Market bulletin · Thu, 22 Oct 2026
Wavez Residence: 1 sales worth AED 700K in 30 days
Wavez Residence recorded 1 sale worth AED 700K in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Liwan, Wavez Residence ranked #8 of 11 leading projects by 12-month sales value; it is developed by Danube Properties.
Leases registered in the last three months had a median annual rent of AED 42K. The best gross yield is on Studio apartments at about 8.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 1,278 |
| Dec 25 | — |
| Nov 25 | AED 1,278 |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 1,072 |
| Nov 24 | AED 1,204 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 3 |
| Feb 26 | 0 | 0 | 3 |
| Jan 26 | 0 | 0 | 5 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 5 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | unchanged 0.0% | AED 700K | — | — |
| Last 3 months | 3 | down 50.0% | AED 1.90M | — | — |
| Last 6 months | 9 | down 47.1% | AED 5.25M | 1,228 | down 2.0% |
| Last 12 months | 26 | down 23.5% | AED 15.4M | 1,247 | up 8.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 26 | 100% | AED 545K | 1,247 | up 8.2% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 18 | 69% | AED 515K | 1,278 | up 10.6% |
| 1 bedroom | 8 | 31% | AED 780K | 1,168 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 26 | 100% | AED 545K | 1,247 | up 8.2% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 40K |
| Sept 26 | AED 41K |
| Aug 26 | AED 43K |
| Jul 26 | AED 42K |
| Jun 26 | AED 42K |
| May 26 | AED 42K |
| Apr 26 | — |
| Mar 26 | AED 45K |
| Feb 26 | AED 45K |
| Jan 26 | AED 44K |
| Dec 25 | AED 45K |
| Nov 25 | AED 43K |
| Oct 25 | AED 41K |
| Sept 25 | AED 44K |
| Aug 25 | — |
| Jul 25 | AED 43K |
| Jun 25 | AED 42K |
| May 25 | AED 40K |
| Apr 25 | AED 43K |
| Mar 25 | AED 42K |
| Feb 25 | AED 43K |
| Jan 25 | AED 42K |
| Dec 24 | AED 41K |
| Nov 24 | AED 39K |
- Leases (12M)
- 358
- New leases
- 52%
- Median rent 3M
- AED 42K
- Rent/sqft 3M
- AED 99
| Studio apartments | AED 42K / AED 515K | 8.2% |
|---|---|---|
| 1 BR apartments | AED 58K / AED 780K | 7.4% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 253 | AED 42K | AED 44K | 103 |
| 1 BR | 42 | AED 58K | AED 60K | 87 |
Competing projects in Liwan
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Empire Lake ViewsEmpire Development | 327 | 1,663 | — |
| Reem by visionVision Developments - Vision Platinum Real Estate Development | 84 | 1,125 | — |
| National Bonds Jewels (Binghatti Jewels)Binghatti | 53 | 1,020 | — |
| Vision 2Private Investor | 43 | 1,053 | — |
| Symbolic AltusSymbolic Real Estate Development | 40 | 1,288 | — |
| Alma GardensAlma Real Estate Development | 27 | 1,222 | — |
| Celine By VisionVision Developments - Vision Platinum Real Estate Development | 30 | 1,222 | — |
| Reem by VisionVision Developments - Vision Platinum Real Estate Development | 12 | 1,149 | — |
| Parkgreen ResidencesAlishaan Developments | 10 | 1,235 | — |
| Symbolic AlphaSymbolic Real Estate Development | 7 | 1,257 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 750K | 1 BR Apartment · 666 sqftWavez Residence · Liwan | 30 Jul |
| AED 700K | 1 BR Apartment · 668 sqftWavez Residence · Liwan | 8 Oct |
| AED 450K | Studio Apartment · 407 sqftWavez Residence · Liwan | 21 Sept |
Questions about Wavez Residence
How many properties were sold in Wavez Residence in the last year?
26 sales worth AED 15.4M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Wavez Residence?
The median annual rent on leases registered in the last three months was AED 42K, and the best gross rental yield is about 8.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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