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Ejari leases to 12 Oct 2026

Wavez Residence rents

  • 170 new leases and 153 renewals in 12 months
  • 414 units
  • Liwan

A studio here leases for about AED 43,000 a year. New tenants pay more than renewing ones, who pay AED 40,000.

Studio · typical new lease

43,000AEDa year

AED 106/sqft · +2.4% on a year

A month, roughly
AED 3,583
Renewal
AED 40,000
New leases, 12 months
151
Buying instead? Wavez Residence sale prices →

What should a lease in Wavez Residence cost?A studio leases for about AED 43,000 a year; new tenants pay 7.5% more than renewing ones

TypeNew leaseRenewalvs LiwanLeases
Studiomost leased43,000106/sqft40,000124 renewals—151
1 bed60,00090/sqft55,00029 renewals18% moretypical 50,75019

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Liwan median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 2.4% more than a year earlier: AED 43,000 against 42,000.

Median annual rent, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Dec 2022, AED 25,000; latest, Oct 2026, AED 40,000; peak, Mar 2026, AED 45,500.

StartTypeSqftAnnual rentAED/sqftContract
11 Oct 2026Studio407AED 41,000101Renewal
11 Oct 20261 bed669AED 63,00094Renewal
10 Oct 20261 bed668AED 58,00087New
10 Oct 2026Studio407AED 40,00098New
10 Oct 2026Studio399AED 40,000100New
10 Oct 2026Studio406AED 50,000123New
10 Oct 2026Studio405AED 39,00096Renewal
5 Oct 2026Studio407AED 42,000103New
3 Oct 2026Studio407AED 42,000103New
2 Oct 2026Studio407AED 40,00098New

Showing the 60 most recent of 323 contracts starting on or after 12 Oct 2025.

About Wavez ResidenceA 13-floor tower in Liwan, a 20-minute drive from DIFC

Wavez Residence is an apartment building completed in 2022 by Danube Properties in Liwan. 323 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
13
Lifts
6
Parking bays
467
Pools
1
Master developer
Danube Properties

Drive times · typical

Downtown
24 min · 20 km
DXB Airport
21 min · 24 km
DIFC
20 min · 21 km
Dubai Marina
28 min · 33 km
Palm Jumeirah
34 min · 37 km

Nearest, as registered

Landmark
IMG World Adventures

Letting a unit in Wavez Residence?78% of units here signed a yearly lease in 12 months, above the Liwan median; new tenants pay more than renewing ones

Units on a yearly lease
78%Strength
Liwan median 9%; top tenth from 76%
New tenant vs renewal
+7.3%
New leases AED 44,000, renewals 41,000, all types
Short-let instead, one-bed
AED 682
a night on Airbnb; nets 2.3× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Wavez Residence sale prices →

Comparables in Liwan

Every Liwan building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Wavez Residence places 1st of 50; the nearest 4 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
1Wavez Residence · this buildingAED 44,000103+4.8%170
2Celine By VisionAED 64,50099-3.9%+14.2%66
3Mazaya 4AED 65,00091-11.5%0.0%5
4Symbolic AlphaAED 67,00089-14.3%-4.3%29
5AlbaAED 58,00086-16.3%—5

Rank 1 is the dearest per square foot. Differences are against Wavez Residence.

Market context in Liwan

Registered sales activity

464 ready apartment sales in the 12 months to 2026-10-12.

+15.8% in median AED/sqft versus the preceding year, supported by 464 current and 545 prior price observations.

Explore sales activity

Planned apartment projects

306 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.

1 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

940 apartments are planned in Liwan from 2026 to 2028, equal to 21% of the 4,584 homes let there today.

Ready prices per sqft fell in 27% of 15 buildings (counted once per bedroom type) in Liwan with sales in both years; the typical one moved +7.3%.

The pooled median moved +15.8%: 8.4 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 45% of 11 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted
Find service-charge budget evidence for Wavez Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

More from Danube Properties

Prices per sq ft around Wavez Residence, on the map
Pills show median annual rent, AED. 46 buildings pinned from Google place records and Apple geocoding · Wavez Residence is the inverted pinOpen in Apple Maps

Ask about Wavez Residence

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Common questions

What is the registered annual rent for a studio in Wavez Residence?
The median new annual rent is AED 43,000, from 151 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Wavez Residence risen or fallen?
The median new annual rent changed +2.4% in the trailing 12 months against the previous 12, using 151 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Wavez Residence pay more than sitting ones?
A new tenant pays +7.5% against a renewing one, across 124 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Wavez Residence?
26 sales were registered with the Dubai Land Department in the last 12 months, alongside 151 Ejari rental contracts. Every median on this page rests on those counts.
What is the rental yield in Wavez Residence?
Wavez Residence returns 8.4% gross: a median new-contract rent of AED 43,000 a year (151 Ejari contracts in 12 months) over a price benchmark of AED 512,500 (median of 26 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

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Wavez Residence rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
151 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/liwan/wavez-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Wavez Residence rents and yield.” Liwan, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/liwan/wavez-residence

Stable dataJSON