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1-bed · 839 sqftBlue Wave Tower, Dubailand Residence Complex · 12th floor · completed 2023

1215, Blue Wave Tower

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

Unit 1215 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 626K9 August 2023
Current rentAED 60K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1215, Blue Wave Tower

What is 1215 worth today?

Last sold for AED 626,270 in 2023

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20 Jul 2025RentedNew contract
AED 60,000/yr24 months · AED 72 per sqft
5 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft
9 Aug 2023Sold by developerReady
AED 626,270AED 746 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
12th of 19
Parking
B2-94
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,000 /yr
Last sold
AED 626K · August 2023
Building
Blue Wave Tower

About 1215, Blue Wave Tower

1215 is a one-bedroom apartment of 839 sqft on the 12th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 9 August 2023 for AED 626,270, or AED 746 per sqft, 6% below the AED 796 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 20 July 2025, is AED 60,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 1215 over time

Sales
Unit 1215, each saleTypical one-bed in Blue Wave Tower
600K800K2020202220242026Typical sale price by year: 2020 AED 558,474; 2021 AED 629,150; 2022 AED 655,365; 2023 AED 656,248; 2024 AED 882,149; 2025 AED 762,500Sold by developer, August 2023: AED 626,270 (AED 746 per sqft)

1215 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1215, each contractTypical one-bed in Blue Wave Tower
50K60K20232024202520262027Typical rent by year: 2023 AED 48,250; 2024 AED 52,250; 2025 AED 55,100; 2026 AED 62,500New contract, October 2024: AED 60,000 a yearNew contract, July 2025: AED 60,000 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 Blue Wave Tower, and where 1215 sits

All 193 1-beds →

1215 last sold in August 2023 at AED 746 per sqft, 6% below what one-beds in Blue Wave Tower were fetching at the time (AED 796). Over the last 12 months one-beds sold for AED 820,000 to 840,000, around AED 857 per sqft, and rent for AED 52,000 to 69,000 a year. 1215's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2026840,000
8 Dec 2025840,000
15 Jul 2025800,000
30 Jun 2025750,000
3 1-bed 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 12th floor

All 553 units in Blue Wave Tower
Value
1201StudioAED 590K · Feb 2024
1202StudioAED 540K · May 2025
1203StudioAED 436K · Mar 2023
1204StudioAED 458K · Aug 2021
1205StudioAED 349K · Apr 2023
1206StudioAED 349K · Oct 2020
12071-bedAED 659K · Apr 2022
1–7 of 29

1215, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 9 August 2023 for AED 626,270, or AED 746 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 13,000 a year (AED 15.54 per sqft).
  • One-beds in Blue Wave Tower sold for AED 820,000–840,000 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 20 July 2025.

Questions about 1215, Blue Wave Tower

What did unit 1215 last sell for?

AED 626,270 on 9 August 2023, sold by the developer: AED 746 per sqft for 839 sqft. It is the only registered sale of the unit.

What is the rent for unit 1215?

AED 60,000 a year on the contract signed on 20 July 2025. The previous contract, from October 2024, was AED 60,000.

How big is unit 1215?

839 sqft (77.9 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2023.

What is unit 1215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blue Wave Tower sold for AED 820,000 to 840,000 in the last 12 months, around AED 857 per sqft.

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Mortgage on 1215, Blue Wave Tower

Starts from the last sale price (AED 626K, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 626,270
Deposit, UAE resident (20%)
AED 125,254
Deposit, non-resident (40%)
AED 250,508
Monthly over 25 years at 3.7%
AED 2,562

Plus AED 31,314 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →