PropertyIndex

Wavez Residence

Completed · Q3 2022|434 units · 1 tower

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Wavez Residence is a completed apartment development by DANUBE PROPERTIES DEVELOPMENT L.L.C in Liwan 1, Wadi Al Safa 2, comprising 434 registered units. 578 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,211 per sqft. At AED 1,211 per sqft, Wavez Residence prices 4% below the Liwan 1 average of AED 1,265 per sqft on registered sales.

PIX© price · 7.1% YoY
569KAED
Typical
1,211AED
PSF
Gross yield
4.0%
PIX© rent ÷ PIX© price
Sale records
578
DLD · all time
Rent contracts
3,049
Ejari · all time
Wavez Residence

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
399 – 1,438 sqft
434569K1,2117.1%23K4.0%
Residential
Studio · Apartment
399 – 409 sqft
338
1 Bed · Apartment
665 – 669 sqft
76
Commercial
Office
Shop
432 – 1,438 sqft
20
Sales — Project-Wide578 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 · 69 sales
Floors 1-4 · 30 sales
Floors 5-10 · 39 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
3 Aug 2026Floor G9731,480,0001,521-6.5%Entry LevelStandard Sale
3 Aug 2026Floor G1,1111,698,7141,528-7.7%StandardStandard Sale
3 Aug 2026Floor G1,0811,581,8301,463-11.3%Entry LevelStandard Sale
Rentals — Project-Wide3,049 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 · 662 rentals
Floors 1-3 · 197 rentals
Floors 4-5 · 129 rentals
Floor 6 · 75 rentals
Floors 7-10 · 261 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 202640547,000116Premiumrenewal
22 Aug 202619,000Premiumrenewal
15 Aug 2026Floor 839946,000115+20.7%Standardnew

Comparables

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

Comparable projects in Liwan 1

The closest-priced registered projects in Liwan 1.

Common questions about Wavez Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Wavez Residence cost?

Property in Wavez Residence sells at a current PIX© price of AED 1,211 per sqft, or about AED 569,350 for a typical unit, based on 578 sales registered with the Dubai Land Department.

Is Wavez Residence completed?

Yes. Wavez Residence is recorded as completed in the Dubai Land Department project register (completed q3 2022).

Who is the developer of Wavez Residence?

Wavez Residence is developed by DANUBE PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Wavez Residence?

Wavez Residence yields 4.0% gross, calculated from current PIX© rent against current PIX© sale price, across 3,049 registered Ejari contracts.

How many units are in Wavez Residence?

Wavez Residence holds 434 registered units, per the Dubai Land Department unit register.

Have prices in Wavez Residence gone up or down?

Price per sqft has fallen -7.1% over the last 12 months, to AED 1,211, across 578 registered sales.