Studio · 382 sqftBlue Wave Tower, Dubailand Residence Complex · 11th floor · completed 2023

1121, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1121 · DLD and Ejari recordsUpdated 18 August 2024
Last soldAED 349K18 May 2023
Current rentAED 36K /yr18 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1121, Blue Wave Tower

What is 1121 worth today?

Last sold for AED 349,000 in 2023

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18 Aug 2024RentedRenewal
AED 36,000/yr12 months · AED 93 per sqft
18 May 2023Sold by developerReady
AED 349,000AED 912 per sqft

Source: Dubai Land Department. Updated 18 August 2024.

Key facts

Type
Studio apartment
Size
382 sqft
Floor
11th of 19
Parking
P2-25
Developer
Tiger Properties
Completed
2023
Service charge
AED 5,900 /yr
Last sold
AED 349K · May 2023

About 1121, Blue Wave Tower

1121 is a studio of 382 sqft on the 11th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 18 May 2023 for AED 349,000, or AED 912 per sqft, 14% above the AED 799 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 August 2024. The current contract, renewed on 18 August 2024, is AED 36,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1121 over time

Sales
Unit 1121, each saleTypical studio in Blue Wave Tower
400K500K2020202220242026Typical sale price by year: 2020 AED 386,000; 2021 AED 435,860; 2022 AED 443,101; 2023 AED 400,000; 2024 AED 445,000; 2025 AED 450,000; 2026 AED 482,500Sold by developer, May 2023: AED 349,000 (AED 912 per sqft)

1121 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1121, each contractTypical studio in Blue Wave Tower
35K40K45K20232024202520262027Typical rent by year: 2023 AED 36,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 44,500Renewal, August 2024: AED 36,000 a year

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

Studios in Blue Wave Tower, and where 1121 sits

All 298 studios →

1121 last sold in May 2023 at AED 912 per sqft, 14% above what studios in Blue Wave Tower were fetching at the time (AED 799). Over the last 12 months studios sold for AED 349,000 to 565,000, around AED 1,074 per sqft, and rent for AED 31,000 to 59,000 a year. 1121's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 2026515,000
5 Feb 2026530,000
21 Jan 2026440,000
19 Jan 2026450,000
7 studio sales in the last 12 months

Blue Wave Tower

Building

553 apartments, studios to 2-bed over 19 floors in Dubailand Residence Complex, completed in 2023 by Tiger Properties. 10 sold in the last 12 months.

Typical price per sqft
AED 1,040 Up 13.0%
Typical sale
AED 523K
Typical rent
AED 48K /yr
Typical yield
8.3%
Blue Wave Tower, Dubailand Residence Complex: prices, sales and rents →

Other units on the 11th floor

All 553 units in Blue Wave Tower
Value
1101StudioAED 435K · Jan 2025
1102StudioAED 420K · Feb 2020
1103StudioAED 460K · Feb 2024
1104StudioAED 470K · May 2024
1105StudioAED 349K · May 2023
1106StudioAED 420K · May 2024
11071-bedNo registered sale
1–7 of 29

1121, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 18 May 2023 for AED 349,000, or AED 912 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 5,900 a year (AED 15.54 per sqft).
  • Studios in Blue Wave Tower sold for AED 349,000–565,000 in the 12 months to November 2026; the building's median across all types is AED 1,040 per sqft.

Source: Dubai Land Department. Updated 18 August 2024.

Questions about 1121, Blue Wave Tower

What did unit 1121 last sell for?

AED 349,000 on 18 May 2023, sold by the developer: AED 912 per sqft for 382 sqft. It is the only registered sale of the unit.

What is the rent for unit 1121?

AED 36,000 a year on the contract renewed on 18 August 2024.

How big is unit 1121?

382 sqft (35.5 sqm): a studio on the 11th floor of a 19-storey tower completed in 2023.

What is unit 1121 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Blue Wave Tower sold for AED 349,000 to 565,000 in the last 12 months, around AED 1,074 per sqft.

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Mortgage on 1121, Blue Wave Tower

Starts from the last sale price (AED 349K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 349,000
Deposit, UAE resident (20%)
AED 69,800
Deposit, non-resident (40%)
AED 139,600
Monthly over 25 years at 3.7%
AED 1,428

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