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3-bed · 4,153 sqftThe Waves Tower A, Dubai Marina · 26th floor · completed 2007

A264, The Waves Tower A

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A264 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 2.81M26 April 2010
Current rentAED 220K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A264, The Waves Tower A

What is A264 worth today?

Last sold for AED 2,805,000 in 2010

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21 Mar 2024RentedNew contract
AED 220,000/yr12 months · AED 53 per sqft
1 Feb 2022RentedRenewal
AED 167,000/yr12 months · AED 40 per sqft
1 Feb 2021RentedNew contract
AED 167,000/yr12 months · AED 40 per sqft
31 Oct 2019RentedNew contract
AED 175,000/yr12 months · AED 42 per sqft
20 Sep 2018RentedRenewal
AED 175,000/yr12 months · AED 42 per sqft
20 Sep 2017RentedNew contract
AED 180,000/yr12 months · AED 43 per sqft
7 Sep 2013RentedNew contract
AED 260,000/yr12 months · AED 63 per sqft
26 Apr 2010Sold by developerReady
AED 2,805,000AED 691 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
3-bed apartment
Size
4,153 sqft
Floor
26th of 26
Parking
B1-225, B1-247
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 64,800 /yr
Last sold
AED 2.81M · April 2010
Building
The Waves Tower A

About A264, The Waves Tower A

A264 is a three-bedroom apartment of 4,153 sqft on the 26th 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 26 April 2010 for AED 2,805,000, or AED 691 per sqft, in line with the AED 671 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 21 March 2024, is AED 220,000 a year: a gross yield of 7.8% on the 2010 price, before the service charge of about AED 64,800 a year.

Sales and rents for A264 over time

Sales
Unit A264, each saleTypical three-bed in The Waves Tower A
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,219,000; 2009 AED 1,324,500; 2010 AED 1,712,500; 2011 AED 1,372,000; 2012 AED 1,737,500; 2013 AED 1,922,500; 2016 AED 2,350,000; 2017 AED 2,350,000; 2023 AED 2,400,000; 2024 AED 2,800,000; 2025 AED 2,900,000Sold by developer, April 2010: AED 2,805,000 (AED 691 per sqft)

A264 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A264, each contractTypical three-bed in The Waves Tower A
100K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 172,700; 2014 AED 174,125; 2015 AED 178,065; 2016 AED 180,000; 2017 AED 167,480; 2018 AED 152,500; 2019 AED 140,000; 2020 AED 129,000; 2021 AED 112,500; 2022 AED 125,500; 2023 AED 155,000; 2024 AED 162,750; 2025 AED 175,000New contract, September 2013: AED 260,000 a yearNew contract, September 2017: AED 180,000 a yearRenewal, September 2018: AED 175,000 a yearNew contract, October 2019: AED 175,000 a yearNew contract, February 2021: AED 167,000 a yearRenewal, February 2022: AED 167,000 a yearNew contract, March 2024: AED 220,000 a year

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

3-beds in The Waves Tower A, and where A264 sits

All 29 3-beds →

A264 last sold in April 2010 at AED 691 per sqft, in line with what three-beds in The Waves Tower A were fetching at the time (AED 671). Over the last 12 months three-beds sold for AED 2,900,000 to 3,900,000, around AED 1,526 per sqft, and rent for AED 185,000 to 185,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Dec 20252,900,000
28 Jul 20252,730,000
14 Mar 20253,050,000
13 Sep 20242,800,000
4 3-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 26th floor

All 161 units in The Waves Tower A
Value
A2613-bedAED 4.33M · Jul 2024
A262AED 3.9M · Nov 2025
A2633-bedAED 2.6M · Oct 2019
A2653-bedAED 2.7M · Dec 2018
A2663-bedAED 1.6M · Dec 2012

A264, The Waves Tower A in numbers

  • Sold once: by DAMAC PROPERTIES CO on 26 April 2010 for AED 2,805,000, or AED 691 per sqft.
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 260,000 to AED 167,000 in 2022 and recovered to AED 220,000 by March 2024.
  • At AED 220,000 a year the gross yield on the 2010 price is 7.8%, before a service charge of about AED 64,800 a year (AED 15.61 per sqft).
  • Three-beds in The Waves Tower A sold for AED 2,900,000–3,900,000 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 21 March 2024.

Questions about A264, The Waves Tower A

What did unit A264 last sell for?

AED 2,805,000 on 26 April 2010, sold by the developer: AED 691 per sqft for 4,153 sqft. It is the only registered sale of the unit.

What is the rent for unit A264?

AED 220,000 a year on the contract signed on 21 March 2024. The previous contract, from February 2022, was AED 167,000; the unit has been rented since September 2013.

How big is unit A264?

4,153 sqft (385.8 sqm): a three-bedroom apartment on the 26th floor of a 26-storey tower completed in 2007.

What is unit A264 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Waves Tower A sold for AED 2,900,000 to 3,900,000 in the last 12 months, around AED 1,526 per sqft.

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Mortgage on A264, The Waves Tower A

Starts from the last sale price (AED 2.81M, 26 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,805,000
Deposit, UAE resident (20%)
AED 561,000
Deposit, non-resident (40%)
AED 1,122,000
Monthly over 25 years at 3.7%
AED 11,476

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