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Studio · 407 sqftWavez Residence, Liwan · 1st floor · completed 2022

A115, Wavez Residence

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

Unit A115 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 365K31 August 2023
Current rentAED 39K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A115, Wavez Residence

What is A115 worth today?

Last sold for AED 365,000 in 2023

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1 Nov 2025RentedRenewal
AED 39,000/yr12 months · AED 95 per sqft
1 Nov 2024RentedRenewal
AED 38,000/yr12 months · AED 93 per sqft
31 Aug 2023SoldReady
AED 365,000AED 896 per sqft
11 Feb 2020Sold by developerOff-plan
AED 343,000AED 845 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
1st of 10
Parking
G-9
Developer
Danube Properties Development
Completed
2022
Last sold
AED 365K · August 2023
Building
Wavez Residence

About A115, Wavez Residence

A115 is a studio of 407 sqft on the 1st floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 31 August 2023 for AED 365,000, or AED 896 per sqft, in line with the AED 884 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 39,000 a year: a gross yield of 10.7% on the 2023 price.

Sales and rents for A115 over time

Sales
Unit A115, 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 343,000 (AED 845 per sqft)Sold, August 2023: AED 365,000 (AED 896 per sqft)

A115 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A115, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 37,500; 2024 AED 38,500; 2025 AED 40,500; 2026 AED 45,000Renewal, November 2024: AED 38,000 a yearRenewal, November 2025: AED 39,000 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 A115 sits

All 328 studios →

A115 last sold in August 2023 at AED 896 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 884). 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. A115's AED 39,000 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
8.0%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 1st floor

All 414 units in Wavez Residence
Value
A1011-bedAED 566K · Oct 2021
A1021-bedAED 566K · Sep 2021
A103StudioAED 349K · Feb 2020
A104StudioAED 367K · Feb 2020
A105StudioAED 400K · Nov 2023
A106StudioAED 410K · May 2024
A107StudioAED 332K · Nov 2019
1–7 of 35

A115, Wavez Residence in numbers

  • Sold twice: first on 11 February 2020 for AED 343,000, last on 31 August 2023 for AED 365,000 (AED 896 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, from AED 38,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2023 price is 10.7%.
  • 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 November 2025.

Questions about A115, Wavez Residence

What did unit A115 last sell for?

AED 365,000 on 31 August 2023: AED 896 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 343,000 in February 2020.

What is the rent for unit A115?

AED 39,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 38,000.

How big is unit A115?

407 sqft (37.8 sqm): a studio on the 1st floor of a 10-storey tower completed in 2022.

What is unit A115 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 A115, Wavez Residence

Starts from the last sale price (AED 365K, 31 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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