Studio · 363 sqftBlue Wave Tower, Dubailand Residence Complex · 4th floor · completed 2023

422, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 363K22 September 2021
Current rentAED 40K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Blue Wave Tower

What is 422 worth today?

Last sold for AED 363,280 in 2021

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1 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
22 Sep 2021Sold by developerOff-plan
AED 363,280AED 999 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
Studio apartment
Size
363 sqft
Floor
4th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 5,600 /yr
Last sold
AED 363K · September 2021

About 422, Blue Wave Tower

422 is a studio of 363 sqft on the 4th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 22 September 2021 for AED 363,280, or AED 999 per sqft, 25% above the AED 799 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2025. The current contract, signed on 1 January 2025, is AED 40,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 5,600 a year.

Sales and rents for 422 over time

Sales
Unit 422, each saleTypical studio in Blue Wave Tower
400K500K2020202220242026Typical 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, September 2021: AED 363,280 (AED 999 per sqft)

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

Rents
Unit 422, 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, January 2025: AED 40,000 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 422 sits

All 298 studios →

422 last sold in September 2021 at AED 999 per sqft, 25% above what studios in Blue Wave Tower were fetching at the time (AED 799). 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. 422's AED 40,000 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 4th floor

All 553 units in Blue Wave Tower
Value
401StudioAED 450K · Feb 2023
402AED 525K · Sep 2025
403StudioAED 460K · Nov 2022
404StudioAED 434K · Oct 2021
405StudioAED 390K · Jun 2024
406StudioAED 373K · Mar 2024
4071-bedNo registered sale
1–7 of 30

422, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 22 September 2021 for AED 363,280, or AED 999 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 11.0%, before a service charge of about AED 5,600 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 1 January 2025.

Questions about 422, Blue Wave Tower

What did unit 422 last sell for?

AED 363,280 on 22 September 2021, sold by the developer: AED 999 per sqft for 363 sqft. It is the only registered sale of the unit.

What is the rent for unit 422?

AED 40,000 a year on the contract signed on 1 January 2025.

How big is unit 422?

363 sqft (33.7 sqm): a studio on the 4th floor of a 19-storey tower completed in 2023.

What is unit 422 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 422, Blue Wave Tower

Starts from the last sale price (AED 363K, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 363,280
Deposit, UAE resident (20%)
AED 72,656
Deposit, non-resident (40%)
AED 145,312
Monthly over 25 years at 3.7%
AED 1,486

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