Price trends
1 bedroom apartments rented in Waves Tower and Business Bay
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Waves Tower and Business Bay.
Waves Tower
What you need to know about Waves Tower
Waves Tower is a modern residential high-rise developed by Sobha Realty, located in the heart of Business Bay, Dubai. Completed in 2022, this 35-storey tower offers a selection of studios, 1-bedroom, and 2-bedroom apartments, catering to professionals, couples, and small families seeking a vibrant urban lifestyle. Positioned along the Dubai Water Canal, Waves Tower provides residents with panoramic city and canal views, as well as easy access to Downtown Dubai and major business hubs. The property is available on a freehold basis, making it an attractive option for both end-users and investors looking for long-term value in one of Dubai’s most dynamic neighborhoods.
Key Facts
- Developer: Sobha Realty
- Location: Business Bay, Dubai
- Building Type: Residential
- Available Unit Types: Studios, 1-bedroom, and 2-bedroom apartments
- Ownership Type: Freehold
Location
Nearest points of interest
Restaurants
Pizza Bay
163 m
Manoosha & Shawarma Restaurant
171 m
Rahman Biryani
175 m
Baron Cafe
269 m
Lakeside Spice
313 m
Groceries
Royal Bay Mini Mart
98 m
Al Rayhan Grocery
269 m
Farmers Supermarket
284 m
O Mart Supermarket
325 m
Choithrams
359 m
Schools
Hartland International School
2.2 km
North London Collegiate School Dubai
2.6 km
Dubai International private School - BR
2.8 km
Iranian Towheed Boys School
2.8 km
GEMS Our Own Indian School
2.9 km
Hospitals
Bay Square Ladies Massage And Relaxation Center
511 m
Empire Dental Clinic
907 m
Jadore Medical Center
955 m
Elite Style Polyclinic
1.2 km
Amana Home Health Care Center
1.3 km
Religious
Ahel Al Sunnah Mosque (625)
1.9 km
Al Ghafoor Mosque
2.8 km
Makhtoom Bin Khalifa Bin Saeed Al Maktoom Mosque
2.9 km
Bay avenue mousq
3.1 km
Rashid bin Bakhit Mosque
3.2 km
Waves Tower is strategically situated in Business Bay, one of Dubai’s most prestigious and centrally located districts. The tower enjoys direct frontage on the Dubai Water Canal and is within walking distance of Bay Square and Downtown Dubai. Major roads such as Sheikh Zayed Road (E11) and Al Khail Road (E44) are easily accessible, ensuring seamless connectivity to Dubai International Airport, DIFC, and other key destinations. The community is characterized by its cosmopolitan atmosphere, high-rise skyline, and proximity to world-class retail, dining, and entertainment.
Properties
Waves Tower offers a selection of studios, 1-bedroom, and 2-bedroom apartments, each thoughtfully designed to maximize space, natural light, and comfort. The layouts feature open-plan living and dining areas, modern kitchens, and private balconies that provide views of the canal or city skyline. High-quality finishes, built-in wardrobes, and en-suite bathrooms are standard, catering to the needs of singles, couples, and small families seeking a contemporary lifestyle in Business Bay.
Average prices
| Type | Avg. Price (AED/ year) |
|---|---|
| Studio | 73,000 |
| 1 Bedroom | 112,000 |
| 2 Bedrooms | 170,000 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Waves Tower and Business Bay.
Recent rental transactions
| Date | Rented Price (AED/Year) | Contract Status | Property Type | Bedrooms | Size (sqft) |
|---|---|---|---|---|---|
| 21 May 2026 - 20 May 2031 | 250,000 | New | Apartment | 1 Bed | 906.11 |
| 16 May 2026 - 15 May 2027 | 110,000 | New | Apartment | 1 Bed | 657.46 |
| 1 May 2026 - 31 Oct 2026 | 60,000 | Renewed | Apartment | 1 Bed | 957.99 |
| 1 Jun 2026 - 31 May 2027 | 108,000 | New | Apartment | 1 Bed | 1023.22 |
| 1 Jun 2026 - 30 Sep 2026 | 25,458 | Renewed | Apartment | 1 Bed | 1111.05 |
| 10 May 2026 - 9 May 2027 | 80,000 | New | Apartment | 1 Bed | 456.28 |
| 21 May 2026 - 20 May 2027 | 90,000 | New | Apartment | 1 Bed | 930.00 |
| 21 May 2026 - 20 May 2027 | 140,000 | Renewed | Apartment | 1 Bed | 803.09 |
| 1 Jun 2026 - 31 May 2027 | 150,000 | New | Apartment | 1 Bed | 1070.79 |
| 1 Jun 2026 - 31 May 2027 | 115,000 | New | Apartment | 1 Bed | 657.46 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Business Bay.
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Average price of a 1 bedroom apartment nearest to Waves Tower
The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
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Amenities
Residents of Waves Tower enjoy a thoughtfully curated range of amenities designed to enhance comfort, leisure, and well-being. The facilities support a balanced lifestyle, providing spaces for relaxation, fitness, and social interaction.
- Infinity swimming pool
- Fully equipped gymnasium
- Children’s play area
- Landscaped gardens
- 24-hour security and CCTV surveillance
- High-speed elevators
- Dedicated covered parking
- Elegant lobby with concierge services
- Central air conditioning
- Multi-purpose community hall
What Residents say about Waves Tower
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Abhi S.I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.
S
Samson P.Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views
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Rishab B.Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.
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Ajmal S.One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.
H
Huda N.Amazing
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Frequently asked questions
Annual service charges in Waves Tower vary depending on the apartment size and type. These charges typically cover maintenance of common areas, security, and building management services. For the most accurate and up-to-date information, it is advisable to contact the property management or your real estate agent directly.
Waves Tower offers a comprehensive range of amenities, including an infinity swimming pool, fully equipped gymnasium, children’s play area, landscaped gardens, 24-hour security, concierge services, high-speed elevators, and a multi-purpose community hall. These facilities are designed to enhance residents’ comfort, convenience, and overall lifestyle.
Residents of Waves Tower benefit from excellent connectivity via Sheikh Zayed Road and Al Khail Road. Public transportation options include several nearby bus stops and easy access to Business Bay Metro Station. The tower’s location ensures easy access to Dubai’s key business, retail, and leisure destinations.
Yes, Waves Tower provides secure, covered parking spaces for residents. Visitor parking is also available within the premises, and additional public parking options can be found nearby. The parking facilities are well-maintained and easily accessible from the main entrance.
Pet policies in Waves Tower may vary depending on the property management’s regulations. Prospective residents are encouraged to confirm the current pet policy with the building management or their real estate agent before moving in.