Waves Tower

P1 — Delivered Ready Primary
Developer KASCO Properties
Community Business Bay
Property type Apartment
Data updated Feb 25, 2026

Waves Tower is a Delivered development by KASCO Properties in Business Bay. 163 units across Studio (37%), 1 Bedroom (37%), 2 Bedroom (26%). Over the trailing 12 months, 196 sales at a median of AED 1,480,000.

Key Metrics
Median Price
Value
AED 1,480,000
Change
24.1% YoY
Transactions
Value
196
Change
12 in period
Price / sqft
Value
AED 1,723
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,480,000
↓ 24.1% YoY
Transactions
196
↑ 12 in period
Price / sqft
AED 1,723
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
10.0%
Holding Period
Value
2.0 yrs
Liquidity
Value
6.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
38.4%
Capital Return
10.0%
Holding Period
2.0 yrs
Liquidity
6.1%
Ready Market Mix
0.0%
Rental Activity
38.4%

Rental Performance

Rental Volume
Value
287
Avg Annual Rent
Value
AED 96,873
New Leases
Value
74.9%
Renewals
Value
25.1%
Rental Volume
287
Avg Annual Rent
AED 96,873
New Leases
74.9%
Renewals
25.1%

Unit Mix

By bedroom type
Studio 60 units · 37%
1 Bedroom 60 units · 37%
2 Bedroom 43 units · 26%

Transaction Breakdown

All time — 196 transactions
Ready Primary
160
Ready Secondary
36

Price History

Median Price — Waves Tower

Median prices in Waves Tower have trended upward, rising 9% to AED 1.0M over the past 6 months.

Recent Transactions

Showing last 10 of 196
Date Type Price (AED) Size (sqft) AED/sqft
Feb 25, 2026 RP Secondary 1,000,000 429 2,329
Jan 30, 2026 RP Secondary 860,000 486 1,766
Jan 26, 2026 RP Secondary 2,260,000 1,428 1,582
Jan 26, 2026 RP Secondary 2,400,000 1,432 1,675
Jan 12, 2026 RP Secondary 2,450,000 1,579 1,551
Dec 09, 2025 RP Secondary 2,350,000 1,432 1,640
Dec 05, 2025 RP Secondary 920,000 417 2,201
Dec 03, 2025 RP Secondary 1,385,000 839 1,649
Oct 24, 2025 RP Secondary 2,400,000 1,428 1,680
Jun 30, 2025 RP Secondary 1,575,000 839 1,876

This project is in Business Bay

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Business Bay analysis →