508, Waves Grande
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Waves Grande
What is 508 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,428 sqft
- Parking
- 1
- Developer
- Sobha
- Completed
- 2024
- Service charge
- AED 19,700 /yr
- Last sold
- AED 2.46M · August 2022
- Building
- Waves Grande
About 508, Waves Grande
508 is a two-bedroom apartment of 1,428 sqft of Waves Grande, a 35-storey tower in Sobha Hartland completed in 2024 by Sobha. The developer sold it on 2 August 2022 for AED 2,463,386, or AED 1,724 per sqft, in line with the AED 1,699 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 October 2024. The current contract, signed on 5 October 2024, is AED 166,071 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 19,700 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Waves Grande, and where 508 sits
All 102 2-beds →508 last sold in August 2022 at AED 1,724 per sqft, in line with what two-beds in Waves Grande were fetching at the time (AED 1,699). Over the last 12 months two-beds sold for AED 2,770,000 to 3,200,000, around AED 2,316 per sqft, and rent for AED 144,999 to 220,000 a year. 508's AED 166,071 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,328 sqft | 3,200,000 | 2,409 | ||
| 15 Jan 202615 January 2026 | 1,246 sqft | 2,770,000 | 2,223 | ||
| 16 Jul 202516 July 2025 | 1,392 sqft | 2,725,000 | 1,957 | ||
| 14 Jul 202514 July 2025 | 1,328 sqft | 3,000,000 | 2,258 |
Waves Grande
Building398 apartments, 1-bed to 4-bed over 35 floors in Sobha Hartland, completed in 2024 by Sobha. 8 sold in the last 12 months.
- Typical price per sqft
- AED 2,194
- Typical sale
- AED 2M
- Typical rent
- AED 120K /yr
- Typical yield
- 6.3%
508, Waves Grande in numbers
- Sold once: by Sobha on 2 August 2022 for AED 2,463,386, or AED 1,724 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 166,071 a year.
- At AED 166,071 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 19,700 a year (AED 13.77 per sqft).
- Two-beds in Waves Grande sold for AED 2,770,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,194 per sqft.
Source: Dubai Land Department. Updated 5 October 2024.
Questions about 508, Waves Grande
What did unit 508 last sell for?
AED 2,463,386 on 2 August 2022, sold by the developer: AED 1,724 per sqft for 1,428 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 166,071 a year on the contract signed on 5 October 2024.
How big is unit 508?
1,428 sqft (132.7 sqm): a two-bedroom apartment of a 35-storey tower completed in 2024.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Waves Grande sold for AED 2,770,000 to 3,200,000 in the last 12 months, around AED 2,316 per sqft.
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Mortgage on 508, Waves Grande
Starts from the last sale price (AED 2.46M, 2 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,463,386
- Deposit, UAE resident (20%)
- AED 492,677
- Deposit, non-resident (40%)
- AED 985,354
- Monthly over 25 years at 3.7%
- AED 10,078
Plus AED 108,472 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →