Liwan · Ready · 83% of recent sales are studios

Wavez ResidenceWhat it sells and rents for

Studios resell for about AED 510k and rent for AED 41k a year.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 510kfor a typical studio

From 27 resales in the last 12 months.

Rents forAED 41ka year, new studio lease

Down 9% since early 2026. Renewing tenants pay about AED 40k.

Earns8.0%a year, as a share of the price
Wavez Residence
Liwan

About the same as studios across Liwan.

Sells36sales in the last year
Wavez Residence
Similar buildings

Fewer resales than the typical similar building, so a sale may take longer.

  • 9% lessNew studio leases sign for AED 41k a year, 9% less than in January to March 2026, from 55 leases.

What brings you here?

Apartment type

Prices and rents at Wavez Residence

What should you pay for a studio?

AED 510k

That's the typical price. 13 of the 27 studios resold here in the last year went for AED 480k to AED 535k. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 480k

7 of the 27 studios resold here in the last year went for this or less. Start here and leave room to move.

What will it really cost you?

Based on the typical studio here at AED 510k, and renting a studio here for AED 41k a year.

The mortgage is AED 1,149 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 2,268
Renting a studio hereAED 3,417

Cash you need

AED 142k

  • Down paymentAED 102,000
  • DLD transfer feeAED 20,980
  • Agency feeAED 10,710
  • Trustee, mortgage and valuationAED 8,510

Over 5 years, buying costs about AED 127k in fees and interest. Renting costs about AED 205k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

8.0%

A year's rent, about AED 41k, as a share of the price, before service charges. Studios across Liwan earn 7.8%.

AED 510kprice→AED 41kyearly rent=8.0%return

Will it be easy to sell later?

2 a month

That's how often a studio resells here. The building has fewer resales than the typical similar building nearby.

Wavez Residence
Celine by Vision
Qpoint Liwan Plot R062

Are prices rising or falling?

No clear move

Only 6 resales in the building in the last 3 months, too few to call a direction.

Aug 2024Oct 2026

Do bigger studios cost more?

Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 1,232. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 300kAED 400kAED 500kAED 600k250275300325350375400Size, sq ft →

How does it compare with its neighbours?

The other building

in Liwan earns a higher return than Wavez Residence. Across the building as a whole it costs AED 1,234 per sq ft and earns 8.0%. The typical building in Liwan costs AED 1,000 per sq ft and earns 7.5%.

Wavez ResidenceCheaper and earns morePricier and earns lessOther buildings
7.5%8.0%8.5%9.0%9.5%1,1251,1501,1751,2001,2251,2501,2751,300Resale price per sq ft, AED, last 12 months →Gross yield →Cheaper and earns morePricier and earns lessarea typicalWavez ResidenceCeline by Vision

Where is Wavez Residence?

23% above

the typical resale price per sq ft in Liwan, over the last 12 months.

Wavez Residence against Liwan

  • Wavez ResidenceResale, 36 sales in 12 monthsAED 1,234 per sq ft
  • LiwanResale, 610 sales in 12 monthsAED 1,000 per sq ft

A studio in Liwan

  • A typical studio resells forAED 525k
  • New studio leases sign forAED 41k a year
  • Rent as a share of the price7.8%

How busy it is

  • Sales in the last 12 months1,561
  • Off-plan share of sales61%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Liwan

Similar buildings

Celine by Vision

Celine by Vision

Liwan

Typical 1-bed
AED 982k resale
Sales, 12 months
38

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a studio in Wavez Residence?

About AED 510k on resale; 13 of 27 sold for AED 480k to AED 535k.

How much is rent for a studio in Wavez Residence?

About AED 41k a year on a new lease and AED 40k on a renewal.

What is the rental yield at Wavez Residence?

About 8.0% gross on a studio, before service charges.

Is Wavez Residence easy to resell?

Slower than the typical similar building: 36 resales in 12 months.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Wavez Residence registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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