THE WAVES FZ-LLC · Selling since 2009 · recent sales mostly resales

AED 1,020/sqft
+10.4%
AED 1,223,516
AED 636,413 to AED 2,234,134, from 17.3 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Lakeside — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Lakeside over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Lakeside itself; the rest are homes of the same size in Jumeirah Golf, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 395K | AED 36,000/yrthis building · 593 new lets | 9.1% | 137 |
| 1 bed | AED 590K | AED 52,000/yrthis building · 183 new lets | 8.8% | 50 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 10.0% instead of 9.1%, because it prices the home at AED 360K — the median across every sale on record — rather than the AED 395K it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 15/sqft, as filed with the Land Department. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 5,654 | AED 30,346 | 9.1% | 7.7% |
| 1 bed | AED 10,517 | AED 41,483 | 8.8% | 7.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Jumeirah Golf median
-23.9%
Priced at or below the area's real median.
Developer track record
3,982 real transactions
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
1.8 km
Kinderopvang smallsteps leidsche rijn
621 m
Carrefour City Centre Meaisem
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.