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2-bed · 1,370 sqftThe Waves Tower A, Dubai Marina · 21st floor · completed 2007

A215, The Waves Tower A

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A215 · DLD and Ejari recordsUpdated 22 August 2023
Last soldAED 1.6M27 May 2013
Current rentAED 105K /yr22 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A215, The Waves Tower A

What is A215 worth today?

Last sold for AED 1,595,000 in 2013

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22 Aug 2023RentedRenewal
AED 105,000/yr12 months · AED 77 per sqft
22 Aug 2022RentedRenewal
AED 98,000/yr12 months · AED 72 per sqft
22 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
20 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 51 per sqft
24 May 2020RentedRenewal
AED 105,000/yr12 months · AED 77 per sqft
25 May 2018RentedRenewal
AED 125,000/yr12 months · AED 91 per sqft
25 May 2017RentedNew contract
AED 130,000/yr12 months · AED 95 per sqft
10 Apr 2016RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 22 August 2023.

Key facts

Type
2-bed apartment
Size
1,370 sqft
Floor
21st of 26
Parking
B3-21
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 21,400 /yr
Last sold
AED 1.6M · May 2013
Building
The Waves Tower A

About A215, The Waves Tower A

A215 is a two-bedroom apartment of 1,370 sqft on the 21st floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 27 May 2013 for AED 1,595,000, or AED 1,164 per sqft, 36% above the AED 858 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 August 2023, is AED 105,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 21,400 a year.

Sales and rents for A215 over time

Sales
Unit A215, each saleTypical two-bed in The Waves Tower A
1M1.5M2M2008201320182023Typical sale price by year: 2008 AED 909,500; 2009 AED 899,000; 2010 AED 900,000; 2011 AED 844,000; 2012 AED 899,000; 2013 AED 1,350,000; 2014 AED 1,762,500; 2015 AED 911,250; 2017 AED 1,510,000; 2019 AED 1,100,000; 2021 AED 1,055,000; 2022 AED 1,387,500; 2023 AED 1,550,000; 2024 AED 1,855,000; 2025 AED 1,700,000Sold by developer, September 2010: AED 835,050 (AED 609 per sqft)Sold, May 2013: AED 1,595,000 (AED 1,164 per sqft)

A215 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A215, each contractTypical two-bed in The Waves Tower A
100K150K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 115,000; 2014 AED 130,449; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 125,009; 2018 AED 100,000; 2019 AED 89,500; 2020 AED 82,500; 2021 AED 78,000; 2022 AED 93,500; 2023 AED 105,000; 2024 AED 120,976; 2025 AED 120,000New contract, November 2013: AED 135,000 a yearNew contract, April 2016: AED 140,000 a yearNew contract, May 2017: AED 130,000 a yearRenewal, May 2018: AED 125,000 a yearRenewal, May 2020: AED 105,000 a yearNew contract, January 2021: AED 70,000 a yearNew contract, August 2021: AED 90,000 a yearRenewal, August 2022: AED 98,000 a yearRenewal, August 2023: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Waves Tower A, and where A215 sits

All 52 2-beds →

A215 last sold in May 2013 at AED 1,164 per sqft, 36% above what two-beds in The Waves Tower A were fetching at the time (AED 858). Over the last 12 months two-beds sold for AED 1,845,000 to 2,325,000, around AED 1,606 per sqft, and rent for AED 110,000 to 130,000 a year. A215's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20262,325,000
4 Feb 20261,845,000
9 Jun 20251,700,000
27 Mar 20251,660,000
2 2-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 21st floor

All 161 units in The Waves Tower A
Value
A2112-bedAED 2.1M · Nov 2024
A2122-bedAED 1.9M · Jan 2017
A2133-bedAED 1.21M · Mar 2010
A2143-bedAED 2.45M · May 2016
A2162-bedAED 1.48M · Sep 2017

A215, The Waves Tower A in numbers

  • Sold twice: first on 22 September 2010 for AED 835,050, last on 27 May 2013 for AED 1,595,000 (AED 1,164 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 70,000 in 2021 and recovered to AED 105,000 by August 2023.
  • At AED 105,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 21,400 a year (AED 15.61 per sqft).
  • Two-beds in The Waves Tower A sold for AED 1,845,000–2,325,000 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 22 August 2023.

Questions about A215, The Waves Tower A

What did unit A215 last sell for?

AED 1,595,000 on 27 May 2013: AED 1,164 per sqft for 1,370 sqft. The unit has 2 registered sales; the first was AED 835,050 in September 2010.

What is the rent for unit A215?

AED 105,000 a year on the contract renewed on 22 August 2023. The previous contract, from August 2022, was AED 98,000; the unit has been rented since November 2013.

How big is unit A215?

1,370 sqft (127.3 sqm): a two-bedroom apartment on the 21st floor of a 26-storey tower completed in 2007.

What is unit A215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Waves Tower A sold for AED 1,845,000 to 2,325,000 in the last 12 months, around AED 1,606 per sqft.

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Mortgage on A215, The Waves Tower A

Starts from the last sale price (AED 1.6M, 27 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,595,000
Deposit, UAE resident (20%)
AED 319,000
Deposit, non-resident (40%)
AED 638,000
Monthly over 25 years at 3.7%
AED 6,526

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