PropertyIndex

Waves Tower

225 units · 1 tower

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Waves Tower is a development in Business Bay, comprising 225 registered units. 196 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,979 per sqft. At AED 1,979 per sqft, Waves Tower prices 25% below the Business Bay median of AED 2,648 per sqft on registered sales.

PIX© price · 1.1% YoY
1.69MAED
Typical
1,979AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
196
DLD · all time
Rent contracts
366
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 9

1 Bed on Floor 9, Waves Tower

Size
Record
Aug 2022 to Apr 2026
Owners
4
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 47 Apr 20265 mo
Current owner
Transferred without a registered sale
Sold with tenant in place
Mortgage
3Tenant 37 Jan 2026
Renewal
Owner 3
3Tenant 37 Jan 202512 mo
Owner 3
3Owner 329 Apr 202423 mo
Sold with tenant in place
2Tenant 231 Aug 202312 mo
Owner 2
1Tenant 11 Sep 202214 mo
Owner 2
2Owner 216 Aug 202220 mo
Mortgage
Owner 1 · UndisclosedAcquisition date and price not on record
PIX© Airbnb Calculator

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1 Bed · Floor 9 · Waves Tower
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Waves Tower

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
119 - 5,331 sqft
2251.69M1,9791.1%108K6.4%
Residential
Studio · Apartment
418 - 487 sqft
72
1 Bed · Apartment
830 - 1,020 sqft
72
2 Bed · Apartment
1,428 - 1,579 sqft
54
Commercial
Office
1,119 - 5,331 sqft
5-----
Shop
535 - 987 sqft
7----
Warehouse
119 - 331 sqft
15-----
Sales - Project-Wide196 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
18 Aug 20262 BedWaves Tower · Floor 61,4282,500,0001,750+29.8%StandardStandard Sale
7 Apr 20261 BedWaves Tower · Floor 99801,800,0001,838-StandardStandard Sale
25 Feb 2026StudioWaves Tower · Floor 124291,000,0002,330+4.1%StandardStandard Sale
Rentals - Project-Wide366 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
31 Aug 2026StudioWaves Tower · Floor 944250,000113-Entry LevelCERTIFICATE
28 Aug 2026StudioWaves Tower · Floor 244255,000125-StandardCONTRACT
15 Aug 20262 BedWaves Tower · Floor 121,433160,000112-PremiumCERTIFICATE

Comparables

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

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Common questions about Waves Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Waves Tower cost?

Property in Waves Tower sells at a current PIX© price of AED 1,979 per sqft, or about AED 1,687,702 for a typical unit, based on 196 sales registered with the Dubai Land Department.

What is the rental yield in Waves Tower?

Waves Tower yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 366 registered Ejari contracts.

How many units are in Waves Tower?

Waves Tower holds 225 registered units, per the Dubai Land Department unit register.

Have prices in Waves Tower gone up or down?

Price per sqft has fallen -1.1% over the last 12 months, to AED 1,979, across 196 registered sales.