Studio · 407 sqftWavez Residence, Liwan · 2nd floor · completed 2022

B211, Wavez Residence

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

Unit B211 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 425K18 July 2024
Current rentAED 40K /yr6 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B211, Wavez Residence

What is B211 worth today?

Last sold for AED 425,000 in 2024

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18 Jul 2024SoldReady
AED 425,000AED 1,043 per sqft
6 Apr 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
16 Feb 2020Sold by developerOff-plan
AED 350,000AED 862 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
2nd of 10
Parking
P1-138
Developer
Danube Properties Development
Completed
2022
Last sold
AED 425K · July 2024

About B211, Wavez Residence

B211 is a studio of 407 sqft on the 2nd floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 18 July 2024 for AED 425,000, or AED 1,043 per sqft, 6% above the AED 987 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 April 2024. The current contract, signed on 6 April 2024, is AED 40,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for B211 over time

Sales
Unit B211, 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 350,000 (AED 862 per sqft)Sold, July 2024: AED 425,000 (AED 1,043 per sqft)

B211 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B211, 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, April 2024: AED 40,000 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 B211 sits

All 328 studios →

B211 last sold in July 2024 at AED 1,043 per sqft, 6% above what studios in Wavez Residence were fetching at the time (AED 987). 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. B211's AED 40,000 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
8.0%
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

B211, Wavez Residence in numbers

  • Sold twice: first on 16 February 2020 for AED 350,000, last on 18 July 2024 for AED 425,000 (AED 1,043 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 9.4%.
  • 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 18 July 2024.

Questions about B211, Wavez Residence

What did unit B211 last sell for?

AED 425,000 on 18 July 2024: AED 1,043 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 350,000 in February 2020.

What is the rent for unit B211?

AED 40,000 a year on the contract signed on 6 April 2024.

How big is unit B211?

407 sqft (37.8 sqm): a studio on the 2nd floor of a 10-storey tower completed in 2022.

What is unit B211 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 B211, Wavez Residence

Starts from the last sale price (AED 425K, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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