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1-bed · 668 sqftWavez Residence, Liwan · 7th floor · completed 2022

B701, Wavez Residence

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

Unit B701 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 594K16 February 2020
Current rentAED 64K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B701, Wavez Residence

What is B701 worth today?

Last sold for AED 593,750 in 2020

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1 Nov 2024RentedNew contract
AED 64,000/yr12 months · AED 96 per sqft
16 Feb 2020Sold by developerOff-plan
AED 593,750AED 888 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
7th of 10
Parking
1
Developer
Danube Properties Development
Completed
2022
Last sold
AED 594K · February 2020
Building
Wavez Residence

About B701, Wavez Residence

B701 is a one-bedroom apartment of 668 sqft on the 7th 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 593,750, or AED 888 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 64,000 a year: a gross yield of 10.8% on the 2020 price.

Sales and rents for B701 over time

Sales
Unit B701, 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, February 2020: AED 593,750 (AED 888 per sqft)

B701 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B701, each contractTypical one-bed in Wavez Residence
55K60K65K202420252026Typical rent by year: 2024 AED 53,000; 2025 AED 55,000New contract, November 2024: AED 64,000 a year

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 B701 sits

All 74 1-beds →

B701 last sold in February 2020 at AED 888 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. B701's AED 64,000 is at the top of that range.

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
8.0%
Wavez Residence, Liwan: prices, sales and rents →

Other units on the 7th floor

All 414 units in Wavez Residence
Value
A7011-bedAED 615K · Nov 2023
A702AED 830K · Dec 2025
A7031-bedAED 606K · Aug 2021
A7041-bedAED 698K · Sep 2024
A705StudioAED 376K · Feb 2020
A706StudioAED 385K · Oct 2019
A707StudioAED 385K · Oct 2019
1–7 of 41

B701, Wavez Residence in numbers

  • Sold once: by Danube Properties Development on 16 February 2020 for AED 593,750, or AED 888 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2020 price is 10.8%.
  • 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 1 November 2024.

Questions about B701, Wavez Residence

What did unit B701 last sell for?

AED 593,750 on 16 February 2020, sold by the developer: AED 888 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit B701?

AED 64,000 a year on the contract signed on 1 November 2024.

How big is unit B701?

668 sqft (62.1 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2022.

What is unit B701 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 B701, Wavez Residence

Starts from the last sale price (AED 594K, 16 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 593,750
Deposit, UAE resident (20%)
AED 118,750
Deposit, non-resident (40%)
AED 237,500
Monthly over 25 years at 3.7%
AED 2,429

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