Wavez Residence, Liwan 1: sale prices and transactions
Wavez Residence is a project registered with the Dubai Land Department (project no. 2175) in Liwan 1. Since September 2019, 564 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 35 sales closed at a median AED 13,342 per m² (AED 1,240 per sq ft).
- AED 13,342median price per m²
- AED 1,240median price per sq ft
- 564sales since 2019
- 35sales in 12 months
- +5%change year on year
Its price per m² is in line with the Liwan 1 median (AED 12,971/m²). Most sales (75%) were registered off-plan: the project was sold before completion.
Wavez Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 26 | AED 512,500 | 38 m² |
| Apartment · 1 bedroom | 9 | AED 790,000 | 62 m² |
Wavez Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 137 | AED 9,399 | AED 873 | — |
| 2020 | 217 | AED 9,286 | AED 863 | -1.2% |
| 2021 | 44 | AED 9,625 | AED 894 | +3.7% |
| 2022 | 7 | AED 8,941 | AED 831 | -7.1% |
| 2023 | 52 | AED 9,862 | AED 916 | +10.3% |
| 2024 | 57 | AED 11,491 | AED 1,068 | +16.5% |
| 2025 | 21 | AED 13,752 | AED 1,278 | +19.7% |
| 2026 (to mid-October) | 29 | AED 13,221 | AED 1,228 | -3.9% |
Wavez Residence rents
305 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 8.2%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 263 | AED 42,000 | 39,000 – 45,000 | AED 43,000 |
| Apartment · 1 bedroom | 42 | AED 60,000 | 54,750 – 60,000 | AED 60,000 |
Location
- Landmark: IMG World Adventures
Neighbouring projects in Liwan 1
Same price per m² elsewhere in Dubai
- Q Gardens Boutique Residences, Arjan — AED 13,336/m²
- Reportage Village 1, Wadi Al Safa 7 — AED 13,342/m²
- Diamond Views 4 - Villas B, Jumeirah Village Circle — AED 13,334/m²
- Bliss Tower, Dubai Land Residence Complex — AED 13,349/m²
Other projects in Liwan 1
- Celine By Vision — AED 13,198/m²
- Symbolic Alpha — AED 13,534/m²
- Symbolic Altus — AED 13,728/m²
- Alma Gardens — AED 12,850/m²
- Reem by vision — AED 12,148/m²
- Albero by ORO24 — AED 14,805/m²
- Karma — AED 11,855/m²
- Platinum by vision — AED 11,210/m²
Liwan 1 property prices · Liwan 1 rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Wavez Residence?
Over the last 12 months the median is AED 1,240 per sq ft (AED 13,342 per m²) across 35 DLD sales.
How much is a studio at Wavez Residence?
Median sale price AED 512,500 for a median 38 m², across 26 sales over the last 12 months.
How many sales have been registered at Wavez Residence?
564 residential sales registered with the DLD between September 2019 and October 2026, 75% of them off-plan.
Where is Wavez Residence?
In Liwan 1 (DLD area Wadi Al Safa 2), Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.