2 bedroom, WAVES Tower by Kasco
Dubai, Business Bay, WAVES Tower by Kasco
18-min walk
30.06.2025
ROI:
5,35%
($4 888/sqm)
AED 2 375 000
Unit price:
$650 685
11,20%
Price growth rate per year:
Total investment amount:
$716 686
  • Unit price: $650 685
  • Preparation for delivery (including
furnishing, repairs): $13 699
  • Commission: $13 014
  • DLD fee payment: $26 186
  • Transaction registration: $1 151
  • Legal support of the transaction:
$2 192
  • Manager cheque (if necessar):
$9 760
Expenses per year:
$24 052
  • Service charge: $6 282
  • Utilities: $1 973
  • Internet: $1 266
  • AC: $2 959
  • AC maintenance: $329
  • Management fee: $11 244
Calculations:
ROI:
5,35%
Rental income per year:
$62 466
Annual yield (rent + growth in value):
16,55%
About the unit:
Total area
133 sqm
Waves Tower by Kasco is a 23-storey residential tower from individual developers Moufaq Alkaissi and Ahmed Al Janab, built in 2022.

10 minutes by car to Dubai Mall, 3 minutes walk to the bus stop.



2022
Year of delivery
9 / 23
Floor
2
Rooms
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
  • 2 master bedrooms
  • 3 bathrooms
  • 1 balcony
  • Area: 133 sq m
  • Floor 9 (of 23)
  • Unfurnished
  • Canal view
  • 1 parking space
  • Vacant
Tower features:
  • Pool
  • Sunbathing and relaxation area
  • Gym
  • Lobby lounge
Business Bay is a constantly evolving and one of the most fashionable areas of Dubai.

Business Bay is located between the Dubai Water Canal and the Downtown area, close to metro stations and major transport arteries, and a few minutes' drive from the airport, Dubai Design District, DIFC International Financial Center and DWTC World Center.

The infrastructure of each area includes everything necessary for work and comfortable living - modern offices, gyms, restaurants, swimming pools and shopping malls.

There are many kindergartens in this area: Kolibri, Maple Bear, Blossoms, Churchill Towers; and schools: Jumeirah and Safa, Al Quoz, GEMS and Gems Wellington.

One of the best hospitals in the area, Emirates Hospital Clinic, is famous for its excellent diagnostics and professional specialists.

The main attractions of Business Bay are the multifunctional complex Al Habtoor City, the unique aquatheatre La Perle, as well as many panoramic lounges with excellent views of the world's tallest skyscraper Burj Khalifa.

Business Bay has previously become the best investment real estate site in Dubai. Housing prices in this area have grown by 17% in 2 years - this is one of the highest growth rates in the Dubai real estate market.
Discover the transformation of the apartments after Colife team's work


Selecting a liquid unit
The main mission of Colife Invest is real estate management. We are dedicated to assisting you in buying property that will be in high demand and rented out without any vacancies.
We take care of every step on the way

Maximizing the rent price for your apartment
We promote each unit and provide additional services for tenants, resulting in faster rentals even during the off-season.

Accompanying the transaction
We provide full support during the entire transaction process, from transferring funds to overseeing the signing of all documents. You do not have to be physically present in Dubai: everything can be done remotely.
We pay you passive income from 6% (net) annually
You can reside in any country. Your unit is fully serviced, from its delivery to addressing the tenants' daily issues. We provide you with a financial report and transfer income in any convenient way.
Renovating and furnishing the apartment
We have prepared more than 700 apartments for rent and know how to create interior designs quickly and affordably that tenants will be fond of.

Sell the unit if you decide to secure the profitability
We keep track of analytics for all our investors' properties. When we notice a value increase of more than 30%, we offer to secure the profit with full sales support.