405, Blue Wave Tower
Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Blue Wave Tower
What is 405 worth today?
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Source: Dubai Land Department. Updated 7 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 378 sqft
- Floor
- 4th of 19
- Parking
- P3-14
- Developer
- Tiger Properties
- Completed
- 2023
- Service charge
- AED 5,900 /yr
- Last sold
- AED 390K · June 2024
- Building
- Blue Wave Tower
About 405, Blue Wave Tower
405 is a studio of 378 sqft on the 4th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. It last sold on 3 June 2024 for AED 390,000, or AED 1,032 per sqft, 21% above the AED 856 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 7 July 2025, is AED 41,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 5,900 a year.
Sales and rents for 405 over time
405 has sold 3 times; the dashed line is the studio median of each year in the building.
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 405 sits
All 298 studios →405 last sold in June 2024 at AED 1,032 per sqft, 21% above what studios in Blue Wave Tower were fetching at the time (AED 856). 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. 405's AED 41,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 470 sqft | 515,000 | 1,095 | ||
| 5 Feb 20265 February 2026 | 439 sqft | 530,000 | 1,206 | ||
| 21 Jan 202621 January 2026 | 413 sqft | 440,000 | 1,065 | ||
| 19 Jan 202619 January 2026 | 367 sqft | 450,000 | 1,227 |
Blue Wave Tower
Building553 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%
Other units on the 4th floor
All 553 units in Blue Wave Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 574 sqft | AED 450KAED 449,900 · Feb 2023February 2023 | 40,000 /yr | |
| 402 | 586 sqft | AED 525KAED 525,000 · Sep 2025September 2025 | 50,000 /yr | ||
| 403 | Studio | 575 sqft | AED 460KAED 459,834 · Nov 2022November 2022 | 45,000 /yr | |
| 404 | Studio | 571 sqft | AED 434KAED 433,651 · Oct 2021October 2021 | 48,000 /yr | |
| 406 | Studio | 408 sqft | AED 373KAED 373,000 · Mar 2024March 2024 | 45,000 /yr | |
| 407 | 1-bed | 849 sqft | No registered sale | 50,000 /yr | |
| 408 | 1-bed | 1,012 sqft | No registered sale | 50,000 /yr | |
| 409 | 1-bed | 657 sqft | AED 558KAED 558,383 · Mar 2022March 2022 | 52,000 /yr | |
| 410 | 1-bed | 808 sqft | AED 611KAED 610,515 · Jun 2023June 2023 | 65,000 /yr | |
| 411 | 1-bed | 979 sqft | AED 840KAED 840,000 · Dec 2025December 2025 | 85,533 /yr | |
| 412 | 1-bed | 1,134 sqft | No registered sale | 56,000 /yr | |
| 413 | 1-bed | 1,134 sqft | No registered sale | 60,000 /yr | |
| 414 | 1-bed | 979 sqft | AED 816KAED 815,905 · Jun 2023June 2023 | ||
| 415 | 1-bed | 832 sqft | AED 633KAED 632,522 · Feb 2022February 2022 | 65,000 /yr | |
| 416 | 470 sqft | AED 505KAED 505,000 · Nov 2025November 2025 | 40,500 /yr | ||
| 417 | 2-bed | 1,125 sqft | AED 1.09MAED 1,090,000 · Nov 2024November 2024 | ||
| 418 | 413 sqft | AED 400KAED 400,000 · Sep 2025September 2025 | 36,000 /yr | ||
| 419 | 550 sqft | AED 500KAED 500,000 · Sep 2025September 2025 | 38,000 /yr | ||
| 420 | 1-bed | 1,037 sqft | No registered sale | 55,000 /yr | |
| 421 | 382 sqft | AED 400KAED 400,000 · Sep 2025September 2025 | 36,000 /yr | ||
| 422 | Studio | 363 sqft | AED 363KAED 363,280 · Sep 2021September 2021 | 40,000 /yr | |
| 423 | 2-bed | 1,338 sqft | No registered sale | 70,000 /yr | |
| 424 | Studio | 455 sqft | AED 410KAED 410,000 · Mar 2024March 2024 | 43,000 /yr | |
| 425 | Studio | 537 sqft | AED 430KAED 429,781 · Mar 2022March 2022 | ||
| 426 | Studio | 579 sqft | AED 480KAED 480,000 · Jun 2024June 2024 | ||
| 427 | Studio | 585 sqft | AED 444KAED 444,287 · Mar 2022March 2022 | 48,000 /yr | |
| 428 | Studio | 574 sqft | AED 436KAED 435,860 · Sep 2021September 2021 | 43,000 /yr | |
| 429 | 1-bed | 836 sqft | AED 701KAED 700,543 · Jun 2023June 2023 | 60,000 /yr | |
| 430 | Studio | 613 sqft | AED 466KAED 465,965 · Dec 2022December 2022 | 38,500 /yr | |
| 431 | Studio | 439 sqft | AED 399KAED 399,000 · Oct 2020October 2020 | 39,000 /yr |
405, Blue Wave Tower in numbers
- Sold 3 times: first on 1 July 2020 for AED 349,000, last on 3 June 2024 for AED 390,000 (AED 1,032 per sqft).
- Rented since March 2024 on 3 Ejari contracts, from AED 38,000 to AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 5,900 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 7 July 2025.
Questions about 405, Blue Wave Tower
What did unit 405 last sell for?
AED 390,000 on 3 June 2024: AED 1,032 per sqft for 378 sqft. The unit has 3 registered sales; the first was AED 349,000 in July 2020.
What is the rent for unit 405?
AED 41,000 a year on the contract renewed on 7 July 2025. The previous contract, from July 2024, was AED 37,000; the unit has been rented since March 2024.
How big is unit 405?
378 sqft (35.1 sqm): a studio on the 4th floor of a 19-storey tower completed in 2023.
What is unit 405 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 405, Blue Wave Tower
Starts from the last sale price (AED 390K, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →