Wavez Residence
ويفز رزيدنسDanube Properties Development L.L.C · Home sales since 2019 · mostly resales in the 12 months to 22 Sep 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Wavez Residence was AED 1,229/sqft in Mar 2026, from 5 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 434 units · 1 building · DLD target completion September 2022
Registered developer: Danube Properties Development L.L.C (DLD no. 1009)
Escrow account with Mashreq Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Liwan1
Typical yearly rent of AED 54,000 across 3,411 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
AED 1,229/sqft
Mar 2026 · 5 home sales
—
Too few resales for a comparison. Resale price per sqft: AED 913/sqft · Sep 2023 · 7 sales against AED 1,106/sqft · Sep 2026 · 3 sales.
36 months
Recorded home resales here fall in 36 months, Jul 2023 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Wavez Residence — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Wavez Residence over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Wavez Residence itself. The rest are homes of the same size in Liwan, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 512.5K | AED 43,000/yrthis building · 145 new lets | 8.4% | 26 |
| 1 bed | AED 795K | AED 60,000/yrthis building · 20 new lets | 7.5% | 8 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 357.5K), a studio here reads 12.0% instead of 8.4%. The yield in the table above uses the AED 512.5K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the typical owners’ association budget in this area — AED 13/sqft across 33 projects, recorded for 2024–2026 (32 for 2026). Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| Studio | AED 5,152 | AED 37,848 | 8.4% | 7.4% |
Only the service charge is taken off.
A separate reserve-fund line appears in 33 of the 33 project budgets counted together here; the middle of those is AED 0.8/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Wavez Residence
How much does a home in Wavez Residence cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Wavez Residence was AED 512.5K for a studio (26 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Wavez Residence?
The typical rent (the median: half of the rent contracts were above this, half below) in Wavez Residence is AED 43,000/yr for a studio (145 new tenancies recorded in Wavez Residence itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Wavez Residence itself.
What rental yield does Wavez Residence give?
The yield before costs on completed homes in Wavez Residence is about 8.4% on a studio. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Wavez Residence selling off-plan or as resales?
0% of the 34 home sales recorded in Wavez Residence in the 12 months to 22 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Wavez Residence start selling?
The Land Department's register holds 563 home sales in Wavez Residence. The earliest was recorded in Sep 2019 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Liwan typical price
-5.1%
Priced at or below the area's typical price. Mar 2026: 5 sales here against 131 in the area.
Developer track record
26,851 recorded sales
Matched to Danube Properties Development L.L.C, across the 2 companies Keyva groups under that name, May 2006 to 7 Oct 2026.
15 completed · 26 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionWhen Wavez Residence handed over in September 2022, no other project in Liwan had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 10 other projects in Liwan as not yet finished.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
2.4 km
واحة دبي السيليكون
1.1 km
Indian International School
2.3 km
HLG Umar
473 m
Supercare
Metro stations
- واحة دبي السيليكون2.4 km
Schools
- Indian International School1.1 km
- Kent College1.9 km
- GEMS Wellington Academy2.2 km
- GEMS Sports Academy2.2 km
Hospitals & clinics
- HLG Umar2.3 km
- Fakeeh University Hospital2.3 km
Supermarkets
- Supercare473 m
- Zoom Supermarket607 m
- Bluemart672 m
- Lulu Supermarket705 m
Bus stops
- Silicon Oasis Emirates Building 1788 m
- Silicon Oasis Avenue Mall 2844 m
- RAK BANK HQ / ID - 2905011.0 km
- Silicon Oasis Al Waha Masjid1.3 km
Pharmacies
- Super Care Pharmacy575 m
- Medicina Pharmacy700 m
- Medicina Pharmacy907 m
- Bincina Pharmacy913 m
Malls
- Silicon Central742 m
Parks
- Central park672 m
- Centro Courtyard 31.7 km
- Centro Courtyard 51.8 km
- Centro Courtyard 42.1 km
Mosques
- Al Waha Masjid1.3 km
- Shaikha Ali Mosque1.9 km
- Souq Extra Mosque2.9 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Liwan — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Liwan
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
EMPIRE CROWN REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 7 home sales
Hre Real Estate Development L.L.C
Sep 2026 · 40 home sales
Clear Vision Real Estate Development L.L.C
Jul 2026 · 8 home sales
Reportage Prime Properties L.L.C
Sep 2026 · 5 home sales
SYMBOLIC REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Wavez Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.