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Studio · 439 sqftBlue Wave Tower, Dubailand Residence Complex · 7th floor · completed 2023

731, Blue Wave Tower

Sold prices and rental history: sold once, by the developer in February 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 731 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 570K12 February 2024
Current rentAED 35K /yr17 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 731, Blue Wave Tower

What is 731 worth today?

Last sold for AED 570,000 in 2024

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12 Feb 2024Sold by developerReady
AED 570,000AED 1,297 per sqft
17 Aug 2023RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
Studio apartment
Size
439 sqft
Floor
7th of 19
Parking
P3-77
Developer
Tiger Properties
Completed
2023
Service charge
AED 6,800 /yr
Last sold
AED 570K · February 2024
Building
Blue Wave Tower

About 731, Blue Wave Tower

731 is a studio of 439 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 12 February 2024 for AED 570,000, or AED 1,297 per sqft, 61% above the AED 804 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 August 2023. The current contract, signed on 17 August 2023, is AED 35,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 6,800 a year.

Sales and rents for 731 over time

Sales
Unit 731, each saleTypical studio in Blue Wave Tower
400K500K600K2020202220242026Typical 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, February 2024: AED 570,000 (AED 1,297 per sqft)

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

Rents
Unit 731, 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, August 2023: AED 35,000 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 731 sits

All 298 studios →

731 last sold in February 2024 at AED 1,297 per sqft, 61% above what studios in Blue Wave Tower were fetching at the time (AED 804). 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. 731's AED 35,000 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

731, Blue Wave Tower in numbers

  • Sold once: by Tiger Properties on 12 February 2024 for AED 570,000, or AED 1,297 per sqft.
  • Rented since August 2023 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 6,800 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 12 February 2024.

Questions about 731, Blue Wave Tower

What did unit 731 last sell for?

AED 570,000 on 12 February 2024, sold by the developer: AED 1,297 per sqft for 439 sqft. It is the only registered sale of the unit.

What is the rent for unit 731?

AED 35,000 a year on the contract signed on 17 August 2023.

How big is unit 731?

439 sqft (40.8 sqm): a studio on the 7th floor of a 19-storey tower completed in 2023.

What is unit 731 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 731, Blue Wave Tower

Starts from the last sale price (AED 570K, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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