Unit 1511, Waves Tower: what it sold for and what it is worth now

Unit 1511 at Waves Tower is a studio of 418 sq ft. It last sold for AED 840,000 on 5 Oct 2022. At AED 2,091 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 874,000 today.

Value todayAED 874,000AED 806,000 to AED 934,000
Last saleAED 840,0005 Oct 2022 · Resale
Change since last sale+4.0%Building trend alone: AED 934,143
Rent (median asking, studio)AED 65,000Gross yield 7.4%
Bedroomsstudio
Size418 sq ft
Floor15 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingWaves Tower by Kasco Developments, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1511

DatePriceSizeAED/sq ftType
5 Oct 2022AED 840,000418 sq ft2,010Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
9115 Dec 2025AED 920,000418 sq ft2,201Resale
4113 Jun 2025AED 950,000418 sq ft2,273Resale
161119 Jan 2023AED 870,000418 sq ft2,081Resale
4115 Oct 2022AED 759,000418 sq ft1,816Resale
141130 Sep 2022AED 835,000418 sq ft1,998Resale
21121 Sep 2022AED 752,000418 sq ft1,799Resale
31115 Sep 2022AED 756,075418 sq ft1,809Resale
71112 Sep 2022AED 762,000418 sq ft1,823Resale

Latest studio sales in Waves Tower

UnitDatePriceSizeAED/sq ftType
5107 Sep 2026AED 850,000429 sq ft1,981Resale
121025 Feb 2026AED 1,000,000429 sq ft2,331Resale
120730 Jan 2026AED 860,000487 sq ft1,766Resale
9115 Dec 2025AED 920,000418 sq ft2,201Resale
4113 Jun 2025AED 950,000418 sq ft2,273Resale
61018 Apr 2025AED 920,000429 sq ft2,145Resale
160715 Jan 2025AED 900,000487 sq ft1,848Resale
80720 Sep 2024AED 930,000487 sq ft1,910Resale

How we worked out the value

We took the 4 sales in Waves Tower in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,091). We multiplied it by the size of this unit (418 sq ft). The range uses the middle half of those sales (AED 1,927 to AED 2,233 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 934,143. 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 1511 at Waves Tower worth?

About AED 874,000 (range AED 806,000 to AED 934,000), based on AED 2,091 per sq ft from registered sales up to 25 Sep 2026.

When did unit 1511 last sell?

5 Oct 2022, for AED 840,000 (resale). It has 1 registered sale.

What rent can unit 1511 make?

A studio in Waves Tower rents for about AED 65,000 a year (median asking rent). That is a gross yield of 7.4% on the estimate.

Sales alert for Waves TowerAll sales in Waves Tower

Unit 1510 · Unit 1601