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Wavez Residence

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

296 tenancies naming Wavez Residence were registered in the last twelve months, below.

McCone Properties

Sam McCone

Sam McCone

Managing Partner

Renting in Wavez Residence? Our team can walk you through what these numbers mean for you.

Community
Liwan
Handed over
2023 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2019 — an off-plan sale
Sales on record
563 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
75% — 423 bought off-plan from the developer, 140 resales of a completed home

Every recorded sale in Wavez Residence — prices, sizes and the year it was handed over →

What Wavez Residence's neighbours let for — every tower in Liwan the register names, ranked →

Living in Liwan — the area guide →

What a home in Wavez Residence returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 101
a year · 296 contracts here, 12 months
Mean AED 101 a year
Gross yield
8.9%
Studio · its own rents over its own sale prices
Recorded sale price
AED 1,240
per sq ft · 563 sales on record
Handed over
2023
Derived from the register

Recorded rents

What Wavez Residence rents for, by layout

Tenancies registered with Ejari that name Wavez Residence, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
Studio407 sqft42,00042,076103256
1 B/R668 sqft59,00057,7118840

Layouts with fewer than five contracts in the year are left out. 1,036 contracts name this building on the register since 2023.

For comparison

Recorded rents in Liwan

How Wavez Residence sits against its community. The full Liwan rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio40,00039,93442,00036,75096672
1 B/R51,00051,92955,00047,124692,609
2 B/R74,00076,79278,00067,000651,156
3 B/R97,000121,43997,00097,30050135
5 B/R210,000222,802225,000205,00087107
4 B/R217,554231,231220,000205,0004650

Rent against price

Gross yield in Wavez Residence

This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
1 B/R88This building · 401,0998%
Studio103This building · 2561,1558.9%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Every tenancy, as registered

Recent contracts in Wavez Residence

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
21 Oct 2026Studio40740,000Renewal
21 Oct 2026Studio40637,000Renewal
20 Oct 2026Studio40736,000New lease
17 Oct 2026Studio40536,000Renewal
16 Oct 20261 B/R66953,000Renewal
16 Oct 2026Studio40544,000Renewal
15 Oct 2026Studio40540,000New lease
11 Oct 2026Studio40741,000Renewal
11 Oct 20261 B/R66963,000Renewal
10 Oct 2026Studio40740,000New lease
10 Oct 2026Studio40539,000Renewal
10 Oct 2026Studio39940,000New lease

How often it lets

Contracts per year

New tenancies and renewals naming Wavez Residence, stacked.New leaseRenewal

239
313
293
191
2023202420252026

191 contracts in 2026 so far. The 2026 bar is part-year.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.

Nearby

What else to look at in Liwan

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Empire Lake viewnewest56220251,614
Ayat Park Viewnewest5520261,045
Confident Lancaster8020241,041
Karma by Vision10320241,003
Platinum By Vision1152024988
Vision 11052024941
Mazaya 52002017768
Farah Tower 1992009750
Mazaya 301012009732
Mazaya 71592010724

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into Wavez Residence? Ejari, the DEWA move-in and your Makani number, explained.

Questions about Wavez Residence? Our team is a message away.

Sam McCone

Sam McCone

McCone Properties