1-bed · 666 sqftWavez Residence, Liwan · 2nd floor · completed 2022

B203, Wavez Residence

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B203 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 597K25 August 2021
Current rentAED 51K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B203, Wavez Residence

What is B203 worth today?

Last sold for AED 596,550 in 2021

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1 Oct 2025RentedRenewal
AED 51,000/yr12 months · AED 77 per sqft
1 Oct 2024RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
25 Aug 2021Sold by developerOff-plan
AED 596,550AED 895 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
2nd of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 597K · August 2021

About B203, Wavez Residence

B203 is a one-bedroom apartment of 666 sqft on the 2nd floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 25 August 2021 for AED 596,550, or AED 895 per sqft, in line with the AED 894 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 51,000 a year: a gross yield of 8.6% on the 2021 price.

Sales and rents for B203 over time

Sales
Unit B203, each saleTypical one-bed in Wavez Residence
600K700K2019202120232025Typical sale price by year: 2019 AED 602,700; 2020 AED 605,500; 2021 AED 596,550; 2023 AED 652,680; 2024 AED 707,000Sold by developer, August 2021: AED 596,550 (AED 895 per sqft)

B203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B203, each contractTypical one-bed in Wavez Residence
50K53K55K202420252026Typical rent by year: 2024 AED 53,000; 2025 AED 55,000Renewal, October 2024: AED 50,000 a yearRenewal, October 2025: AED 51,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Wavez Residence, and where B203 sits

All 74 1-beds →

B203 last sold in August 2021 at AED 895 per sqft, in line with what one-beds in Wavez Residence were fetching at the time (AED 894). Over the last 12 months one-beds sold for AED 760,000 to 830,000, around AED 1,195 per sqft, and rent for AED 48,300 to 60,000 a year. B203's AED 51,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 2026760,000
14 Jan 2026800,000
28 Apr 2025765,000
16 Dec 2024705,000
3 1-bed 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 2nd floor

All 414 units in Wavez Residence
Value
A2011-bedAED 603K · Feb 2020
A2021-bedAED 615K · Feb 2020
A2031-bedAED 760K · Jan 2026
A2041-bedAED 573K · Nov 2019
A205StudioAED 363K · Nov 2019
A206StudioAED 525K · Jun 2025
A207StudioAED 380K · Mar 2023
1–7 of 41

B203, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 25 August 2021 for AED 596,550, or AED 895 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 50,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2021 price is 8.6%.
  • One-beds in Wavez Residence sold for AED 760,000–830,000 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 October 2025.

Questions about B203, Wavez Residence

What did unit B203 last sell for?

AED 596,550 on 25 August 2021, sold by the developer: AED 895 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit B203?

AED 51,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 50,000.

How big is unit B203?

666 sqft (61.9 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2022.

What is unit B203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wavez Residence sold for AED 760,000 to 830,000 in the last 12 months, around AED 1,195 per sqft.

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Mortgage on B203, Wavez Residence

Starts from the last sale price (AED 597K, 25 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 596,550
Deposit, UAE resident (20%)
AED 119,310
Deposit, non-resident (40%)
AED 238,620
Monthly over 25 years at 3.7%
AED 2,441

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