1-bed · 1,055 sqftThe Waves Tower B, Dubai Marina · 5th floor · completed 2007

B59, The Waves Tower B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B59 · DLD and Ejari recordsUpdated 16 September 2025
Last soldAED 595K28 October 2015
Current rentAED 105K /yr16 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B59, The Waves Tower B

What is B59 worth today?

Last sold for AED 595,000 in 2015

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16 Sep 2025RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
16 Sep 2024RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
16 Sep 2023RentedNew contract
AED 102,000/yr12 months · AED 97 per sqft
1 Jul 2022RentedRenewal
AED 70,000/yr12 months · AED 66 per sqft
1 Jul 2021RentedRenewal
AED 67,000/yr12 months · AED 64 per sqft
1 Jul 2020RentedRenewal
AED 67,000/yr12 months · AED 64 per sqft
6 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
28 Oct 2015Sold by developerReady
AED 595,000AED 563 per sqft

Source: Dubai Land Department. Updated 16 September 2025.

Key facts

Type
1-bed apartment
Size
1,055 sqft
Floor
5th of 10
Parking
B1-237
Developer
DAMAC PROPERTIES CO
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 595K · October 2015

About B59, The Waves Tower B

B59 is a one-bedroom apartment of 1,055 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 October 2015 for AED 595,000, or AED 563 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 16 September 2025, is AED 105,000 a year: a gross yield of 17.6% on the 2015 price, before the service charge of about AED 16,500 a year.

Sales and rents for B59 over time

Sales
Unit B59, each saleTypical one-bed in The Waves Tower B
1M2008201320182023Typical sale price by year: 2008 AED 887,500; 2009 AED 702,500; 2010 AED 710,165; 2011 AED 950,000; 2012 AED 1,065,000; 2013 AED 1,160,000; 2014 AED 1,706,040; 2017 AED 1,350,000; 2021 AED 850,000; 2022 AED 950,000; 2024 AED 1,340,000; 2025 AED 1,455,000Sold by developer, October 2015: AED 595,000 (AED 563 per sqft)

B59 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B59, each contractTypical one-bed in The Waves Tower B
60K80K100K2013201720212025Typical rent by year: 2013 AED 89,000; 2014 AED 108,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 70,000; 2021 AED 66,500; 2022 AED 71,000; 2023 AED 87,000; 2024 AED 100,000; 2025 AED 102,500; 2026 AED 110,000New contract, November 2017: AED 100,000 a yearRenewal, July 2020: AED 67,000 a yearRenewal, July 2021: AED 67,000 a yearRenewal, July 2022: AED 70,000 a yearNew contract, September 2023: AED 102,000 a yearRenewal, September 2024: AED 105,000 a yearRenewal, September 2025: AED 105,000 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 B, and where B59 sits

All 53 1-beds →

Over the last 12 months one-beds sold for AED 1,510,000, around AED 1,474 per sqft, and rent for AED 90,000 to 155,000 a year. B59's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Dec 20251,510,000
21 Apr 20251,550,000
17 Feb 20251,010,000
11 Feb 20251,400,000
1 1-bed sale 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
B562-bedAED 980K · Jan 2009
1–7 of 9

B59, The Waves Tower B in numbers

  • Sold once: by DAMAC PROPERTIES CO on 28 October 2015 for AED 595,000, or AED 563 per sqft.
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 67,000 in 2021 and recovered to AED 105,000 by September 2025.
  • At AED 105,000 a year the gross yield on the 2015 price is 17.6%, before a service charge of about AED 16,500 a year (AED 15.61 per sqft).
  • One-beds in The Waves Tower B sold for AED 1,510,000–1,510,000 in the 12 months to November 2026; the building's median across all types is AED 1,474 per sqft.

Source: Dubai Land Department. Updated 16 September 2025.

Questions about B59, The Waves Tower B

What did unit B59 last sell for?

AED 595,000 on 28 October 2015, sold by the developer: AED 563 per sqft for 1,055 sqft. It is the only registered sale of the unit.

What is the rent for unit B59?

AED 105,000 a year on the contract renewed on 16 September 2025. The previous contract, from September 2024, was AED 105,000; the unit has been rented since November 2017.

How big is unit B59?

1,055 sqft (98.0 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit B59 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 B sold for AED 1,510,000 to 1,510,000 in the last 12 months, around AED 1,474 per sqft.

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Mortgage on B59, The Waves Tower B

Starts from the last sale price (AED 595K, 28 October 2015). 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 AED 30,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →