PropertyIndex

Waves Grande

Completed · Q4 2023|453 units · 1 tower

Alerts: Get notified of every new DLD-registered sale and rental contract.

Waves Grande is a completed apartment development by SOBHA L.L.C in Sobha Hartland, Al Merkadh, comprising 453 registered units. 699 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,976 per sqft. At AED 1,976 per sqft, Waves Grande prices 9% below the Sobha Hartland average of AED 2,160 per sqft on registered sales.

PIX© price · 6.7% YoY
2.13MAED
Typical
1,976AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
699
DLD · all time
Rent contracts
750
Ejari · all time
Waves Grande

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
75 – 2,680 sqft
4532.13M1,9766.7%134K6.3%
Residential
1 Bed · Apartment
693 – 1,185 sqft
306
2 Bed · Apartment
1,179 – 1,884 sqft
106
3 Bed · Apartment
1,914 – 1,951 sqft
7
4 Bed · Apartment
2,679 – 2,680 sqft
13
Commercial
Shop
920 – 2,417 sqft
8
Store
75 – 81 sqft
13
Sales — Project-Wide699 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
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
31 Jul 20261 BedSobha Hartland Waves Grande · Floor 119121,790,0001,963+16.8%Entry LevelStandard Sale
16 Jul 20262 BedSobha Hartland Waves Grande · Floor P21,4102,500,0001,773+3.1%Entry LevelStandard Sale
10 Jul 20261 BedSobha Hartland Waves Grande · Floor 359101,750,0001,924+12.9%Entry LevelStandard Sale
Rentals — Project-Wide750 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Oct 20261 BedSobha Hartland Waves Grande · Floor 31910120,000132+14.3%Standardrenewal
22 Aug 20261 Bed91085,00093Entry Levelnew
17 Aug 20262 BedSobha Hartland Waves Grande · Floor 211,328177,0001330.0%Premiumrenewal

Comparables

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

Comparable projects in Sobha Hartland

The closest-priced registered projects in Sobha Hartland.

Common questions about Waves Grande

Answered from Dubai Land Department registered transactions.

How much does a property in Waves Grande cost?

Property in Waves Grande sells at a current PIX© price of AED 1,976 per sqft, or about AED 2,128,604 for a typical unit, based on 699 sales registered with the Dubai Land Department.

Is Waves Grande completed?

Yes. Waves Grande is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Waves Grande?

Waves Grande is developed by SOBHA L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Waves Grande?

Waves Grande yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 750 registered Ejari contracts.

How many units are in Waves Grande?

Waves Grande holds 453 registered units, per the Dubai Land Department unit register.

Have prices in Waves Grande gone up or down?

Price per sqft has fallen -6.7% over the last 12 months, to AED 1,976, across 699 registered sales.