Studio · 407 sqftWavez Residence, Liwan · 5th floor · completed 2022

B513, Wavez Residence

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

Unit B513 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 480K8 October 2024
Current rentAED 43K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B513, Wavez Residence

What is B513 worth today?

Last sold for AED 480,000 in 2024

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1 Dec 2025RentedRenewal
AED 43,000/yr12 months · AED 105 per sqft
1 Dec 2025RentedRenewal
AED 39,000/yr12 months · AED 95 per sqft
1 Dec 2024RentedNew contract
AED 43,000/yr12 months · AED 105 per sqft
8 Oct 2024SoldReady
AED 480,000AED 1,178 per sqft
16 Feb 2020Sold by developerOff-plan
AED 332,500AED 819 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
5th of 10
Parking
P1-39
Developer
Danube Properties Development
Completed
2022
Last sold
AED 480K · October 2024

About B513, Wavez Residence

B513 is a studio of 407 sqft on the 5th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 8 October 2024 for AED 480,000, or AED 1,178 per sqft, 12% above the AED 1,049 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 43,000 a year: a gross yield of 9.0% on the 2024 price.

Sales and rents for B513 over time

Sales
Unit B513, 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 332,500 (AED 819 per sqft)Sold, October 2024: AED 480,000 (AED 1,178 per sqft)

B513 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B513, 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, December 2024: AED 43,000 a yearRenewal, December 2025: AED 43,000 a yearRenewal, December 2025: AED 39,000 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 B513 sits

All 328 studios →

B513 last sold in October 2024 at AED 1,178 per sqft, 12% above what studios in Wavez Residence were fetching at the time (AED 1,049). 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. B513's AED 43,000 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
8.1%
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

B513, Wavez Residence in numbers

  • Sold twice: first on 16 February 2020 for AED 332,500, last on 8 October 2024 for AED 480,000 (AED 1,178 per sqft).
  • Rented since December 2024 on 3 Ejari contracts, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 9.0%.
  • 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 1 December 2025.

Questions about B513, Wavez Residence

What did unit B513 last sell for?

AED 480,000 on 8 October 2024: AED 1,178 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 332,500 in February 2020.

What is the rent for unit B513?

AED 43,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 39,000; the unit has been rented since December 2024.

How big is unit B513?

407 sqft (37.8 sqm): a studio on the 5th floor of a 10-storey tower completed in 2022.

What is unit B513 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 B513, Wavez Residence

Starts from the last sale price (AED 480K, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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