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Studio · 440 sqftBlue Wave Tower, Dubailand Residence Complex · 15th floor · completed 2023

1531, Blue Wave Tower

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

Unit 1531 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 399K11 February 2020
Current rentAED 43K /yr18 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1531, Blue Wave Tower

What is 1531 worth today?

Last sold for AED 399,000 in 2020

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18 Apr 2025RentedRenewal
AED 43,000/yr12 months · AED 98 per sqft
18 Apr 2024RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
11 Feb 2020Sold by developerOff-plan
AED 399,000AED 906 per sqft

Source: Dubai Land Department. Updated 18 April 2025.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
15th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,800 /yr
Last sold
AED 399K · February 2020
Building
Blue Wave Tower

About 1531, Blue Wave Tower

1531 is a studio of 440 sqft on the 15th 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 399,000, or AED 906 per sqft, in line with the AED 884 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 18 April 2025, is AED 43,000 a year: a gross yield of 10.8% on the 2020 price, before the service charge of about AED 6,800 a year.

Sales and rents for 1531 over time

Sales
Unit 1531, each saleTypical studio in Blue Wave Tower
400K450K2020202220242026Typical 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 399,000 (AED 906 per sqft)

1531 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1531, 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, April 2024: AED 40,000 a yearRenewal, April 2025: AED 43,000 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 1531 sits

All 298 studios →

1531 last sold in February 2020 at AED 906 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. 1531's AED 43,000 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 15th floor

All 553 units in Blue Wave Tower
Value
1502StudioAED 443K · Apr 2022
1503StudioAED 436K · Dec 2022
1504StudioAED 485K · Sep 2024
1505StudioAED 349K · Mar 2023
1506StudioAED 349K · Mar 2022
15071-bedAED 680K · Jun 2022
15081-bedNo registered sale
1–7 of 29

1531, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 11 February 2020 for AED 399,000, or AED 906 per sqft.
  • Rented since April 2024 on 2 Ejari contracts, from AED 40,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2020 price is 10.8%, before a service charge of about AED 6,800 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 April 2025.

Questions about 1531, Blue Wave Tower

What did unit 1531 last sell for?

AED 399,000 on 11 February 2020, sold by the developer: AED 906 per sqft for 440 sqft. It is the only registered sale of the unit.

What is the rent for unit 1531?

AED 43,000 a year on the contract renewed on 18 April 2025. The previous contract, from April 2024, was AED 40,000.

How big is unit 1531?

440 sqft (40.9 sqm): a studio on the 15th floor of a 19-storey tower completed in 2023.

What is unit 1531 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 1531, Blue Wave Tower

Starts from the last sale price (AED 399K, 11 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 399,000
Deposit, UAE resident (20%)
AED 79,800
Deposit, non-resident (40%)
AED 159,600
Monthly over 25 years at 3.7%
AED 1,632

Plus AED 19,668 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →