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Studio · 405 sqftWavez Residence, Liwan · 8th floor · completed 2022

B809, Wavez Residence

Sold prices and rental history: sold 3 times, last in September 2024, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B809 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 455K20 September 2024
Current rentAED 44K /yr26 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B809, Wavez Residence

What is B809 worth today?

Last sold for AED 455,000 in 2024

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20 Sep 2024SoldReady
AED 455,000AED 1,123 per sqft
26 Jul 2024RentedNew contract
AED 43,882/yr12 months · AED 108 per sqft
28 Dec 2023SoldReady
AED 420,000AED 1,036 per sqft
16 Feb 2020Sold by developerOff-plan
AED 337,250AED 829 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
8th of 10
Parking
P2-98
Developer
Danube Properties Development
Completed
2022
Last sold
AED 455K · September 2024
Building
Wavez Residence

About B809, Wavez Residence

B809 is a studio of 405 sqft on the 8th floor of Wavez Residence, a 10-storey tower in Liwan completed in 2022 by Danube Properties Development. It last sold on 20 September 2024 for AED 455,000, or AED 1,123 per sqft, 8% above the AED 1,042 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 July 2024. The current contract, signed on 26 July 2024, is AED 43,882 a year: a gross yield of 9.6% on the 2024 price.

Sales and rents for B809 over time

Sales
Unit B809, 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 337,250 (AED 829 per sqft)Sold, December 2023: AED 420,000 (AED 1,036 per sqft)Sold, September 2024: AED 455,000 (AED 1,123 per sqft)

B809 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B809, 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, July 2024: AED 43,882 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 B809 sits

All 328 studios →

B809 last sold in September 2024 at AED 1,123 per sqft, 8% above what studios in Wavez Residence were fetching at the time (AED 1,042). 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. B809's AED 43,882 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 8th floor

All 414 units in Wavez Residence
Value
A8011-bedAED 600K · Mar 2020
A8021-bedAED 600K · Jun 2021
A8031-bedAED 600K · Jun 2021
A8041-bedAED 600K · Jun 2021
A805StudioAED 373K · Nov 2019
A806StudioAED 381K · Nov 2019
A807StudioAED 381K · Nov 2019
1–7 of 41

B809, Wavez Residence in numbers

  • Sold 3 times: first on 16 February 2020 for AED 337,250, last on 20 September 2024 for AED 455,000 (AED 1,123 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 43,882 a year.
  • At AED 43,882 a year the gross yield on the 2024 price is 9.6%.
  • 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 20 September 2024.

Questions about B809, Wavez Residence

What did unit B809 last sell for?

AED 455,000 on 20 September 2024: AED 1,123 per sqft for 405 sqft. The unit has 3 registered sales; the first was AED 337,250 in February 2020.

What is the rent for unit B809?

AED 43,882 a year on the contract signed on 26 July 2024.

How big is unit B809?

405 sqft (37.6 sqm): a studio on the 8th floor of a 10-storey tower completed in 2022.

What is unit B809 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 B809, Wavez Residence

Starts from the last sale price (AED 455K, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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