Wavez Residence

P1 — Delivered Off-Plan Primary
Developer Danube Properties
Community Liwan
Property type Apartment
Data updated Mar 25, 2026

Wavez Residence is a Delivered development by Danube Properties in Liwan. 414 units across Studio (82%), 1 Bedroom (18%). Over the trailing 12 months, 560 sales at a median of AED 530,000.

Key Metrics
Median Price
Value
AED 530,000
Change
17.8% YoY
Transactions
Value
560
Change
32 in period
Price / sqft
Value
AED 1,278
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 530,000
↑ 17.8% YoY
Transactions
560
↑ 32 in period
Price / sqft
AED 1,278
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
18.6%
Holding Period
Value
1.4 yrs
Liquidity
Value
7.7%
Price Dispersion
Value
8.6%
Ready Market Mix
Value
0.0%
Rental Activity
Value
59.9%
Capital Return
18.6%
Holding Period
1.4 yrs
Liquidity
7.7%
Price Dispersion
8.6%
Ready Market Mix
0.0%
Rental Activity
59.9%

Rental Performance

Rental Volume
Value
939
Avg Annual Rent
Value
AED 51,074
New Leases
Value
67.5%
Renewals
Value
32.5%
Rental Volume
939
Avg Annual Rent
AED 51,074
New Leases
67.5%
Renewals
32.5%

Unit Mix

By bedroom type
Studio 338 units · 82%
1 Bedroom 76 units · 18%

Transaction Breakdown

All time — 560 transactions
Off-Plan Primary
413
Off-Plan Secondary
21
Ready Primary
1
Ready Secondary
125

Price History

Median Price — Wavez Residence

Median prices in Wavez Residence have softened, declining 14% to AED 505K over the past 11 months.

Recent Transactions

Showing last 10 of 560
Date Type Price (AED) Size (sqft) AED/sqft
Mar 25, 2026 RP Secondary 550,000 407 1,349
Mar 25, 2026 RP Secondary 505,000 406 1,240
Mar 09, 2026 RP Secondary 730,000 668 1,092
Mar 06, 2026 RP Secondary 500,000 406 1,228
Mar 03, 2026 RP Secondary 304,570 262 1,159
Feb 23, 2026 RP Secondary 800,000 669 1,195
Feb 11, 2026 RP Secondary 500,000 406 1,229
Feb 10, 2026 RP Secondary 525,000 405 1,293
Feb 06, 2026 RP Secondary 550,000 398 1,378
Jan 30, 2026 RP Secondary 520,000 406 1,278

This project is in Liwan

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