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2-bed · 1,540 sqftThe Waves Tower B, Dubai Marina · 5th floor · completed 2007

B56, The Waves Tower B

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B56 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 980K28 January 2009
Current rentAED 125K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B56, The Waves Tower B

What is B56 worth today?

Last sold for AED 980,000 in 2009

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10 May 2025RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
10 May 2023RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
3 May 2021RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
1 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
14 Feb 2014RentedNew contract
AED 119,644/yr12 months · AED 78 per sqft
28 Jan 2009Sold by developerReady
AED 980,000AED 636 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
5th of 10
Parking
B1-241
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 980K · January 2009
Building
The Waves Tower B

About B56, The Waves Tower B

B56 is a two-bedroom apartment of 1,540 sqft on the 5th floor of The Waves Tower B, a 10-storey tower in Dubai Marina completed in 2007 by DAMAC PROPERTIES CO. The developer sold it on 28 January 2009 for AED 980,000, or AED 636 per sqft, in line with the AED 636 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 125,000 a year: a gross yield of 12.8% on the 2009 price, before the service charge of about AED 24,000 a year.

Sales and rents for B56 over time

Sales
Unit B56, each saleTypical two-bed in The Waves Tower B
1M1.5M2M2009201320172021Typical sale price by year: 2009 AED 980,000; 2010 AED 1,040,000; 2017 AED 1,925,000; 2022 AED 1,950,000Sold by developer, January 2009: AED 980,000 (AED 636 per sqft)

B56 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B56, each contractTypical two-bed in The Waves Tower B
100K125K20142017202020232026Typical rent by year: 2014 AED 133,125; 2015 AED 138,906; 2017 AED 135,000; 2018 AED 127,500; 2019 AED 129,000; 2020 AED 105,000; 2021 AED 90,000; 2023 AED 126,000; 2024 AED 140,000; 2025 AED 140,000New contract, February 2014: AED 119,644 a yearNew contract, October 2020: AED 90,000 a yearNew contract, May 2021: AED 90,000 a yearRenewal, May 2023: AED 110,000 a yearRenewal, May 2025: AED 125,000 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 B, and where B56 sits

All 10 2-beds →

B56 last sold in January 2009 at AED 636 per sqft, in line with what two-beds in The Waves Tower B were fetching at the time (AED 636).

Recent 2-bed salesUnit no.Price (AED)Summary
28 Dec 20222,235,000
27 Jun 20221,950,000
1 Apr 20221,440,000
25 Mar 20181,450,000
0 2-bed sales in the last 12 months

The Waves Tower B

Building

86 apartments, 1-bed to 4-bed over 10 floors in Dubai Marina, completed in 2007 by DAMAC PROPERTIES CO. 1 sold in the last 12 months.

Typical price per sqft
AED 1,474
Typical sale
AED 1.51M
Typical rent
AED 145K /yr
Typical yield
6.8%
The Waves Tower B, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 86 units in The Waves Tower B
Value
B511-bedAED 950K · Aug 2011
B52a1-bedAED 1.25M · Jun 2013
B52b1-bedAED 950K · Jul 2011
B531-bedAED 1M · Mar 2014
B543-bedAED 3.2M · Jun 2025
B553-bedAED 1.4M · Mar 2011
B571-bedAED 1.55M · Apr 2025
1–7 of 9

B56, The Waves Tower B in numbers

  • Sold once: by DAMAC PROPERTIES CO on 28 January 2009 for AED 980,000, or AED 636 per sqft.
  • Rented since February 2014 on 5 Ejari contracts. The rent fell from AED 119,644 to AED 90,000 in 2021 and recovered to AED 125,000 by May 2025.
  • At AED 125,000 a year the gross yield on the 2009 price is 12.8%, before a service charge of about AED 24,000 a year (AED 15.61 per sqft).

Source: Dubai Land Department. Updated 10 May 2025.

Questions about B56, The Waves Tower B

What did unit B56 last sell for?

AED 980,000 on 28 January 2009, sold by the developer: AED 636 per sqft for 1,540 sqft. It is the only registered sale of the unit.

What is the rent for unit B56?

AED 125,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2023, was AED 110,000; the unit has been rented since February 2014.

How big is unit B56?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit B56 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B56, The Waves Tower B

Starts from the last sale price (AED 980K, 28 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

Plus AED 46,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →