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Studio · 402 sqftWavez Residence, Liwan · 7th floor · completed 2022

A706, Wavez Residence

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A706 · DLD and Ejari recordsUpdated 3 November 2024
Last soldAED 385K13 October 2019
Current rentAED 34K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A706, Wavez Residence

What is A706 worth today?

Last sold for AED 385,000 in 2019

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3 Nov 2024RentedRenewal
AED 34,000/yr12 months · AED 84 per sqft
13 Oct 2019Sold by developerOff-plan
AED 385,000AED 958 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
7th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 385K · October 2019
Building
Wavez Residence

About A706, Wavez Residence

A706 is a studio of 402 sqft on the 7th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 13 October 2019 for AED 385,000, or AED 958 per sqft, 11% above the AED 860 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 November 2024. The current contract, renewed on 3 November 2024, is AED 34,000 a year: a gross yield of 8.8% on the 2019 price.

Sales and rents for A706 over time

Sales
Unit A706, 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, October 2019: AED 385,000 (AED 958 per sqft)

A706 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A706, 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 34,000 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 A706 sits

All 328 studios →

A706 last sold in October 2019 at AED 958 per sqft, 11% above what studios in Wavez Residence were fetching at the time (AED 860). 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. A706's AED 34,000 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
8.0%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 7th floor

All 414 units in Wavez Residence
Value
A7011-bedAED 615K · Nov 2023
A702AED 830K · Dec 2025
A7031-bedAED 606K · Aug 2021
A7041-bedAED 698K · Sep 2024
A705StudioAED 376K · Feb 2020
A707StudioAED 385K · Oct 2019
A708StudioAED 378K · Oct 2019
1–7 of 41

A706, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 13 October 2019 for AED 385,000, or AED 958 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2019 price is 8.8%.
  • 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 3 November 2024.

Questions about A706, Wavez Residence

What did unit A706 last sell for?

AED 385,000 on 13 October 2019, sold by the developer: AED 958 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit A706?

AED 34,000 a year on the contract renewed on 3 November 2024.

How big is unit A706?

402 sqft (37.3 sqm): a studio on the 7th floor of a 10-storey tower completed in 2022.

What is unit A706 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 A706, Wavez Residence

Starts from the last sale price (AED 385K, 13 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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