Blue Waves Tower

Key facts

Handover (past)

Q1 2023

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Cafe and Restaurants
• Health Club
• Gymnasium
• Retail Facilities
• Community Park
• Built in Wardrobes
• Kitchen Appliances
• View of Water
• Shared Gym
• Central A/C
• Children's Pool
• Children's Play Area
• Barbecue Area
• Lobby in Building
• Shared Pool
• Security
• Concierge
• Covered Parking

Location

Blue Waves Tower sits in Blue Waves Tower.

Master plan

The developer’s own site plan for Blue Waves Tower, showing how the buildings, roads and open space sit together.

How Blue Waves Tower compares

Entry here is AED 456,342, against a median of AED 659,000 across the 85 priced projects in Dubai Land Residence Complex, which puts it above 3 of them and below 81. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q1 2023, alongside 31 other projects completing in the same quarter. Tiger Properties has 17 projects in our catalogue, 2 of them in Dubai Land Residence Complex.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 30% during construction, 10% at handover and 50% after handover. At the AED 456,342 entry price, that is AED 46,000 to reserve a unit, AED 137,000 across the build, and AED 46,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 18,000 at this entry price. That 10% booking payment does not go to Tiger Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 671 square feet at AED 456,342, which works out at AED 680 per square foot. Stated sizes run from 671 to 1,295 square feet.

Handover and construction

Blue Waves Tower handed over in Q1 2023.

Ownership and residency

Blue Waves Tower is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in studio to 2 bedroom layouts.

What is on site

Shared facilities recorded for Blue Waves Tower lead with cafe and restaurants, health club, retail facilities, community park, built in wardrobes, kitchen appliances, view of water and shared gym, alongside the gymnasium, children's play area, barbecue area, shared pool and security that most Dubai developments carry. 5 further facilities are listed in the full spec. 3 floor plans are published for it.

Frequently asked