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1-bed · 849 sqftBlue Wave Tower, Dubailand Residence Complex · 5th floor · completed 2023

507, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 712K21 November 2022
Current rentAED 60K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Blue Wave Tower

What is 507 worth today?

Last sold for AED 711,521 in 2022

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25 May 2025RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
21 Nov 2022Sold by developerOff-plan
AED 711,521AED 835 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
5th of 19
Parking
B3-57
Developer
Tiger Properties
Completed
2023
Service charge
AED 13,200 /yr
Last sold
AED 712K · November 2022
Building
Blue Wave Tower

About 507, Blue Wave Tower

507 is a one-bedroom apartment of 849 sqft on the 5th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 21 November 2022 for AED 711,521, or AED 835 per sqft, 6% above the AED 791 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 May 2025. The current contract, renewed on 25 May 2025, is AED 60,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 13,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, November 2022: AED 711,521 (AED 835 per sqft)

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

Rents
Unit 507, 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, May 2025: AED 60,000 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 507 sits

All 193 1-beds →

507 last sold in November 2022 at AED 835 per sqft, 6% above what one-beds in Blue Wave Tower were fetching at the time (AED 791). 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. 507's AED 60,000 is in the lower 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 5th floor

All 553 units in Blue Wave Tower
Value
501StudioAED 436K · May 2023
502StudioAED 443K · Feb 2022
503StudioAED 437K · Mar 2022
504StudioAED 456K · Feb 2021
505StudioAED 349K · Oct 2023
506StudioAED 349K · May 2023
5081-bedNo registered sale
1–7 of 29

507, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 21 November 2022 for AED 711,521, or AED 835 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 8.4%, 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 25 May 2025.

Questions about 507, Blue Wave Tower

What did unit 507 last sell for?

AED 711,521 on 21 November 2022, sold by the developer: AED 835 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 60,000 a year on the contract renewed on 25 May 2025.

How big is unit 507?

849 sqft (78.9 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2023.

What is unit 507 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 507, Blue Wave Tower

Starts from the last sale price (AED 712K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 711,521
Deposit, UAE resident (20%)
AED 142,304
Deposit, non-resident (40%)
AED 284,608
Monthly over 25 years at 3.7%
AED 2,911

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