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Studio · 403 sqftWavez Residence, Liwan · 5th floor · completed 2022

A505, Wavez Residence

Sold prices and rental history: sold once, by the developer in December 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A505 · DLD and Ejari recordsUpdated 15 December 2019
Last soldAED 379K15 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A505, Wavez Residence

What is A505 worth today?

Last sold for AED 379,000 in 2019

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15 Dec 2019Sold by developerOff-plan
AED 379,000AED 941 per sqft

Source: Dubai Land Department. Updated 15 December 2019.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
5th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 379K · December 2019
Building
Wavez Residence

About A505, Wavez Residence

A505 is a studio of 403 sqft on the 5th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 15 December 2019 for AED 379,000, or AED 941 per sqft, 9% above the AED 862 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for A505 over time

Sales
Unit A505, 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, December 2019: AED 379,000 (AED 941 per sqft)

A505 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A505, each contractTypical studio in Wavez Residence
40K45K20232024202520262027Typical rent by year: 2023 AED 37,500; 2024 AED 38,500; 2025 AED 40,500; 2026 AED 45,000

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 A505 sits

All 328 studios →

A505 last sold in December 2019 at AED 941 per sqft, 9% above what studios in Wavez Residence were fetching at the time (AED 862). 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.

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 5th floor

All 414 units in Wavez Residence
Value
A5011-bedAED 615K · Aug 2020
A5021-bedAED 600K · Mar 2020
A5031-bedAED 603K · Oct 2019
A5041-bedAED 730K · Mar 2024
A506AED 515K · Nov 2025
A507StudioAED 350K · Nov 2021
A508StudioAED 382K · Feb 2020
1–7 of 41

A505, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 15 December 2019 for AED 379,000, or AED 941 per sqft.
  • 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 15 December 2019.

Questions about A505, Wavez Residence

What did unit A505 last sell for?

AED 379,000 on 15 December 2019, sold by the developer: AED 941 per sqft for 403 sqft. It is the only registered sale of the unit.

How big is unit A505?

403 sqft (37.4 sqm): a studio on the 5th floor of a 10-storey tower completed in 2022.

What is unit A505 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 A505, Wavez Residence

Starts from the last sale price (AED 379K, 15 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 379,000
Deposit, UAE resident (20%)
AED 75,800
Deposit, non-resident (40%)
AED 151,600
Monthly over 25 years at 3.7%
AED 1,551

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