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1-bed · 849 sqftBlue Wave Tower, Dubailand Residence Complex · 16th floor · completed 2023

1607, Blue Wave Tower

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

Unit 1607 · DLD and Ejari recordsUpdated 22 June 2024
Last soldAED 680K9 June 2023
Current rentAED 47K /yr22 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1607, Blue Wave Tower

What is 1607 worth today?

Last sold for AED 679,848 in 2023

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22 Jun 2024RentedRenewal
AED 47,250/yr12 months · AED 56 per sqft
9 Jun 2023Sold by developerReady
AED 679,848AED 800 per sqft

Source: Dubai Land Department. Updated 22 June 2024.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
16th of 19
Parking
P1-28
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,200 /yr
Last sold
AED 680K · June 2023
Building
Blue Wave Tower

About 1607, Blue Wave Tower

1607 is a one-bedroom apartment of 849 sqft on the 16th 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 June 2023 for AED 679,848, or AED 800 per sqft, in line with the AED 797 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 June 2024. The current contract, renewed on 22 June 2024, is AED 47,250 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 13,200 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, June 2023: AED 679,848 (AED 800 per sqft)

1607 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, 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 62,500Renewal, June 2024: AED 47,250 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 1607 sits

All 193 1-beds →

1607 last sold in June 2023 at AED 800 per sqft, in line with what one-beds in Blue Wave Tower were fetching at the time (AED 797). 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. 1607's AED 47,250 is at the bottom 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 16th floor

All 553 units in Blue Wave Tower
Value
1601StudioAED 434K · Jul 2021
1602StudioAED 452K · Feb 2022
1603StudioAED 459K · Nov 2022
1604StudioAED 444K · Apr 2021
1605StudioAED 349K · Feb 2023
1606StudioAED 349K · Sep 2023
16081-bedNo registered sale
1–7 of 30

1607, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 9 June 2023 for AED 679,848, or AED 800 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 13,200 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 22 June 2024.

Questions about 1607, Blue Wave Tower

What did unit 1607 last sell for?

AED 679,848 on 9 June 2023, sold by the developer: AED 800 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit 1607?

AED 47,250 a year on the contract renewed on 22 June 2024.

How big is unit 1607?

849 sqft (78.9 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2023.

What is unit 1607 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 1607, Blue Wave Tower

Starts from the last sale price (AED 680K, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 679,848
Deposit, UAE resident (20%)
AED 135,970
Deposit, non-resident (40%)
AED 271,939
Monthly over 25 years at 3.7%
AED 2,781

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