1-bed · 918 sqftThe Waves Tower A, Dubai Marina · 15th floor · completed 2007

A154, The Waves Tower A

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A154 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 595K23 November 2008
Current rentAED 76K /yr30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A154, The Waves Tower A

What is A154 worth today?

Last sold for AED 595,000 in 2008

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30 Jan 2024RentedRenewal
AED 76,000/yr12 months · AED 83 per sqft
30 Jan 2023RentedRenewal
AED 72,000/yr12 months · AED 79 per sqft
30 Jan 2022RentedRenewal
AED 68,000/yr12 months · AED 74 per sqft
31 Jan 2020RentedRenewal
AED 72,798/yr12 months · AED 80 per sqft
31 Jan 2019RentedNew contract
AED 73,000/yr12 months · AED 80 per sqft
30 Jun 2015RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
24 Sep 2013RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
23 Nov 2008Sold by developerReady
AED 595,000AED 648 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
1-bed apartment
Size
918 sqft
Floor
15th of 26
Parking
B3-76
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 14,300 /yr
Last sold
AED 595K · November 2008

About A154, The Waves Tower A

A154 is a one-bedroom apartment of 918 sqft on the 15th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. The developer sold it on 23 November 2008 for AED 595,000, or AED 648 per sqft, 6% below the AED 690 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 30 January 2024, is AED 76,000 a year: a gross yield of 12.8% on the 2008 price, before the service charge of about AED 14,300 a year.

Sales and rents for A154 over time

Sales
Unit A154, each saleTypical one-bed in The Waves Tower A
500K1M2008201320182023Typical sale price by year: 2008 AED 595,000; 2009 AED 558,441; 2010 AED 592,000; 2011 AED 607,050; 2012 AED 740,000; 2013 AED 960,000; 2014 AED 1,325,000; 2015 AED 1,330,000; 2017 AED 1,150,000; 2018 AED 1,090,000; 2021 AED 700,000; 2022 AED 980,000; 2023 AED 1,150,000; 2024 AED 1,347,500; 2025 AED 1,325,000Sold by developer, November 2008: AED 595,000 (AED 648 per sqft)

A154 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A154, each contractTypical one-bed in The Waves Tower A
50K75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 90,000; 2015 AED 98,000; 2016 AED 94,882; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 61,500; 2021 AED 57,000; 2022 AED 68,500; 2023 AED 77,500; 2024 AED 83,300; 2025 AED 84,748; 2026 AED 83,750New contract, September 2013: AED 80,000 a yearNew contract, June 2015: AED 110,000 a yearNew contract, January 2019: AED 73,000 a yearRenewal, January 2020: AED 72,798 a yearRenewal, January 2022: AED 68,000 a yearRenewal, January 2023: AED 72,000 a yearRenewal, January 2024: AED 76,000 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 The Waves Tower A, and where A154 sits

All 72 1-beds →

A154 last sold in November 2008 at AED 648 per sqft, 6% below what one-beds in The Waves Tower A were fetching at the time (AED 690). 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. A154's AED 76,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jan 20261,525,000
9 May 20251,300,000
27 Mar 20251,550,000
17 Mar 20251,350,000
2 1-bed sales in the last 12 months

The Waves Tower A

Building

161 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%
The Waves Tower A, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 161 units in The Waves Tower A
Value
A1511-bedAED 1.1M · Jan 2018
A1521-bedAED 585K · Apr 2009
A1531-bedAED 590K · Dec 2008
A1551-bedAED 1.11M · Feb 2017
A1563-bedAED 2.3M · Jul 2013
A1572-bedAED 2.33M · Feb 2026
A1582-bedAED 808K · Dec 2015

A154, The Waves Tower A in numbers

  • Sold once: by DAMAC PROPERTIES CO on 23 November 2008 for AED 595,000, or AED 648 per sqft.
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 68,000 in 2022 and recovered to AED 76,000 by January 2024.
  • At AED 76,000 a year the gross yield on the 2008 price is 12.8%, before a service charge of about AED 14,300 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 30 January 2024.

Questions about A154, The Waves Tower A

What did unit A154 last sell for?

AED 595,000 on 23 November 2008, sold by the developer: AED 648 per sqft for 918 sqft. It is the only registered sale of the unit.

What is the rent for unit A154?

AED 76,000 a year on the contract renewed on 30 January 2024. The previous contract, from January 2023, was AED 72,000; the unit has been rented since September 2013.

How big is unit A154?

918 sqft (85.3 sqm): a one-bedroom apartment on the 15th floor of a 26-storey tower completed in 2007.

What is unit A154 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 A154, The Waves Tower A

Starts from the last sale price (AED 595K, 23 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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