PropertyIndex

Blue Wave

Completed · Q1 2023|601 units · 1 tower

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Blue Wave is a completed apartment development by TIGER PROPERTIES in Dubai Land Residence Complex, Wadi Al Safa 5, comprising 601 registered units. 569 sales are registered with the Dubai Land Department, at a current PIX© price of AED 925 per sqft. At AED 925 per sqft, Blue Wave prices 31% below the Dubai Land Residence Complex average of AED 1,344 per sqft on registered sales.

PIX© price · 6.0% YoY
633KAED
Typical
925AED
PSF
Gross yield
8.4%
PIX© rent ÷ PIX© price
Sale records
569
DLD · all time
Rent contracts
1,829
Ejari · all time
Blue Wave

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
288 – 15,315 sqft
601633K9256.0%53K8.4%
Residential
Studio · Apartment
288 – 803 sqft
328
1 Bed · Apartment
658 – 1,423 sqft
196
2 Bed · Apartment
1,121 – 1,338 sqft
34
Commercial
Office
880 – 2,180 sqft
18
Shop
8,680 – 15,315 sqft
2
Store
23
Sales — Project-Wide569 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 103 sales
Floors 1-13 · 68 sales
Floors 14-19 · 35 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
4 Aug 2026StudioFloor 9550455,000827+6.6%Entry LevelStandard Sale
3 Jul 2026StudioFloor 6586530,000905+19.7%StandardStandard Sale
25 Jun 20261 BedFloor 18849825,000971+21.4%StandardPayment Plan Sale
Rentals — Project-Wide1,829 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 781 rentals
Floors 1-3 · 91 rentals
Floors 4-11 · 345 rentals
Floors 12-19 · 345 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
20 Oct 20261 Bed83860,00072Entry Levelrenewal
25 Sep 2026Studio44045,000102Standardrenewal
9 Sep 20261 Bed1,13460,00053Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Land Residence Complex

The closest-priced registered projects in Dubai Land Residence Complex.

Common questions about Blue Wave

Answered from Dubai Land Department registered transactions.

How much does a property in Blue Wave cost?

Property in Blue Wave sells at a current PIX© price of AED 925 per sqft, or about AED 632,797 for a typical unit, based on 569 sales registered with the Dubai Land Department.

Is Blue Wave completed?

Yes. Blue Wave is recorded as completed in the Dubai Land Department project register (completed q1 2023).

Who is the developer of Blue Wave?

Blue Wave is developed by TIGER PROPERTIES, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Blue Wave?

Blue Wave yields 8.4% gross, calculated from current PIX© rent against current PIX© sale price, across 1,829 registered Ejari contracts.

How many units are in Blue Wave?

Blue Wave holds 601 registered units, per the Dubai Land Department unit register.

Have prices in Blue Wave gone up or down?

Price per sqft has fallen -6.0% over the last 12 months, to AED 925, across 569 registered sales.