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Studio · 407 sqftWavez Residence, Liwan · 10th floor · completed 2022

A1018, Wavez Residence

Sold prices and rental history: sold twice, last in December 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1018 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 390K28 December 2023
Current rentAED 38K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1018, Wavez Residence

What is A1018 worth today?

Last sold for AED 390,000 in 2023

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1 Mar 2025RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
1 Mar 2024RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
28 Dec 2023SoldReady
AED 390,000AED 958 per sqft
5 Feb 2020Sold by developerOff-plan
AED 333,200AED 821 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
10th of 10
Parking
P2-125
Developer
Danube Properties Development
Completed
2022
Last sold
AED 390K · December 2023
Building
Wavez Residence

About A1018, Wavez Residence

A1018 is a studio of 407 sqft on the 10th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 28 December 2023 for AED 390,000, or AED 958 per sqft, 5% above the AED 910 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 March 2025, is AED 38,000 a year: a gross yield of 9.7% on the 2023 price.

Sales and rents for A1018 over time

Sales
Unit A1018, each saleTypical studio in Wavez Residence
300K400K500K20192021202320252027Typical sale price by year: 2019 AED 351,750; 2020 AED 350,000; 2021 AED 350,000; 2022 AED 333,500; 2023 AED 370,000; 2024 AED 437,500; 2025 AED 512,500; 2026 AED 537,500Sold by developer, February 2020: AED 333,200 (AED 821 per sqft)Sold, December 2023: AED 390,000 (AED 958 per sqft)

A1018 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A1018, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 37,500; 2024 AED 38,500; 2025 AED 40,500; 2026 AED 45,000New contract, March 2024: AED 38,000 a yearNew contract, March 2025: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Wavez Residence, and where A1018 sits

All 328 studios →

A1018 last sold in December 2023 at AED 958 per sqft, 5% above what studios in Wavez Residence were fetching at the time (AED 910). Over the last 12 months studios sold for AED 500,000 to 639,999, around AED 1,293 per sqft, and rent for AED 35,000 to 54,320 a year. A1018's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 2026500,000
10 Feb 2026525,000
6 Feb 2026550,000
30 Jan 2026520,000
11 studio sales in the last 12 months

Wavez Residence

Building

414 apartments, studios to 1-bed over 10 floors in Liwan, completed in 2022 by Danube Properties Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,278 Up 6.2%
Typical sale
AED 540K
Typical rent
AED 44K /yr
Typical yield
8.1%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 10th floor

All 414 units in Wavez Residence
Value
A10011-bedAED 635K · Feb 2020
A10021-bedAED 690K · Jan 2024
A10031-bedAED 631K · Mar 2020
A10041-bedAED 631K · Mar 2020
A1005AED 397K · Sep 2025
A1006AED 515K · Nov 2025
A1007StudioAED 375K · Dec 2019
1–7 of 41

A1018, Wavez Residence in numbers

  • Sold twice: first on 5 February 2020 for AED 333,200, last on 28 December 2023 for AED 390,000 (AED 958 per sqft).
  • Rented since March 2024 on 2 Ejari contracts, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 9.7%.
  • Studios in Wavez Residence sold for AED 500,000–639,999 in the 12 months to November 2026; the building's median across all types is AED 1,278 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about A1018, Wavez Residence

What did unit A1018 last sell for?

AED 390,000 on 28 December 2023: AED 958 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 333,200 in February 2020.

What is the rent for unit A1018?

AED 38,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2024, was AED 38,000.

How big is unit A1018?

407 sqft (37.8 sqm): a studio on the 10th floor of a 10-storey tower completed in 2022.

What is unit A1018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Wavez Residence sold for AED 500,000 to 639,999 in the last 12 months, around AED 1,293 per sqft.

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Mortgage on A1018, Wavez Residence

Starts from the last sale price (AED 390K, 28 December 2023). 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 →