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

A506, Wavez Residence

Sold prices and rental history: sold 3 times, last in November 2025, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A506 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 515K18 November 2025
Current rentAED 42K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A506, Wavez Residence

What is A506 worth today?

Last sold for AED 515,000 in 2025

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18 Nov 2025SoldReady
AED 515,000AED 1,277 per sqft
29 Nov 2024RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
16 Aug 2023SoldReady
AED 360,000AED 893 per sqft
11 Feb 2020Sold by developerOff-plan
AED 355,000AED 883 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
Apartment
Size
403 sqft
Floor
5th of 10
Parking
P1-61
Developer
Danube Properties Development
Completed
2022
Last sold
AED 515K · November 2025
Building
Wavez Residence

About A506, Wavez Residence

A506 is an apartment of 403 sqft on the 5th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 18 November 2025 for AED 515,000, or AED 1,277 per sqft.

One Ejari contract is registered, from 29 November 2024. The current contract, signed on 29 November 2024, is AED 42,000 a year: a gross yield of 8.2% on the 2025 price.

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
A505StudioAED 379K · Dec 2019
A507StudioAED 350K · Nov 2021
A508StudioAED 382K · Feb 2020
1–7 of 41

A506, Wavez Residence in numbers

  • Sold 3 times: first on 11 February 2020 for AED 355,000, last on 18 November 2025 for AED 515,000 (AED 1,277 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 8.2%.

Source: Dubai Land Department. Updated 18 November 2025.

Questions about A506, Wavez Residence

What did unit A506 last sell for?

AED 515,000 on 18 November 2025: AED 1,277 per sqft for 403 sqft. The unit has 3 registered sales; the first was AED 355,000 in February 2020.

What is the rent for unit A506?

AED 42,000 a year on the contract signed on 29 November 2024.

How big is unit A506?

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

What is unit A506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A506, Wavez Residence

Starts from the last sale price (AED 515K, 18 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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