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Sold for AED 470,000: Studio Apartment in Wavez Residence

Located in Liwan, Dubai. Its price per sqft is −7% vs the Wavez Residence median (AED 1,240/sqft).

All Liwan salesWavez Residence prices

Sale price

AED 470,000

Per sqft
AED 1,158
Registered
10 Jun 2026, 12:13 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P2-204).

Comparable sales

02 / The property

Property details

Size
406 sqft · 37.7 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P2-204
Nearest landmark
IMG World Adventures

03 / Comparables

All sales in Wavez Residence (12 Jan 2026 – 8 Oct 2026)

35 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
8 Oct 2026700K+49% vs selected1,048−9% vs selected
21 Sept 2026450K−4% vs selected1,105−5% vs selected
9 Sept 2026505K+7% vs selected1,240+7% vs selected
2 Sept 2026450K−4% vs selected1,106−4% vs selected
27 Aug 2026470K0% vs selected1,1550% vs selected
3 Aug 20261.48M+215% vs selected1,521+31% vs selected
3 Aug 20261.7M+261% vs selected1,528+32% vs selected
3 Aug 20261.58M+237% vs selected1,463+26% vs selected
30 Jul 2026750K+60% vs selected1,126−3% vs selected
24 Jul 2026400.25K−15% vs selected983−15% vs selected
21 Jul 2026540K+15% vs selected1,326+15% vs selected
15 Jul 2026490K+4% vs selected1,216+5% vs selected
12 Jun 2026500K+6% vs selected1,228+6% vs selected
Studio · 406 sqftReadySelected sale
10 Jun 2026470K1,158
22 May 2026565K+20% vs selected1,388+20% vs selected
21 May 2026790K+68% vs selected1,185+2% vs selected
13 May 2026515K+10% vs selected1,278+10% vs selected
29 Apr 2026830K+77% vs selected1,246+8% vs selected
25 Mar 2026550K+17% vs selected1,350+17% vs selected
25 Mar 2026505K+7% vs selected1,241+7% vs selected
9 Mar 2026730K+55% vs selected1,092−6% vs selected
6 Mar 2026500K+6% vs selected1,229+6% vs selected
3 Mar 2026304.57K−35% vs selected—— vs selected
28 Feb 20261.03M+118% vs selected2,370+105% vs selected
28 Feb 20261.03M+118% vs selected2,372+105% vs selected
23 Feb 2026800K+70% vs selected1,196+3% vs selected
11 Feb 2026500K+6% vs selected1,229+6% vs selected
10 Feb 2026525K+12% vs selected1,294+12% vs selected
6 Feb 2026550K+17% vs selected1,379+19% vs selected
3 Feb 20261.11M+137% vs selected2,003+73% vs selected

04 / Renting it out

What similar apartments rent for

Median of 15 market rents of apartments of 345–467 sq ft in Wavez Residence. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 40,000
Per sqft / yr
AED 98/sqft
Gross yield
8.5%