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Dubai project data

Wavez Residence: sale prices and rents

ويفز رزيدنس

Registered sales and rent contracts for the project Wavez Residence in Wadi Al Safa 2, from Dubai Land Department open data.

Wavez Residence (Wadi Al Safa 2): 37 registered sales in the 12 months to September 2026, median AED 1,246 per sq ft, gross rental yield 8.09%. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
37
+12.1% vs previous 12 months
Median price per sq ft
AED 1,246 per sq ft
+5.6% vs previous 12 months
Median sale price
AED 530,000
Off-plan share of sales
under 3
Registered rent contracts
323
Median annual rent
AED 42,000
Gross rental yield
8.09%
Mortgage registrations
20
Units in the register
434

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in Wavez Residence

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready37AED 1,246 per sq ft1,185 – 1,326

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in Wavez Residence

Registered rent contracts
323
Median annual rent
AED 42,000
Middle range of registered annual rents: AED 40,000 – AED 46,000
Median annual rent per sq ft
AED 100 per sq ft
Gross rental yield
8.09%

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in Wavez Residence

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio26AED 1,252 per sq ftAED 42,000under 30 sales (26)
1 bedroom8AED 1,185 per sq ftAED 57,000under 30 sales (8)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in Wavez Residence

MonthSalesMedian per sq ftRent contracts
Oct 20247AED 1,116 per sq ft85
Nov 20246AED 1,204 per sq ft83
Dec 20245AED 1,158 per sq ft34
Jan 2025under 3under 323
Feb 2025under 3under 321
Mar 20253AED 1,203 per sq ft17
Apr 20253AED 1,306 per sq ft10
May 20253AED 1,302 per sq ft12
Jun 2025under 3under 39
Jul 2025under 3under 312
Aug 2025under 3under 39
Sep 2025under 3under 320
Oct 2025under 3under 365
Nov 20254AED 1,278 per sq ft68
Dec 2025under 3under 328
Jan 20265AED 1,278 per sq ft19
Feb 20264AED 1,229 per sq ft21
Mar 20265AED 1,229 per sq ft16
Apr 2026under 3under 39
May 20263AED 1,278 per sq ft14
Jun 2026under 3under 322
Jul 20264AED 1,126 per sq ft14
Aug 20264AED 1,463 per sq ft19
Sep 20263AED 1,106 per sq ft28
Sales per calendar year
YearSalesMedian per sq ft
2019135AED 874 per sq ft
2020216AED 863 per sq ft
202138AED 895 per sq ft
20226AED 813 per sq ft
202347AED 924 per sq ft
202458AED 1,068 per sq ft
202521AED 1,278 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

Wavez Residence is a project in the DLD area Wadi Al Safa 2.

Figures for Wadi Al Safa 2

Names as in the registered transactions and rent contracts; company names are not shown.

Buildings in Wavez Residence

  • WAVEZ RESIDENCE 37 registered transactions and rent contracts in 12 months.

More projects in Wadi Al Safa 2

Questions about Wavez Residence

How many sales were registered in Wavez Residence?
37 sales were registered in Wavez Residence in Oct 2025 – Sep 2026.
What is the median price per sq ft in Wavez Residence?
The median price of registered sales in Wavez Residence was AED 1,246 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in Wavez Residence?
The median annual rent of registered rent contracts in Wavez Residence was AED 42,000 in Oct 2025 – Sep 2026.
What is the gross rental yield in Wavez Residence?
The gross rental yield of ready properties in Wavez Residence was 8.09% in Oct 2025 – Sep 2026, before costs and vacancy.
Which DLD area is Wavez Residence in?
Wavez Residence is registered in the Dubai Land Department area Wadi Al Safa 2.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae