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1-bed · 832 sqftBlue Wave Tower, Dubailand Residence Complex · 3rd floor · completed 2023

316, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 632K13 December 2021
Current rentAED 65K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Blue Wave Tower

What is 316 worth today?

Last sold for AED 632,030 in 2021

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5 Jun 2024RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
13 Dec 2021Sold by developerOff-plan
AED 632,030AED 759 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
3rd of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 12,900 /yr
Last sold
AED 632K · December 2021
Building
Blue Wave Tower

About 316, Blue Wave Tower

316 is a one-bedroom apartment of 832 sqft on the 3rd floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 13 December 2021 for AED 632,030, or AED 759 per sqft, in line with the AED 759 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2024. The current contract, signed on 5 June 2024, is AED 65,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 12,900 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, December 2021: AED 632,030 (AED 759 per sqft)

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

Rents
Unit 316, 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, June 2024: AED 65,000 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 316 sits

All 193 1-beds →

316 last sold in December 2021 at AED 759 per sqft, in line with what one-beds in Blue Wave Tower were fetching at the time (AED 759). 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. 316's AED 65,000 is in the upper 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 3rd floor

All 553 units in Blue Wave Tower
Value
301StudioAED 510K · Nov 2024
302StudioAED 443K · Oct 2021
303StudioAED 445K · Apr 2024
304StudioAED 435K · Dec 2023
305AED 430K · Jul 2025
306StudioAED 349K · Mar 2022
3071-bedNo registered sale
1–7 of 28

316, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 13 December 2021 for AED 632,030, or AED 759 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 12,900 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 5 June 2024.

Questions about 316, Blue Wave Tower

What did unit 316 last sell for?

AED 632,030 on 13 December 2021, sold by the developer: AED 759 per sqft for 832 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 65,000 a year on the contract signed on 5 June 2024.

How big is unit 316?

832 sqft (77.3 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2023.

What is unit 316 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 316, Blue Wave Tower

Starts from the last sale price (AED 632K, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 632,030
Deposit, UAE resident (20%)
AED 126,406
Deposit, non-resident (40%)
AED 252,812
Monthly over 25 years at 3.7%
AED 2,586

Plus AED 31,555 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →