2-bed · 1,211 sqftThe Waves Tower A, Dubai Marina · 9th floor · completed 2007

A98, The Waves Tower A

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

Unit A98 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 1.17M5 May 2010
Current rentAED 96K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A98, The Waves Tower A

What is A98 worth today?

Last sold for AED 1,173,000 in 2010

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25 May 2025RentedRenewal
AED 96,393/yr12 months · AED 80 per sqft
25 May 2024RentedRenewal
AED 96,393/yr12 months · AED 80 per sqft
25 May 2023RentedNew contract
AED 87,630/yr12 months · AED 72 per sqft
25 May 2022RentedNew contract
AED 76,000/yr12 months · AED 62 per sqft
15 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
15 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
15 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
1 Apr 2017RentedRenewal
AED 130,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
2-bed apartment
Size
1,211 sqft
Floor
9th of 26
Parking
B2-111
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 18,900 /yr
Last sold
AED 1.17M · May 2010

About A98, The Waves Tower A

A98 is a two-bedroom apartment of 1,211 sqft on the 9th floor of The Waves Tower A, a 26-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. It last sold on 5 May 2010 for AED 1,173,000, or AED 968 per sqft, 47% above the AED 658 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 96,393 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 18,900 a year.

Sales and rents for A98 over time

Sales
Unit A98, 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, March 2010: AED 783,000 (AED 909 per sqft)Sold, May 2010: AED 1,173,000 (AED 968 per sqft)

A98 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A98, each contractTypical two-bed in The Waves Tower A
50K100K2012201620202024Typical 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, March 2013: AED 85,000 a yearNew contract, March 2014: AED 97,750 a yearNew contract, March 2015: AED 115,000 a yearNew contract, April 2016: AED 130,000 a yearRenewal, April 2017: AED 130,000 a yearNew contract, September 2018: AED 90,000 a yearNew contract, September 2019: AED 90,000 a yearNew contract, February 2021: AED 60,000 a yearNew contract, May 2022: AED 76,000 a yearNew contract, May 2023: AED 87,630 a yearRenewal, May 2024: AED 96,393 a yearRenewal, May 2025: AED 96,393 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 A98 sits

All 52 2-beds →

A98 last sold in May 2010 at AED 968 per sqft, 47% above what two-beds in The Waves Tower A were fetching at the time (AED 658). 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. A98's AED 96,393 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 9th floor

All 161 units in The Waves Tower A
Value
A911-bedAED 569K · Jul 2011
A921-bedAED 1.05M · May 2010
A931-bedAED 1.43M · Jun 2015
A941-bedAED 557K · Sep 2010
A951-bedAED 604K · Mar 2010
A963-bedAED 1.85M · May 2013
A972-bedAED 1.24M · Sep 2021

A98, The Waves Tower A in numbers

  • Sold twice: first on 31 March 2010 for AED 783,000, last on 5 May 2010 for AED 1,173,000 (AED 968 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 96,393 by May 2025.
  • At AED 96,393 a year the gross yield on the 2010 price is 8.2%, before a service charge of about AED 18,900 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 25 May 2025.

Questions about A98, The Waves Tower A

What did unit A98 last sell for?

AED 1,173,000 on 5 May 2010: AED 968 per sqft for 1,211 sqft. The unit has 2 registered sales; the first was AED 783,000 in March 2010.

What is the rent for unit A98?

AED 96,393 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 96,393; the unit has been rented since March 2013.

How big is unit A98?

1,211 sqft (112.5 sqm): a two-bedroom apartment on the 9th floor of a 26-storey tower completed in 2007.

What is unit A98 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 A98, The Waves Tower A

Starts from the last sale price (AED 1.17M, 5 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,173,000
Deposit, UAE resident (20%)
AED 234,600
Deposit, non-resident (40%)
AED 469,200
Monthly over 25 years at 3.7%
AED 4,799

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