Updated 5 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Wavez Residence?

The most recent sale DLD has recorded in Wavez Residence was a studio for AED 450,000 on 22 September 2026. The latest 10 sales, all from the past 6 months, had a median of AED 1,197 per sq ft. Tenants paid a median of AED 16,000 a year over the past 6 months (701 Ejari contracts) and AED 16,000 over 12 months (1,098 contracts).

Median studio, 6 months
AED 480K
Latest 10 sales
Price per sq ft, 6 months
AED 1,197
Latest 10 sales
Median annual rent, 6 months
AED 16,000
12 months: AED 16,000
Sales on record
409
Since 30 September 2019

Source: DLD-recorded sales and Ejari contracts for Wavez Residence, Wadi Al Safa 2. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Wavez Residence at a glance

DeveloperDanube Properties Development
LocationDubailand (DLD district: Wadi Al Safa 2)
StatusReady and handed over (Ejari leases registered)
Sales on record sinceSeptember 2019
Unit types and typical sizesStudio about 407 sq ft, 1-bedroom about 666 sq ft
Service chargeAED 18.04 per sq ft a year (2026 budget)
DLD-recorded sales, past 24 months58

Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.

Wavez Residence brochure and floor plans

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Recent sales in Wavez Residence

DateTypeSize (sq ft)PriceAED per sq ft
22 September 2026Studio407AED 450,000AED 1,105
9 September 2026Studio407AED 505,000AED 1,240
2 September 2026Studio407AED 450,000AED 1,106
28 August 2026Studio407AED 470,000AED 1,155
4 August 2026Unit1,111AED 1,698,714AED 1,528
4 August 2026Unit973AED 1,480,000AED 1,521
3 August 2026Unit1,081AED 1,581,830AED 1,463
30 July 20261-bedroom666AED 750,000AED 1,126
24 July 2026Studio407AED 400,250AED 983
21 July 2026Studio407AED 540,000AED 1,326

The latest DLD-recorded sales, newest first. Share transfers and data errors are filtered out by the DLD API.

Rents in Wavez Residence

Over the past 6 months, 701 rent contracts were registered here, with a median of AED 16,000 a year (about AED 1,333 a month) and half paying between AED 16,000 and AED 17,000. Over 12 months the median was AED 16,000 across 1,098 contracts. The range covers every unit size in the building, so a studio and a 3-bedroom sit in the same figures.

PeriodLower quarterMedianUpper quarterContracts
Last 6 monthsAED 16,000AED 16,000AED 17,000701
Last 12 monthsAED 16,000AED 16,000AED 36,7521,098

Source: DLD Ejari rent contracts (new and renewed) registered in the 6 and 12 months to 7 October 2026.

Prices and rents by bedroom in Wavez Residence

Over the past 6 months, a typical studio in Wavez Residence sold for AED 480,000 and rented for AED 42,000 a year. Over 12 months the figures were AED 42,000 a year to rent.

Sale prices

TypeLast 6 monthsLast 12 monthsAED per sq ft (6 / 12 mo)Size (sq ft)
StudioAED 480,000*
10 sales		–1,187 / –407
1-bedroom–AED 775,000
4 sales		– / 1,163666

Rents and gross yield

TypeLast 6 monthsLast 12 monthsGross yield (6 / 12 mo)
StudioAED 42,000
103 contracts		AED 42,000
247 contracts		8.8% / –
1-bedroomAED 60,000
13 contracts		AED 60,000
36 contracts		– / 7.7%

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). * Busy building: median of the latest 10 sales, all inside that period. Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Wavez Residence

The median price per sq ft across Dubailand went from AED 974 in Q4 2024 to AED 1,344 in Q3 2026, up 38%, and down 8.4% on the same quarter a year earlier. Recent sales in Wavez Residence averaged AED 1,197 per sq ft, 10.9% below the district.

8991,1031,3081,512Q4 2024Q2 2025Q4 2025Q3 2026Q4 2024: AED 974 / sq ftQ1 2025: AED 946 / sq ftQ2 2025: AED 1,233 / sq ftQ3 2025: AED 1,468 / sq ftQ4 2025: AED 1,466 / sq ftQ1 2026: AED 1,287 / sq ftQ2 2026: AED 1,346 / sq ftQ3 2026: AED 1,344 / sq ft1,344

District figures: DLD-recorded sales across Wadi Al Safa 2, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

Service charges in Wavez Residence

The 2026 service charge for Wavez Residence is AED 18.04 per sq ft a year for residential units, according to the Dubai Land Department service charge index. A typical studio of about 407 sq ft pays about AED 7,343 a year, which takes the recent median rent of AED 42,000 down to AED 34,657, a net yield of 7.2%.

TypeTypical size (sq ft)Service charge a yearMedian annual rentRent after service chargeNet yield
Studio407AED 7,343AED 42,000AED 34,6577.2%
1-bedroom666AED 12,020AED 60,000AED 47,9806.2%

Source: Dubai Land Department service charge index, 2026 budget, residential rate (checked 3 October 2026). Annual charge is the rate times the typical registered unit size. Rents and prices are for the past 6 months where there is enough data, otherwise 12 months. Net yield is rent after service charge divided by the median sale price; it leaves out maintenance, vacancy, agency and financing costs.

Location: what's near Wavez Residence

  • Metro: Mall of the Emirates (10.4 km)
  • Schools: Jumeirah Engllish Speaking School (1.0 km), Safa Community School (2.3 km), Ranches Primary School (2.3 km)
  • Hospitals: Kings Hospital (7.1 km), Mediclinic Springs (9.6 km)
  • Malls: Arabian Ranches Community Center (1.0 km), City Centre Al Barsha (3.3 km)
  • Beach: Jumeirah Public Beach (13.1 km)
  • Park: Arabian Ranches II Park (1.8 km)
  • Airports: Dubai International Airport (24.8 km), Al Maktoum International Airport (18.2 km)

Straight-line distances from the centre of Dubailand, not from the building itself; driving distances are longer. Map data © OpenStreetMap contributors.

How Wavez Residence compares with Dubailand

Recent sales here ran 13.2% below the Dubailand median of AED 1,379 per sq ft in September 2026. The district's gross rental yield was 5.6% in the same report. Wavez Residence is by Danube Properties Development, and DLD recorded 58 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

Before you buy in Wavez Residence

  • Ask for the service charge per sq ft and the last two years of statements.
  • Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
  • Compare the asking price with recorded sales in the same building, not just the area median.
  • Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

How much is an apartment in Wavez Residence?

Studios sold at a median of AED 480,000 over the past 6 months; 1-bedrooms sold at a median of AED 775,000 over the past 12 months, based on DLD-recorded sales.

What is the rent in Wavez Residence?

The median annual rent was AED 16,000 across 701 Ejari contracts in the past 6 months, and AED 16,000 across 1,098 contracts over 12 months. Half of those leases fell between AED 16,000 and AED 17,000.

What rental yield does Wavez Residence make?

Studios about 8.8% gross over the past 6 months (AED 42,000 a year on a AED 480,000 purchase); 1-bedrooms about 7.7% gross over 12 months (AED 60,000 a year on a AED 775,000 purchase). Gross yield is before service charges, maintenance and vacancy.

What is the service charge in Wavez Residence?

AED 18.04 per sq ft a year for residential units in the 2026 budget registered with the Dubai Land Department. For a typical studio of about 407 sq ft that is about AED 7,343 a year.

Who developed Wavez Residence?

Danube Properties Development, according to the DLD project register.

Which area is Wavez Residence in?

DLD records it in Wadi Al Safa 2, the district that covers Dubailand (Wadi Al Safa 2).

About these figures. Every number on this page comes from Dubai Land Department records: registered sales and Ejari rent contracts for Wadi Al Safa 2. We use medians rather than averages, so a few very large or very small deals don't skew the picture. Building figures are matched on the project name DLD records. Sale and rent figures are shown for the past 6 months and the past 12 months, so the latest market sits next to the longer view. Rents cover Ejari contracts registered in each period. DLD usually registers a sale about a month after it happens, so the newest weeks are always a little light. Last updated 5 October 2026. You may quote these figures with credit to Yazdan Properties, under CC BY 4.0.

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