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Studio · 406 sqftWavez Residence, Liwan · 6th floor · completed 2022

B613, Wavez Residence

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

Unit B613 · DLD and Ejari recordsUpdated 9 August 2025
Last soldAED 350K16 February 2020
Current rentAED 40K /yr9 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B613, Wavez Residence

What is B613 worth today?

Last sold for AED 350,000 in 2020

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9 Aug 2025RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
9 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
12 Mar 2024RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
16 Feb 2020Sold by developerOff-plan
AED 350,000AED 862 per sqft

Source: Dubai Land Department. Updated 9 August 2025.

Key facts

Type
Studio apartment
Size
406 sqft
Floor
6th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 350K · February 2020
Building
Wavez Residence

About B613, Wavez Residence

B613 is a studio of 406 sqft on the 6th 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 350,000, or AED 862 per sqft, in line with the AED 862 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 9 August 2025, is AED 40,000 a year: a gross yield of 11.4% on the 2020 price.

Sales and rents for B613 over time

Sales
Unit B613, 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)

B613 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B613, 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, March 2024: AED 38,000 a yearNew contract, August 2024: AED 40,000 a yearRenewal, August 2025: 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 B613 sits

All 328 studios →

B613 last sold in February 2020 at AED 862 per sqft, in line with what studios in Wavez Residence were fetching at the time (AED 862). 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. B613'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
8.1%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 6th floor

All 414 units in Wavez Residence
Value
A6011-bedAED 585K · Feb 2020
A6021-bedAED 584K · Dec 2019
A6031-bedAED 588K · Jul 2021
A6041-bedAED 584K · Feb 2020
A605StudioAED 382K · Oct 2019
A606StudioAED 382K · Nov 2019
A607StudioAED 385K · Dec 2019
1–7 of 41

B613, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 16 February 2020 for AED 350,000, or AED 862 per sqft.
  • Rented since March 2024 on 3 Ejari contracts, from AED 38,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 11.4%.
  • 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 9 August 2025.

Questions about B613, Wavez Residence

What did unit B613 last sell for?

AED 350,000 on 16 February 2020, sold by the developer: AED 862 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit B613?

AED 40,000 a year on the contract renewed on 9 August 2025. The previous contract, from August 2024, was AED 40,000; the unit has been rented since March 2024.

How big is unit B613?

406 sqft (37.7 sqm): a studio on the 6th floor of a 10-storey tower completed in 2022.

What is unit B613 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 B613, Wavez Residence

Starts from the last sale price (AED 350K, 16 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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