Wavez Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Danube
434
Total Units
430
Sold
⃃ 377,200
Median Price
⃃ 900
Median Price /sqft
Construction progress: 100%
Start: Aug, 2019Completion: Jul, 2023

Wavez Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio338400 sqft - 410 sqft⃃ 0.5M (1,270 /sqft)⃃ 1,730 /sqft
-26.76
1 Bed76670 sqft - 670 sqft⃃ 0.8M (1,180 /sqft)⃃ 1,300 /sqft
-8.73

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Wavez ResidenceWadi Al Safa 2
Jun 2019—615
Jul 2019—784
Aug 2019—401
Sep 2019839401
Oct 2019861837
Nov 2019878859
Dec 2019871860
Jan 2020860816
Feb 2020860857
Mar 2020903864
Apr 2020—1.4K
May 2020862554
Jun 2020921514
Jul 2020—501
Aug 2020925540
Sep 20208871.4K
Oct 2020—545
Nov 2020—502
Dec 2020946477
Jan 2021864881
Feb 2021893593
Mar 2021880459
Apr 2021851656
May 2021793568
Jun 2021898643
Jul 2021894895
Aug 2021910613
Sep 2021902715
Oct 2021903459
Nov 2021882410
Dec 2021—531
Jan 2022—451
Feb 2022—442
Mar 2022—441
Apr 2022913460
May 2022—484
Jun 2022—407
Jul 2022—542
Aug 2022—498
Sep 2022902460
Oct 2022813504
Nov 2022862411
Dec 2022830480
Jan 2023—469
Feb 2023931528
Mar 2023945467
Apr 2023905564
May 2023913483
Jun 2023838804
Jul 2023862826
Aug 2023895809
Sep 2023914835
Oct 2023958836
Nov 2023939579
Dec 2023966896
Jan 20241.0K1.1K
Feb 20241.0K1.4K
Mar 20241.1K1.2K
Apr 20241.1K1.0K
May 20241.0K1.2K
Jun 20241.1K1.2K
Jul 20241.1K1.1K
Aug 20241.1K1.0K
Sep 20241.1K1.0K
Oct 20241.1K950
Nov 20241.2K976
Dec 20241.2K986
Jan 2025—983
Feb 2025—930
Mar 20251.2K1.0K
Apr 20251.3K1.0K
May 20251.3K1.1K
Jun 20251.3K1.5K
Jul 20251.2K1.5K
Aug 20251.4K1.4K
Sep 20251.1K1.4K
Oct 2025—1.4K
Nov 20251.3K1.3K
Dec 20251.2K1.5K
Jan 20261.3K1.2K
Feb 20261.3K1.3K
Mar 20261.2K1.3K
Apr 20261.2K1.3K
May 20261.3K1.3K
Jun 20261.2K1.4K
Jul 20261.2K1.3K
Aug 20261.2K1.4K
Sep 20261.1K1.4K
Oct 20261.0K1.0K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial—973 sqft0 sqft
Commercial—1,091 sqft0 sqft
Commercial—1,101 sqft0 sqft
Commercial—1,438 sqft0 sqft
Commercial—923 sqft0 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment665 sqft4.9 sqft⃃ 830,000⃃ 1,248 /sqft05, Dec 2025
1Apartment666 sqft4.96 sqft⃃ 830,000⃃ 1,246 /sqft29, Apr 2026
1Apartment668 sqft4.96 sqft⃃ 802,000⃃ 1,201 /sqft08, Oct 2024
1Apartment669 sqft4.96 sqft⃃ 800,000⃃ 1,196 /sqft23, Feb 2026
1Apartment669 sqft4.96 sqft⃃ 800,000⃃ 1,196 /sqft14, Jan 2026
1Apartment667 sqft4.96 sqft⃃ 790,000⃃ 1,184 /sqft21, May 2026
1Apartment669 sqft4.96 sqft⃃ 790,000⃃ 1,181 /sqft08, Sep 2025
1Apartment665 sqft4.89 sqft⃃ 765,000⃃ 1,150 /sqft28, Apr 2025
1Apartment666 sqft4.96 sqft⃃ 760,000⃃ 1,141 /sqft15, Jan 2026
1Apartment666 sqft4.96 sqft⃃ 750,000⃃ 1,126 /sqft30, Jul 2026
1Apartment669 sqft4.96 sqft⃃ 740,000⃃ 1,106 /sqft18, Oct 2024
1Apartment668 sqft4.96 sqft⃃ 730,000⃃ 1,093 /sqft09, Mar 2026
1Apartment668 sqft4.96 sqft⃃ 730,000⃃ 1,093 /sqft29, Mar 2024
1Apartment668 sqft4.96 sqft⃃ 709,000⃃ 1,061 /sqft17, Oct 2024
1Apartment666 sqft4.96 sqft⃃ 705,000⃃ 1,059 /sqft16, Dec 2024

Wavez Residence Real Estate Data – FAQ

  • What is the current property supply in Wavez Residence?

    Wavez Residence has a total residential supply of approximately 85 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Wavez Residence?

    Wavez Residence recorded 42 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Wavez Residence?

    The median transaction price in Wavez Residence is ⃃ 1,250 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Wavez Residence?

    The gross rental yield in Wavez Residence is approximately 10%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Wavez Residence?

    Property prices in Wavez Residence have shown a capital appreciation of 3.9% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Wavez Residence?

    There are currently 0 active off-plan projects in Wavez Residence, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Wavez Residence?

    The total off-plan pipeline in Wavez Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Wavez Residence a good area for property investment?

    Wavez Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 10%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Wavez Residence, this is 10%, indicating relatively strong income performance compared to global markets.