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Studio · 363 sqftBlue Wave Tower, Dubailand Residence Complex · 7th floor · completed 2023

722, Blue Wave Tower

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

Unit 722 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 349K30 January 2020
Current rentAED 33K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 722, Blue Wave Tower

What is 722 worth today?

Last sold for AED 349,000 in 2020

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15 Oct 2024RentedNew contract
AED 33,000/yr12 months · AED 90 per sqft
30 Jan 2020Sold by developerOff-plan
AED 349,000AED 960 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
Studio apartment
Size
363 sqft
Floor
7th of 19
Parking
1
Developer
Tiger Properties
Completed
2023
Service charge
AED 5,600 /yr
Last sold
AED 349K · January 2020
Building
Blue Wave Tower

About 722, Blue Wave Tower

722 is a studio of 363 sqft on the 7th floor of Blue Wave Tower, a 19-storey tower in Dubailand Residence Complex completed in 2023 by Tiger Properties. The developer sold it on 30 January 2020 for AED 349,000, or AED 960 per sqft, 6% above the AED 902 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2024. The current contract, signed on 15 October 2024, is AED 33,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 5,600 a year.

Sales and rents for 722 over time

Sales
Unit 722, 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, January 2020: AED 349,000 (AED 960 per sqft)

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

Rents
Unit 722, each contractTypical studio in Blue Wave Tower
40K20232024202520262027Typical rent by year: 2023 AED 36,000; 2024 AED 39,000; 2025 AED 42,000; 2026 AED 44,500New contract, October 2024: AED 33,000 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 722 sits

All 298 studios →

722 last sold in January 2020 at AED 960 per sqft, 6% above what studios in Blue Wave Tower were fetching at the time (AED 902). 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. 722's AED 33,000 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 7th floor

All 553 units in Blue Wave Tower
Value
701StudioAED 436K · Apr 2023
702StudioAED 443K · Feb 2022
704StudioAED 434K · Aug 2021
705StudioAED 349K · Dec 2019
706StudioAED 349K · Dec 2020
7071-bedNo registered sale
7081-bedNo registered sale
1–7 of 29

722, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 30 January 2020 for AED 349,000, or AED 960 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2020 price is 9.5%, 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 15 October 2024.

Questions about 722, Blue Wave Tower

What did unit 722 last sell for?

AED 349,000 on 30 January 2020, sold by the developer: AED 960 per sqft for 363 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 33,000 a year on the contract signed on 15 October 2024.

How big is unit 722?

363 sqft (33.7 sqm): a studio on the 7th floor of a 19-storey tower completed in 2023.

What is unit 722 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 722, Blue Wave Tower

Starts from the last sale price (AED 349K, 30 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 349,000
Deposit, UAE resident (20%)
AED 69,800
Deposit, non-resident (40%)
AED 139,600
Monthly over 25 years at 3.7%
AED 1,428

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