Project · Transactions · 2024

Wavez Residence Property Transactions 2024

58 property sales worth ⃃ 28.68M were registered in Wavez Residence in 2024, 9.4% lower than 2023 by number of sales. The median sale price was ⃃ 450,000 and the median price per square foot ⃃ 1,068 (+13.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 58 salesUpdated: 13 Nov 2026
Property sales
58
−9.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 28.68M
−45.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 450,000
+18.0% vs 2023
58 sales
Median price per sq ft
⃃ 1,068
+13.8% vs 2023
58 sales

What types of property sold in Wavez Residence in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5798.3%⃃ 27.78M⃃ 450,000⃃ 1,068
Commercial11.7%⃃ 898K⃃ 898,000⃃ 1,502

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)11.7%⃃ 898K⃃ 898,000⃃ 1,502
Resale (secondary)5798.3%⃃ 27.78M⃃ 450,000⃃ 1,068
Ready58100%⃃ 28.68M⃃ 450,000⃃ 1,068

How many rental contracts were registered in Wavez Residence in 2024?

290 rental contracts (new and renewed) were registered in Wavez Residence in 2024, at a median annual rent of ⃃ 40,000 (+11.1% on 2023). Rental yields in Wavez Residence

What were the most expensive property sales in Wavez Residence in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/11/2024Wavez ResidenceCommercial598 sq ft⃃ 898,000Primary · Ready
08/10/2024Wavez Residence1 bed · Apartment668 sq ft⃃ 802,000Resale · Ready
18/10/2024Wavez Residence1 bed · Apartment669 sq ft⃃ 740,000Resale · Ready
29/03/2024Wavez Residence1 bed · Apartment668 sq ft⃃ 730,000Resale · Ready
10/01/2024Wavez Residence1 bed · Apartment665 sq ft⃃ 710,000Resale · Ready
17/10/2024Wavez Residence1 bed · Apartment668 sq ft⃃ 709,000Resale · Ready
16/12/2024Wavez Residence1 bed · Apartment666 sq ft⃃ 705,000Resale · Ready
25/09/2024Wavez Residence1 bed · Apartment668 sq ft⃃ 698,000Resale · Ready
05/01/2024Wavez Residence1 bed · Apartment665 sq ft⃃ 690,000Resale · Ready
01/02/2024Wavez Residence1 bed · Apartment669 sq ft⃃ 680,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024Wavez ResidenceStudio · Apartment407 sq ft⃃ 480,000Resale · Ready
23/12/2024Wavez ResidenceStudio · Apartment407 sq ft⃃ 510,000Resale · Ready
16/12/2024Wavez Residence1 bed · Apartment666 sq ft⃃ 705,000Resale · Ready
13/12/2024Wavez ResidenceStudio · Apartment403 sq ft⃃ 445,000Resale · Ready
09/12/2024Wavez ResidenceStudio · Apartment406 sq ft⃃ 470,000Resale · Ready
26/11/2024Wavez ResidenceStudio · Apartment407 sq ft⃃ 490,000Resale · Ready
18/11/2024Wavez ResidenceStudio · Apartment407 sq ft⃃ 520,000Resale · Ready
11/11/2024Wavez ResidenceStudio · Apartment405 sq ft⃃ 440,000Resale · Ready
11/11/2024Wavez ResidenceCommercial598 sq ft⃃ 898,000Primary · Ready
08/11/2024Wavez ResidenceStudio · Apartment399 sq ft⃃ 485,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/wavez-residence/2024
Wavez Residence Property Transactions 2024. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/wavez-residence/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Wavez Residence in 2024?
58 property sales worth ⃃ 28,680,480 were registered in Wavez Residence in 2024. That is 9.4% lower than 2023.
What was the median property price in Wavez Residence in 2024?
The median sale price was ⃃ 450,000 and the median price per square foot ⃃ 1,068 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Wavez Residence were off-plan or from developers?
Developer (primary) sales were 1.7% of the 58 sales and resales 98.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/wavez-residence/2024