Studio · 403 sqftWavez Residence, Liwan · 2nd floor · completed 2022

B205, Wavez Residence

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

Unit B205 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 372K12 November 2019
Current rentAED 45K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B205, Wavez Residence

What is B205 worth today?

Last sold for AED 372,400 in 2019

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14 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
12 Nov 2019Sold by developerOff-plan
AED 372,400AED 925 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
2nd of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 372K · November 2019

About B205, Wavez Residence

B205 is a studio of 403 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 12 November 2019 for AED 372,400, or AED 925 per sqft, 6% above the AED 871 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 October 2024. The current contract, signed on 14 October 2024, is AED 45,000 a year: a gross yield of 12.1% on the 2019 price.

Sales and rents for B205 over time

Sales
Unit B205, 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, November 2019: AED 372,400 (AED 925 per sqft)

B205 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B205, 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, October 2024: AED 45,000 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 B205 sits

All 328 studios →

B205 last sold in November 2019 at AED 925 per sqft, 6% above what studios in Wavez Residence were fetching at the time (AED 871). 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. B205's AED 45,000 is in the upper 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 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

B205, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 12 November 2019 for AED 372,400, or AED 925 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 12.1%.
  • 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 14 October 2024.

Questions about B205, Wavez Residence

What did unit B205 last sell for?

AED 372,400 on 12 November 2019, sold by the developer: AED 925 per sqft for 403 sqft. It is the only registered sale of the unit.

What is the rent for unit B205?

AED 45,000 a year on the contract signed on 14 October 2024.

How big is unit B205?

403 sqft (37.4 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2022.

What is unit B205 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 B205, Wavez Residence

Starts from the last sale price (AED 372K, 12 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 372,400
Deposit, UAE resident (20%)
AED 74,480
Deposit, non-resident (40%)
AED 148,960
Monthly over 25 years at 3.7%
AED 1,524

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