Wavez Residence
- Completed 2022
- 13 floors
- 6 lifts
- 467 parking bays
- 1 pool
- Master developer Danube Properties
A studio in Wavez Residence costs a median AED 512,500 and rents long-let for AED 43,000/yr (8.4% gross).
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
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
- Does it pay a good rent?8.4% gross, before the service charge (not on file) (Dubai median 6.8%)8.4%Strength
- 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%.
- Are rents going up?New studio leases: AED 42,000 a year ago, AED 43,000 now+2.4%Fair
- Are prices going up?Studio: AED 1,203/sqft a year ago, 1,265 now+5.1%Strength
- How fast do fees pay back?AED 35,463 in fees to buy a studio; rent covers it in 0.8 years0.8 yrs
- Can I sell easily?35 sales in 12 months, 8% of the tower (30 the year before)35Fair
- 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
- 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
Wavez Residence prices and rents by unit typeA studio costs about AED 512,500 and rents for about AED 43,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Liwan
- 12-month change
- +5.1%
Rental income
Studio · Liwan
- Gross yield
- 8.4%
- 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)
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%
- 353 sales
- 5 years ago
- 894
- +39%
- 44 sales
- 3 years ago
- 916
- +35%
- 52 sales
- Previous 12 months
- 1,180
- +5%
- 30 sales
- Last 12 months
- 1,240
- today
- 35 sales
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.
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.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly 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.
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 activityPlanned 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 supplySupply 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 countedDirect 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.
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
- Wavez ResidenceAED 1,240
- Liwan, readyAED 945
- Liwan, off-planAED 1,438
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Wavez ResidenceLiwan median building
- Liwan8.4% vs 8.6%
More from Danube Properties
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AED, resale median · 3,492/sqft
Timez By Danube
Dubai Silicon Oasis · 361 sales, 12 months
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AED, resale median · 1,943/sqft
ASPIRZ By Danube
Dubai Sports City · 256 sales, 12 months
1.09M
AED, resale median · 2,196/sqft
Bayz 102 By Danube
Business Bay · 137 sales, 12 months
2.90M
AED, resale median · 2,952/sqft
Nearby in Liwan
Prices per sq ft around Wavez Residence, on the mapPrices per sq ft around Wavez Residence, on the map
Celine By Vision
Liwan · 39 sales, 12 months
910,000
AED, resale median · 1,226/sqft
Mazaya 4
Liwan · 23 sales, 12 months
410,000
AED, resale median · 554/sqft
Mazaya 1
Liwan · 13 sales, 12 months
520,000
AED, resale median · 743/sqft
Symbolic Alpha
Liwan · 11 sales, 12 months
915,000
AED, resale median · 1,257/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
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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.
For agents
Send this page to a client as a branded report
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
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