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1-bed · 666 sqftWavez Residence, Liwan · 5th floor · completed 2022

B502, Wavez Residence

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B502 · DLD and Ejari recordsUpdated 15 March 2020
Last soldAED 615K15 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B502, Wavez Residence

What is B502 worth today?

Last sold for AED 615,000 in 2020

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15 Mar 2020Sold by developerOff-plan
AED 615,000AED 923 per sqft

Source: Dubai Land Department. Updated 15 March 2020.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
5th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 615K · March 2020
Building
Wavez Residence

About B502, Wavez Residence

B502 is a one-bedroom apartment of 666 sqft on the 5th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. The developer sold it on 15 March 2020 for AED 615,000, or AED 923 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for B502 over time

Sales
Unit B502, 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, March 2020: AED 615,000 (AED 923 per sqft)

B502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B502, each contractTypical one-bed in Wavez Residence
53K54K55K202420252026Typical rent by year: 2024 AED 53,000; 2025 AED 55,000

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 B502 sits

All 74 1-beds →

B502 last sold in March 2020 at AED 923 per sqft, in line with what one-beds in Wavez Residence were fetching at the time (AED 904). 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.

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
8.1%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 5th floor

All 414 units in Wavez Residence
Value
A5011-bedAED 615K · Aug 2020
A5021-bedAED 600K · Mar 2020
A5031-bedAED 603K · Oct 2019
A5041-bedAED 730K · Mar 2024
A505StudioAED 379K · Dec 2019
A506AED 515K · Nov 2025
A507StudioAED 350K · Nov 2021
1–7 of 41

B502, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 15 March 2020 for AED 615,000, or AED 923 per sqft.
  • 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 15 March 2020.

Questions about B502, Wavez Residence

What did unit B502 last sell for?

AED 615,000 on 15 March 2020, sold by the developer: AED 923 per sqft for 666 sqft. It is the only registered sale of the unit.

How big is unit B502?

666 sqft (61.9 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.

What is unit B502 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 B502, Wavez Residence

Starts from the last sale price (AED 615K, 15 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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