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Wavez Residence

A studio in Wavez Residence costs a median AED 512,500 and rents long-let for AED 43,000/yr (8.4% gross).

Satellite view of Wavez Residence, Liwan, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

512,500AED

AED 1,265/sqft · +5.1% on a year

Rent a year
AED 43,000
Gross yield
8.4%
Cost to buy, all inAED 547,963
Price
AED 512,500
DLD fee 4%
AED 20,500
Agent 2% + VAT
AED 10,763
Trustee
AED 4,200

Fees repaid by rent10 months

Against this building’s registered sales of the same type.

Ask about Wavez Residence →

Is Wavez Residence a good investment?Pays above the Dubai median, easy to let, prices rising and little new supply nearby, with nothing to watch

  1. Does it pay a good rent?8.4% gross, before the service charge (not on file) (Dubai median 6.8%)8.4%Strength
  2. Is it easy to let?78% of units signed a yearly lease in 12 months; the typical Liwan building manages 9%78%Strength
    Liwan median 9% · top tenth from 76%Wavez Residence · 78%

    Across 13 Liwan buildings with 40 or more units, the median signed annual leases on 9% of units in 12 months and the top tenth on 76% or more; Wavez Residence is at 78%.

  3. Are rents going up?New studio leases: AED 42,000 a year ago, AED 43,000 now+2.4%Fair
  4. Are prices going up?Studio: AED 1,203/sqft a year ago, 1,265 now+5.1%Strength
  5. How fast do fees pay back?AED 35,463 in fees to buy a studio; rent covers it in 0.8 years0.8 yrs
  6. Can I sell easily?35 sales in 12 months, 8% of the tower (30 the year before)35Fair
  7. Is a lot being built nearby?940 apartments are planned in Liwan from 2026 to 2028, equal to 21% of the 4,584 homes let there today. A further 78 are past their planned date. Liwan supply by year →21%Strength
  8. Did earlier buyers gain?Up 39% for buyers 5 years ago; up 44% for launch buyers, before fees+38.6%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Wavez Residence prices and rents by unit typeA studio costs about AED 512,500 and rents for about AED 43,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio338 units · 407 sqftAED 512,5001,265/sqftlaunch 863 +46.6%8.4%+0.0 ptsAED 43,000151 contracts+5.1%26
1 bed76 units · 668 sqftAED 790,0001,185/sqftlaunch 906 +30.8%7.6%-1.2 ptsAED 60,00019 contracts+7.2%9
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Liwan

3 years
+39.3% · +11.7%/yr
5 years
+45.3% · +7.8%/yr

Rental income

Studio · Liwan

Median new rent
AED 43,000/yr
Yield vs area median
+0.0 pts
Yield vs Dubai (6.8%)
+1.6 pts
Renewal rent
AED 40,000/yr
New tenants pay vs sitting (124 renewals)
+7.5%

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, Studio, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, Studio: Sep 2019, AED 344,775; latest, Sep 2026, AED 460,000; peak, Apr 2025, AED 530,000. Rent on new leases: Dec 2022, AED 25,000 a year; latest, Oct 2026, AED 40,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,240 · before fees

Launch, 2019–23
863
+44%
5 years ago
894
+39%
3 years ago
916
+35%
Previous 12 months
1,180
+5%
Last 12 months
1,240
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

35 resales in the last 12 months, against 43 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
8 Oct 20261 bed668AED 700,0001,048
22 Sept 2026Studio407AED 450,0001,105
9 Sept 2026Studio407AED 505,0001,240
2 Sept 2026Studio407AED 450,0001,106
28 Aug 2026Studio407AED 470,0001,155
30 Jul 20261 bed666AED 750,0001,126
24 Jul 2026Studio407AED 400,250983
21 Jul 2026Studio407AED 540,0001,326
15 Jul 2026Studio403AED 490,0001,216
15 Jun 2026Studio407AED 500,0001,228

35 resales in the last 12 months.

Short-term rates around Wavez Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 4+ listings seen6821.02/sqftAED 136,063AED 60,0002.3×17.2%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Liwan

Every Liwan building with a page, ranked by price per sqft over the same 12 months, all unit types. Wavez Residence places 6th of 49; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
2Albero by ORO2418% · off-plan 1,259/sqftAED 896,0001,375+11.0%——4
3Symbolic Altus0% · Q2 2027 · off-plan 1,282/sqftAED 1.07M1,282+3.4%——46
4Serra Residence By Wujodoff-plan 1,270/sqftAED 1.25M1,270+2.5%——3
5Symbolic AlphaCompleted 2025 · off-plan 1,050/sqftAED 915,0001,257+1.4%7.3%+4.7%11
6Wavez Residence · this buildingCompleted 2022 · off-plan 873/sqftAED 525,0001,2408.4%+5.0%35
7Parkgreen Residences by Alishaanoff-plan 1,228/sqftAED 827,0091,228-0.9%——11
8Celine By VisionCompleted 2026 · off-plan 1,089/sqftAED 910,0001,226-1.1%7.1%+12.7%39
9Alma Gardens50% · Q2 2026 · off-plan 1,163/sqftAED 1.12M1,185-4.4%—+8.9%38
10Karma by VisionCompleted 2025 · off-plan 989/sqftAED 1.34M1,143-7.8%7.3%+13.6%5

Rank 1 is the dearest per square foot. Differences are against Wavez Residence (AED 1,240/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

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.

About Wavez Residence

Wavez Residence is an apartment building completed in 2022 by Danube Properties in Liwan. 564 sales are registered with the Dubai Land Department.

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

Wavez Residence: AED 1,240 per sq ft, 55% above the median Liwan building, and a 8.4% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Wavez ResidenceAED 1,240
  2. Liwan, readyAED 945
  3. Liwan, off-planAED 1,438
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Wavez ResidenceLiwan median building

  1. Liwan8.4% vs 8.6%
Line: the 10th to 90th percentile of 38 buildings in Liwan. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Liwan, by handover quarter

More from Danube Properties

Prices per sq ft around Wavez Residence, on the map
Pills show median sale price, AED. 43 buildings pinned from Google place records and Apple geocoding · Wavez Residence is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Wavez Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
2,279AED
4.5% over 25 years
Monthly rent
3,583AED
AED 43,000 a year
Cash needed at purchase
146,088AED
20% down plus AED 43,588 in fees

Owning costs AED 167,498 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Wavez Residence

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Common questions

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.
How much does a studio in Wavez Residence cost?
The median registered sale price is AED 512,500 (1,265 AED/sqft), from 26 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Wavez Residence selling for right now?
Registered sales of ready units in Wavez Residence over the last 12 months have a median of 1,265 AED/sqft, across 26 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Wavez Residence risen or fallen?
Median price per square foot moved +5.1% over the last 12 months against the 12 before it, on 26 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
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.

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Wavez Residence sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
26 registered sales 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
/sale/apartments/dubai/liwan/wavez-residence
Method
Definitions and calculations

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

Stable dataJSON