Waves Grande

Completed|466 units · 1 tower

Waves Grande is a completed development by SOBHA REALTY in Mohammed Bin Rashid City, comprising 466 registered units. 698 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,948 per sqft. At AED 1,948 per sqft, Waves Grande prices 3% below the Mohammed Bin Rashid City median of AED 1,999 per sqft on registered sales.

PIX© price · ↓13.6% YoY

2.12MAED

Typical

1,948AED

PSF

Gross yield

6.9%

PIX© rent ÷ PIX© price

Sale records

698

DLD · all time

Rent contracts

773

Ejari · all time

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai16 min · 9.7 km

DXB Airport17 min · 14.5 km

DIFC20 min · 12.1 km

Dubai Marina30 min · 28.5 km

Palm Jumeirah30 min · 30.8 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station4.9 km

MallSobha Mall0.9 km

SchoolMaple Bear Nursery Sobha Hartland

HospitalDermaPlus Clinic (عيادة ديرما بلس)0.3 km

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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 23

…

2 Bed on Floor 23, Waves Grande

Size
Record: Oct 2022 to Jun 2026
Owners: 4
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	16 Jun 2026		Owner 4
4Owner 4	30 Mar 2026	6 mo	Current owner Mortgage
1Tenant 1	28 Oct 2024	12 mo	Owner 3
3Owner 3	16 Sep 2024	18 mo
2Owner 2	16 Feb 2024	7 mo
1Owner 1	31 Oct 2022	16 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 23 · Waves Grande

Nightly rateAED

Occupancy (237 nights)

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Waves Grande1,948AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 75 - 2,680 sqft	466	2.12M	1,948	↓13.6%		146K	6.9%
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	-	-	-		-	-
Warehouse 75 - 81 sqft	26	-	-	-	-	-	-

Sales - Project-Wide698 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
31 Jul 2026	1 Bed	Waves Grande · Floor 11	912	1,790,000	1,963	+16.8%	Entry Level	Standard Sale
16 Jul 2026	2 Bed	Waves Grande · Floor P2	1,410	2,500,000	1,773	+3.1%	Entry Level	Standard Sale
10 Jul 2026	1 Bed	Waves Grande · Floor 35	910	1,750,000	1,924	+12.9%	Entry Level	Standard Sale

Rentals - Project-Wide773 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
5 Oct 2026	1 Bed	Waves Grande · Floor 31	910	120,000	132	-	Standard	CERTIFICATE
1 Oct 2026	1 Bed	Waves Grande · Floor 35	712	100,000	141	-	Standard	CERTIFICATE
24 Sep 2026	2 Bed	Waves Grande · Floor 7	1,328	155,000	117	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Waves Grande

Compared with

Residences 5

PIX© PSF

2,153

Rank

#15 of 57

#14 of 57

Typical price

2.04M

Yield

6.0%

Units

466

123

Sales

183

Rents

773

122

Developer

SOBHA REALTY

DUBAI HOLDING (L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Residences 16 DUBAI HOLDING (L.L.C) · Completed	121					41	140
	Kensington Waters ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	311					83	269
	Sobha Hartland Waves SOBHA REALTY · Completed	671					169	1,292
	Kensington Waters A ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	160					55	138
	Residences 5 DUBAI HOLDING (L.L.C) · Completed	123					39	122
15	Waves Grande SOBHA REALTY · Completed	466	2,153	Subject	2.04M	6.0%	183	773
	Sobha Hartland Greens 6 SOBHA REALTY · Completed	308					148	740
	Residences 7 DUBAI HOLDING (L.L.C) · Completed	136					18	76
	Crest Grande SOBHA REALTY · Completed	1,005					14	434
	District One DUBAI HOLDING (L.L.C) · Completed	3,369					1,010	3,204
	Residences 15 DUBAI HOLDING (L.L.C) · Completed	121					45	159

Community median 1,999 AED/sqft. Showing the closest-ranked peers of 57 ranked projects in the community. 16 community projects excluded for insufficient recorded sales. 55 excluded for trading only in the off-plan market. 3 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

Wilton Terraces 1AED 1,947/sqft
The TerracesAED 1,952/sqft
The Terraces North SideAED 1,960/sqft
The Terraces South SideAED 1,971/sqft
Sobha Creek Vistas Tower AAED 1,924/sqft
Wilton Park Residences 1AED 1,922/sqft

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 1,948 per sqft, or about AED 2,122,218 for a typical unit, based on 698 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.

Who is the developer of Waves Grande?

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

What is the rental yield in Waves Grande?

Waves Grande yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 773 registered Ejari contracts.

How many units are in Waves Grande?

Waves Grande holds 466 registered units, per the Dubai Land Department unit register.

Have prices in Waves Grande gone up or down?

Price per sqft has fallen -13.6% over the last 12 months, to AED 1,948, across 698 registered sales.