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Studio · 407 sqftWavez Residence, Liwan · 6th floor · completed 2022

A612, Wavez Residence

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

Unit A612 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 481K28 May 2024
Current rentAED 44K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A612, Wavez Residence

What is A612 worth today?

Last sold for AED 481,180 in 2024

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1 Aug 2025RentedRenewal
AED 44,000/yr12 months · AED 108 per sqft
1 Aug 2024RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
28 May 2024SoldReady
AED 481,180AED 1,181 per sqft
10 Feb 2020Sold by developerOff-plan
AED 342,020AED 843 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
6th of 10
Parking
P1-24
Developer
Danube Properties Development
Completed
2022
Last sold
AED 481K · May 2024
Building
Wavez Residence

About A612, Wavez Residence

A612 is a studio of 407 sqft on the 6th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 28 May 2024 for AED 481,180, or AED 1,181 per sqft, 23% above the AED 958 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 August 2025, is AED 44,000 a year: a gross yield of 9.1% on the 2024 price.

Sales and rents for A612 over time

Sales
Unit A612, 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 342,020 (AED 843 per sqft)Sold, May 2024: AED 481,180 (AED 1,181 per sqft)

A612 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A612, 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, August 2024: AED 44,000 a yearRenewal, August 2025: AED 44,000 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 A612 sits

All 328 studios →

A612 last sold in May 2024 at AED 1,181 per sqft, 23% above what studios in Wavez Residence were fetching at the time (AED 958). 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. A612's AED 44,000 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 6th floor

All 414 units in Wavez Residence
Value
A6011-bedAED 585K · Feb 2020
A6021-bedAED 584K · Dec 2019
A6031-bedAED 588K · Jul 2021
A6041-bedAED 584K · Feb 2020
A605StudioAED 382K · Oct 2019
A606StudioAED 382K · Nov 2019
A607StudioAED 385K · Dec 2019
1–7 of 41

A612, Wavez Residence in numbers

  • Sold twice: first on 10 February 2020 for AED 342,020, last on 28 May 2024 for AED 481,180 (AED 1,181 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 9.1%.
  • 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 August 2025.

Questions about A612, Wavez Residence

What did unit A612 last sell for?

AED 481,180 on 28 May 2024: AED 1,181 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 342,020 in February 2020.

What is the rent for unit A612?

AED 44,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 44,000.

How big is unit A612?

407 sqft (37.8 sqm): a studio on the 6th floor of a 10-storey tower completed in 2022.

What is unit A612 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 A612, Wavez Residence

Starts from the last sale price (AED 481K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 481,180
Deposit, UAE resident (20%)
AED 96,236
Deposit, non-resident (40%)
AED 192,472
Monthly over 25 years at 3.7%
AED 1,969

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