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Studio · 406 sqftBlue Wave Tower, Dubailand Residence Complex · 14th floor · completed 2023

1406, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 349K24 March 2022
Current rentAED 37K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Blue Wave Tower

What is 1406 worth today?

Last sold for AED 349,000 in 2022

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1 Jun 2023RentedNew contract
AED 37,000/yr12 months · AED 90 per sqft
24 Mar 2022Sold by developerOff-plan
AED 349,000AED 859 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
14th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,300 /yr
Last sold
AED 349K · March 2022
Building
Blue Wave Tower

About 1406, Blue Wave Tower

1406 is a studio of 406 sqft on the 14th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 24 March 2022 for AED 349,000, or AED 859 per sqft, 11% above the AED 775 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 37,000 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, March 2022: AED 349,000 (AED 859 per sqft)

1406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, June 2023: AED 37,000 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 1406 sits

All 298 studios →

1406 last sold in March 2022 at AED 859 per sqft, 11% above what studios in Blue Wave Tower were fetching at the time (AED 775). 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. 1406's AED 37,000 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 14th floor

All 553 units in Blue Wave Tower
Value
1401StudioAED 457K · Oct 2022
1402StudioAED 443K · Apr 2021
1403StudioAED 436K · May 2021
1405AED 349K · May 2023
14071-bedNo registered sale
14081-bedNo registered sale
14091-bedAED 558K · Apr 2023
1–7 of 29

1406, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 24 March 2022 for AED 349,000, or AED 859 per sqft.
  • Rented since June 2023 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2022 price is 10.6%, before a service charge of about AED 6,300 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 June 2023.

Questions about 1406, Blue Wave Tower

What did unit 1406 last sell for?

AED 349,000 on 24 March 2022, sold by the developer: AED 859 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 37,000 a year on the contract signed on 1 June 2023.

How big is unit 1406?

406 sqft (37.7 sqm): a studio on the 14th floor of a 19-storey tower completed in 2023.

What is unit 1406 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 1406, Blue Wave Tower

Starts from the last sale price (AED 349K, 24 March 2022). 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 AED 17,568 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →