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Studio · 408 sqftWavez Residence, Liwan · 6th floor · completed 2022

A621, Wavez Residence

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

Unit A621 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 410K22 March 2023
Current rentAED 35K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A621, Wavez Residence

What is A621 worth today?

Last sold for AED 410,000 in 2023

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27 Nov 2024RentedRenewal
AED 35,000/yr12 months · AED 86 per sqft
22 Mar 2023SoldOff-plan
AED 410,000AED 1,006 per sqft
17 Feb 2020Sold by developerOff-plan
AED 340,000AED 834 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
6th of 10
Parking
P1-77
Developer
Danube Properties Development
Completed
2022
Last sold
AED 410K · March 2023
Building
Wavez Residence

About A621, Wavez Residence

A621 is a studio of 408 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 22 March 2023 for AED 410,000, or AED 1,006 per sqft, 14% above the AED 881 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 November 2024. The current contract, renewed on 27 November 2024, is AED 35,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for A621 over time

Sales
Unit A621, 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 340,000 (AED 834 per sqft)Sold, March 2023: AED 410,000 (AED 1,006 per sqft)

A621 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A621, each contractTypical studio in Wavez Residence
35K40K45K20232024202520262027Typical rent by year: 2023 AED 37,500; 2024 AED 38,500; 2025 AED 40,500; 2026 AED 45,000Renewal, November 2024: AED 35,000 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 A621 sits

All 328 studios →

A621 last sold in March 2023 at AED 1,006 per sqft, 14% above what studios in Wavez Residence were fetching at the time (AED 881). 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. A621's AED 35,000 is at the bottom 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

A621, Wavez Residence in numbers

  • Sold twice: first on 17 February 2020 for AED 340,000, last on 22 March 2023 for AED 410,000 (AED 1,006 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2023 price is 8.5%.
  • 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 27 November 2024.

Questions about A621, Wavez Residence

What did unit A621 last sell for?

AED 410,000 on 22 March 2023: AED 1,006 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 340,000 in February 2020.

What is the rent for unit A621?

AED 35,000 a year on the contract renewed on 27 November 2024.

How big is unit A621?

408 sqft (37.9 sqm): a studio on the 6th floor of a 10-storey tower completed in 2022.

What is unit A621 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 A621, Wavez Residence

Starts from the last sale price (AED 410K, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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