Unit 1203, Waves Tower: what it sold for and what it is worth now

Unit 1203 at Waves Tower is a 2 bed of 1,428 sq ft. It last sold for AED 1,973,786 on 27 Jul 2022. At AED 1,716 per sq ft, from 4 sales of units ending 03 (same position in the tower), it is worth about AED 2,450,000 today.

Value todayAED 2,450,000AED 2,365,000 to AED 2,531,000
Last saleAED 1,973,78627 Jul 2022 · Resale
Change since last sale+24.1%Building trend alone: AED 2,201,555
Rent (median asking, 2 bed)AED 159,995Gross yield 6.5%
Bedrooms2 bed
Size1,428 sq ft
Floor12 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingWaves Tower by Kasco Developments, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1203

DatePriceSizeAED/sq ftType
27 Jul 2022AED 1,973,7861,428 sq ft1,382Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60318 Aug 2026AED 2,500,0001,428 sq ft1,751Resale
80326 Jan 2026AED 2,260,0001,428 sq ft1,583Resale
150324 Oct 2025AED 2,400,0001,428 sq ft1,681Resale
20321 Feb 2025AED 2,625,0001,428 sq ft1,838Resale
16039 Jan 2024AED 1,660,0001,428 sq ft1,162Resale
7032 Nov 2023AED 4,000,0001,428 sq ft2,801Resale
5036 Oct 2023AED 1,500,0001,428 sq ft1,050Resale
14035 Jul 2023AED 2,550,0001,428 sq ft1,786Resale

Latest 2 bed sales in Waves Tower

UnitDatePriceSizeAED/sq ftType
110925 Sep 2026AED 2,110,0001,579 sq ft1,336Resale
60318 Aug 2026AED 2,500,0001,428 sq ft1,751Resale
80326 Jan 2026AED 2,260,0001,428 sq ft1,583Resale
150226 Jan 2026AED 2,400,0001,433 sq ft1,675Resale
90912 Jan 2026AED 2,450,0001,579 sq ft1,552Resale
10029 Dec 2025AED 2,350,0001,433 sq ft1,640Resale
150324 Oct 2025AED 2,400,0001,428 sq ft1,681Resale
20321 Feb 2025AED 2,625,0001,428 sq ft1,838Resale

How we worked out the value

We took the 4 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,716). We multiplied it by the size of this unit (1,428 sq ft). The range uses the middle half of those sales (AED 1,656 to AED 1,773 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,201,555. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1203 at Waves Tower worth?

About AED 2,450,000 (range AED 2,365,000 to AED 2,531,000), based on AED 1,716 per sq ft from registered sales up to 25 Sep 2026.

When did unit 1203 last sell?

27 Jul 2022, for AED 1,973,786 (resale). It has 1 registered sale.

What rent can unit 1203 make?

A 2 bed in Waves Tower rents for about AED 159,995 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Waves TowerAll sales in Waves Tower

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