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
Key information
Length of stay:
Short term: 3.41%
Long term: 96.59%
Renewal rate:
Avg. 29.13%
Rental yield:
Avg. 6.8%
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.
Main Highlights
- Developer: Sobha Realty
- Location: Business Bay, Dubai
- Building Type: Residential
- Available Unit Types: Studios, 1-bedroom, and 2-bedroom apartments
- Ownership Type: Freehold
Amenities in Waves Tower
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
Location & Transportation of Waves Tower
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 in Waves Tower
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.
Price Insights
Average prices
| Type | Avg. Price (AED/ year) |
|---|---|
| Studio | 74,000 |
| 1 Bedroom | 112,000 |
| 2 Bedrooms | 176,000 |
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) |
|---|---|---|---|---|---|
| 7 Jan 2026 - 6 Jan 2027 | 120,000 | New | Apartment | 1 Bed | 1056.05 |
| 6 Jan 2026 - 5 Jan 2027 | 105,000 | New | Apartment | 1 Bed | 939.15 |
| 7 Jan 2026 - 6 Jan 2027 | 85,000 | New | Apartment | 1 Bed | 760.47 |
| 6 Jan 2026 - 5 Jan 2027 | 96,000 | New | Apartment | 1 Bed | 643.79 |
| 6 Jan 2026 - 5 Jan 2027 | 80,000 | New | Apartment | 1 Bed | 880.38 |
| 6 Jan 2026 - 5 Jan 2027 | 100,000 | New | Apartment | 1 Bed | 667.58 |
| 6 Jan 2026 - 5 Jan 2027 | 120,000 | New | Apartment | 1 Bed | 705.47 |
| 7 Jan 2026 - 6 Jan 2027 | 110,000 | Renewed | Apartment | 1 Bed | 979.51 |
| 6 Jan 2026 - 5 Jan 2027 | 61,000 | Renewed | Apartment | 1 Bed | 756.92 |
| 5 Jan 2026 - 5 Jan 2027 | 80,000 | New | Apartment | 1 Bed | 470.92 |
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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FAQs
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.
