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Studio · 418 sqftBlue Wave Tower, Dubailand Residence Complex · 13th floor · completed 2023

1318, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1318 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 370K11 February 2020
Current rentAED 36K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1318, Blue Wave Tower

What is 1318 worth today?

Last sold for AED 370,000 in 2020

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1 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 87 per sqft
11 Feb 2020Sold by developerOff-plan
AED 370,000AED 885 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
13th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,500 /yr
Last sold
AED 370K · February 2020
Building
Blue Wave Tower

About 1318, Blue Wave Tower

1318 is a studio of 418 sqft on the 13th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 11 February 2020 for AED 370,000, or AED 885 per sqft, in line with the AED 884 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 36,000 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1318 over time

Sales
Unit 1318, 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, February 2020: AED 370,000 (AED 885 per sqft)

1318 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1318, 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 44,500New contract, September 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 1318 sits

All 298 studios →

1318 last sold in February 2020 at AED 885 per sqft, in line with what studios in Blue Wave Tower were fetching at the time (AED 884). 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. 1318'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 13th floor

All 553 units in Blue Wave Tower
Value
1231StudioAED 399K · Mar 2022
1301StudioAED 434K · Oct 2021
1302StudioAED 443K · Aug 2022
1303StudioAED 436K · Oct 2021
1304StudioAED 435K · Mar 2023
1305StudioAED 349K · Mar 2023
1306StudioAED 310K · May 2023
1–7 of 31

1318, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 11 February 2020 for AED 370,000, or AED 885 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2020 price is 9.7%, before a service charge of about AED 6,500 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 1 September 2024.

Questions about 1318, Blue Wave Tower

What did unit 1318 last sell for?

AED 370,000 on 11 February 2020, sold by the developer: AED 885 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 1318?

AED 36,000 a year on the contract signed on 1 September 2024.

How big is unit 1318?

418 sqft (38.8 sqm): a studio on the 13th floor of a 19-storey tower completed in 2023.

What is unit 1318 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 1318, Blue Wave Tower

Starts from the last sale price (AED 370K, 11 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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