707 worth today?

Last sold for AED 745,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Nov 2025

18 Nov 2025RentedRenewal

AED 70,000/yr12 months · AED 144 per sqft

24 Oct 2023

24 Oct 2023RentedRenewal

AED 56,700/yr12 months · AED 116 per sqft

12 Sep 2022

12 Sep 2022Sold by developerReady

AED 745,000AED 1,530 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type: Studio apartment
Size: 487 sqft
Floor: 7th of 16
Parking: P3-21
Service charge: AED 7,800 /yr
Last sold: AED 745K · September 2022
Building: Waves Tower

About 707, Waves Tower

707 is a studio of 487 sqft on the 7th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 12 September 2022 for AED 745,000, or AED 1,530 per sqft, 5% below the AED 1,608 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 70,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for 707 over time

Sales

Unit 707, each saleTypical studio in Waves Tower

707 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 707, each contractTypical studio in Waves Tower

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 707 sits

All 59 studios →

Studios in Waves Tower · last 12 months1,984 /sqft Waves Tower · all types1,649 /sqft

707 last sold in September 2022 at AED 1,530 per sqft, 5% below what studios in Waves Tower were fetching at the time (AED 1,608). 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. 707's AED 70,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

2 studio 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 7th floor

All 160 units in Waves Tower


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
706	Studio	221 sqft	AED 348KAED 348,000 · Feb 2023February 2023
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

1–7 of 10

707, Waves Tower in numbers

Sold once: by the developer on 12 September 2022 for AED 745,000, or AED 1,530 per sqft.
Rented since October 2023 on 2 Ejari contracts, from AED 56,700 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2022 price is 9.4%, 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 18 November 2025.

Questions about 707, Waves Tower

What did unit 707 last sell for?

AED 745,000 on 12 September 2022, sold by the developer: AED 1,530 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 70,000 a year on the contract renewed on 18 November 2025. The previous contract, from October 2023, was AED 56,700.

How big is unit 707?

487 sqft (45.2 sqm): a studio on the 7th floor of a 16-storey tower.

What is unit 707 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.

Selling 707? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 707, Waves Tower

Starts from the last sale price (AED 745K, 12 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 745,000
Deposit, UAE resident (20%): AED 149,000
Deposit, non-resident (40%): AED 298,000
Monthly over 25 years at 3.7%: AED 3,048

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