A123, The Waves Tower A
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A123, The Waves Tower A
What is A123 worth today?
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Source: Dubai Land Department. Updated 16 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 911 sqft
- Floor
- 12th of 26
- Parking
- B3-92
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2007
- Service charge
- AED 14,200 /yr
- Last sold
- AED 1.48M · August 2024
- Building
- The Waves Tower A
About A123, The Waves Tower A
A123 is a one-bedroom apartment of 911 sqft on the 12th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 16 August 2024 for AED 1,480,000, or AED 1,624 per sqft, 31% above the AED 1,241 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 February 2021, is AED 60,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 14,200 a year.
Sales and rents for A123 over time
A123 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Waves Tower A, and where A123 sits
All 72 1-beds →A123 last sold in August 2024 at AED 1,624 per sqft, 31% above what one-beds in The Waves Tower A were fetching at the time (AED 1,241). Over the last 12 months one-beds sold for AED 516,660 to 1,525,000, around AED 1,211 per sqft, and rent for AED 52,028 to 100,000 a year. A123's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,030 sqft | 1,525,000 | 1,480 | ||
| 9 May 20259 May 2025 | 897 sqft | 1,300,000 | 1,449 | ||
| 27 Mar 202527 March 2025 | 912 sqft | 1,550,000 | 1,699 | ||
| 17 Mar 202517 March 2025 | 911 sqft | 1,350,000 | 1,481 |
The Waves Tower A
Building161 apartments, 1-bed to 3-bed over 26 floors in Dubai Marina, completed in 2007 by DAMAC PROPERTIES CO. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,497
- Typical sale
- AED 2.61M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.1%
Other units on the 12th floor
All 161 units in The Waves Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| A121 | 1-bed | 1,030 sqft | AED 685KAED 685,100 · Apr 2021April 2021 | 85,000 /yr | |
| A122 | 1-bed | 912 sqft | AED 562KAED 562,000 · May 2010May 2010 | 78,200 /yr | |
| A124 | 1-bed | 918 sqft | AED 1.13MAED 1,125,000 · Dec 2023December 2023 | 60,000 /yr | |
| A125 | 1-bed | 913 sqft | AED 1.75MAED 1,750,000 · Sep 2008September 2008 | 50,000 /yr | |
| A126 | 3-bed | 2,034 sqft | AED 2.03MAED 2,030,000 · Nov 2022November 2022 | 120,000 /yr | |
| A127 | 2-bed | 1,369 sqft | AED 1.3MAED 1,300,000 · Jan 2022January 2022 | 117,810 /yr | |
| A128 | 2-bed | 1,211 sqft | AED 1.51MAED 1,510,000 · Jun 2024June 2024 | 150,000 /yr |
A123, The Waves Tower A in numbers
- Sold twice: first on 9 December 2009 for AED 567,000, last on 16 August 2024 for AED 1,480,000 (AED 1,624 per sqft).
- Rented since March 2013 on 6 Ejari contracts. The rent fell from AED 67,319 to AED 50,000 in 2020 and recovered to AED 60,000 by February 2021.
- At AED 60,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 14,200 a year (AED 15.61 per sqft).
- One-beds in The Waves Tower A sold for AED 516,660–1,525,000 in the 12 months to November 2026; the building's median across all types is AED 1,497 per sqft.
Source: Dubai Land Department. Updated 16 August 2024.
Questions about A123, The Waves Tower A
What did unit A123 last sell for?
AED 1,480,000 on 16 August 2024: AED 1,624 per sqft for 911 sqft. The unit has 2 registered sales; the first was AED 567,000 in December 2009.
What is the rent for unit A123?
AED 60,000 a year on the contract signed on 1 February 2021. The previous contract, from September 2020, was AED 50,000; the unit has been rented since March 2013.
How big is unit A123?
911 sqft (84.6 sqm): a one-bedroom apartment on the 12th floor of a 26-storey tower completed in 2007.
What is unit A123 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Waves Tower A sold for AED 516,660 to 1,525,000 in the last 12 months, around AED 1,211 per sqft.
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Mortgage on A123, The Waves Tower A
Starts from the last sale price (AED 1.48M, 16 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,000
- Deposit, UAE resident (20%)
- AED 296,000
- Deposit, non-resident (40%)
- AED 592,000
- Monthly over 25 years at 3.7%
- AED 6,055
Plus AED 67,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →