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204 sqftWavez Residence, Liwan · 5th floor · completed 2022

B511, Wavez Residence

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B511 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 323K16 February 2020
Current rentAED 40K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B511, Wavez Residence

What is B511 worth today?

Last sold for AED 322,825 in 2020

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1 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
16 Feb 2020Sold by developerOff-plan
AED 322,825AED 795 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Apartment
Size
204 sqft
Floor
5th of 10
Parking
P1-81
Developer
Danube Properties Development
Completed
2022
Last sold
AED 323K · February 2020
Building
Wavez Residence

About B511, Wavez Residence

B511 is an apartment of 204 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 16 February 2020 for AED 322,825, or AED 795 per sqft.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 40,000 a year: a gross yield of 12.4% on the 2020 price.

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

B511, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 16 February 2020 for AED 322,825, or AED 795 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 12.4%.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about B511, Wavez Residence

What did unit B511 last sell for?

AED 322,825 on 16 February 2020, sold by the developer: AED 795 per sqft for 204 sqft. It is the only registered sale of the unit.

What is the rent for unit B511?

AED 40,000 a year on the contract signed on 1 October 2024.

How big is unit B511?

204 sqft (19.0 sqm): an apartment on the 5th floor of a 10-storey tower completed in 2022.

What is unit B511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on B511, Wavez Residence

Starts from the last sale price (AED 323K, 16 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 322,825
Deposit, UAE resident (20%)
AED 64,565
Deposit, non-resident (40%)
AED 129,130
Monthly over 25 years at 3.7%
AED 1,321

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