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Studio · 550 sqftBlue Wave Tower, Dubailand Residence Complex · 3rd floor · completed 2023

320, Blue Wave Tower

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

Unit 320 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 431K11 November 2020
Current rentAED 53K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 320, Blue Wave Tower

What is 320 worth today?

Last sold for AED 431,481 in 2020

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20 Feb 2025RentedNew contract
AED 53,000/yr12 months · AED 97 per sqft
16 Dec 2024RentedNew contract
AED 53,000/yr12 months · AED 97 per sqft
28 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
11 Nov 2020Sold by developerOff-plan
AED 431,481AED 783 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
Studio apartment
Size
550 sqft
Floor
3rd of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 8,600 /yr
Last sold
AED 431K · November 2020
Building
Blue Wave Tower

About 320, Blue Wave Tower

320 is a studio of 550 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 11 November 2020 for AED 431,481, or AED 783 per sqft, 11% below the AED 883 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 20 February 2025, is AED 53,000 a year: a gross yield of 12.3% on the 2020 price, before the service charge of about AED 8,600 a year.

Sales and rents for 320 over time

Sales
Unit 320, 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, November 2020: AED 431,481 (AED 783 per sqft)

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

Rents
Unit 320, each contractTypical studio in Blue Wave Tower
40K60K20232024202520262027Typical rent by year: 2023 AED 36,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 44,500New contract, September 2024: AED 60,000 a yearNew contract, December 2024: AED 53,000 a yearNew contract, February 2025: AED 53,000 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 320 sits

All 298 studios →

320 last sold in November 2020 at AED 783 per sqft, 11% below what studios in Blue Wave Tower were fetching at the time (AED 883). 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. 320's AED 53,000 is in the upper 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 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

320, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 11 November 2020 for AED 431,481, or AED 783 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, from AED 60,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2020 price is 12.3%, before a service charge of about AED 8,600 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 20 February 2025.

Questions about 320, Blue Wave Tower

What did unit 320 last sell for?

AED 431,481 on 11 November 2020, sold by the developer: AED 783 per sqft for 550 sqft. It is the only registered sale of the unit.

What is the rent for unit 320?

AED 53,000 a year on the contract signed on 20 February 2025. The previous contract, from December 2024, was AED 53,000; the unit has been rented since September 2024.

How big is unit 320?

550 sqft (51.1 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2023.

What is unit 320 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 320, Blue Wave Tower

Starts from the last sale price (AED 431K, 11 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 431,481
Deposit, UAE resident (20%)
AED 86,296
Deposit, non-resident (40%)
AED 172,592
Monthly over 25 years at 3.7%
AED 1,765

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