DAMAC The Waves, Dubai Marina

DAMAC The Waves, Dubai Marina

HIGHLIGHTS

About DAMAC The Waves, Dubai Marina

DAMAC The Waves is a twin-tower residential project in Dubai Marina. It was the second project completed by DAMAC Properties in the waterfront community in 2006. The Waves Tower A has 27 floors while Waves Tower B has only 10 floors. There are 247 residential units in the complex in total.

Residents of DAMAC The Waves, Dubai Marina have access to various amenities. Besides enjoying mesmerising views of the stunning marina, they are never away from cafes, restaurants and retail outlets. Those looking for retail therapy will find Dubai Marina Mall at a 5-minute drive away.

The Waves by DAMAC Dubai Marina offers 1 to 3-bedroom apartments and duplex penthouses. DMCC Metro Station is within walking distance of The Waves Tower Dubai Marina. Also, residents with private vehicles would be pleased with direct access to Sheikh Zayed Road (E11) which connects to key neighbourhoods in Dubai.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai Marina
  • Developer: DAMAC Properties
  • Date of completion: 2006
  • Number of floors: Waves A 27 floors and Waves B 10 floors
  • Number of units: 247 units
  • Unit type: 1, 2 and 3-bedroom apartments and 4-bed duplex penthouses
  • Type of ownership: Freehold
  • Amenities: Podium with tennis court, luxury swimming pool with sun deck, kid’s play area, Residents Lounge, steam and sauna, spa and BBQ area

BUILDING DETAILS

Facilities in DAMAC The Waves

Parking

There is covered parking in DAMAC The Waves, Dubai Marina. Each unit gets at least one parking space. Guests and visitors would have to settle for street parking.

Elevators

There are multiple high-speed  elevators in DAMAC Waves, Dubai Marina.

Security, Central Air-Conditioning and Maintenance Services 

The tower has security staff and electricity backup. Residents would have to pay yearly district cooling charges, depending on their contract. Emaar’s own plant is responsible for providing district cooling services.

Gym and Fitness Facilities 

There is a well-equipped gym in The Waves Building, Dubai Marina. The building has a large luxury swimming pool where residents can unwind after a tiring day. Fitness facilities also include steam and sauna rooms. One can have ultimate relaxation while enjoying the community views as there is a Jacuzzi on the rooftop.

Lifestyle Amenities

Lifestyle amenities include a luxurious Residents lounge and a spa with sauna and steam rooms. You can also enjoy a barbecue dinner with your family at the barbecue area. Residents can also take part in sports as there is a tennis court within the tower. Little ones can remain busy in the colourful kid’s play area.

Concierge and Guest Services 

There is a spacious lobby in DAMAC The Waves to welcome guests and visitors. 24-hour concierge services and help desk can assist residents and guests if needed.

Pet-friendly

Furry balls are welcomed as the building complex is pet-friendly.

DAMAC The Waves Floor Plan

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. Residents and investors can find the unit type and bed type by browsing DAMAC The Waves floor plans.

Apartment Types in DAMAC The Waves by DAMAC

DAMAC The Waves has 247 residential units in total. Interested buyers and tenants will find 1, 2 and 3-bedroom apartments in both towers. Similarly, those searching for more spacious, luxury units can check out duplex penthouses in the complex.

1-Bedroom Apartments in DAMC The Waves

1-bedroom flats in the complex have covered areas ranging from 850 sq. ft. to 1,328 sq. ft. These apartments have a bright interior, large floor-to-ceiling windows, two bathrooms, a fully fitted kitchen and a large balcony offering views of the artificial marina and the skyline.  

2-Bedroom Apartments in DAMAC The Waves

2-bedroom apartments are also quite spacious, with the covered area ranging from 1,200 sq. ft. to 2,734 sq. ft. These flats have three bathrooms, a maid’s room, a large balcony and a fully equipped kitchen.

3-Bedroom Apartments in DAMAC The Waves

3-bedroom apartments in The Waves by DAMAC cover 1,929 sq. ft. to 2,152 sq. ft. These apartment types usually have up to five bathrooms, a maid’s room, a balcony and a fitted kitchen.

Penthouses in DAMAC The Waves

3 and 4-bedroom duplex penthouses in the complex offer views of the Dubai Marina from the terrace. They have covered areas exceeding 3,800 sq. ft. and come with spacious bedrooms, up to five bathrooms, a maid’s room, a terrace and a fully fitted, open-style kitchen. Three bedrooms are usually found on the lower level along with the kitchen.

Most Popular Apartment Types in DAMAC The Waves

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

According to searches on Bayut, the most popular apartment types in DAMAC The Waves are the 1-bedroom apartments. 3-bedroom flats secure the second spot and 2-bedroom apartments are third on the list.  

Apartments for rent in DAMAC The Waves attract a lot of tenants and apartments for rent in Dubai Marina are no different.

One can consider apartments for sale in DAMAC The Waves when searching for similar Dubai Marina apartments for sale

Rental Yield in The Waves

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

The return on investment in DAMAC The Waves is the highest for a 1-bedroom unit – 6.17%. 2-bedroom apartments offer a 6.09% ROI, and 3-bedroom apartments generate a 5.47% yield.

Service Charges in DAMAC The Waves

GENERAL FUND
PRICE PER SQ. FT. IN AED
GENERAL FUND
Services
General upkeep of the building
PRICE PER SQ. FT. IN AED
3.29
GENERAL FUND
Maintenance
General repairs and replacements
PRICE PER SQ. FT. IN AED
3.81
GENERAL FUND
Utilities Services
Charges for using DEWA/district cooling facilities and meters
PRICE PER SQ. FT. IN AED
4.23
GENERAL FUND
Management Services
Owner’s association charges for managing the property
PRICE PER SQ. FT. IN AED
0.87
GENERAL FUND
Insurance
Charge for the insurance of the building
PRICE PER SQ. FT. IN AED
0.60
GENERAL FUND
Master Community
Fees for communal facilities in the neighbourhood
PRICE PER SQ. FT. IN AED
0.54
GENERAL FUND
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
PRICE PER SQ. FT. IN AED
1.11
GENERAL FUND
Total
PRICE PER SQ. FT. IN AED
14.45
ADDITIONAL SERVICES
PRICE PER SQ. FT. IN AED
ADDITIONAL SERVICES
Unit A/C (Charges)
PRICE PER SQ. FT. IN AED
2.56

These figures are based on the services charges for DAMAC The Waves* as per the Dubai Land Department. There are many different types of Dubai service charges index. Read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near DAMAC The Waves

There are multiple modes of transportation near DAMAC The Waves.

Bus Stations near DAMAC The Waves

Jumeirah Beach Residence 2, Bus stop is a 10-minute walk from the residential building served by Bus 8, Bus 84 and Bus N55.

Metro Stations near DAMAC The Waves

DMCC Metro Station is an 11-minute walk from DAMAC The Waves, Dubai Marina. The station lies on the Red Line of Dubai Metro.

Entrance of DMCC Metro Station in Dubai Marina
DMCC is one of the two metro stations in Dubai Marina

Tram Stations near DAMC The Waves

One can find Jumeirah Beach Residence 2 Tram Station at an 8-minute walk from Wave Tower, Dubai Marina.

Restaurants near DAMAC The Waves

restaurants in Waves Tower Dubai Marina
Terqwaz Blue in Waves Tower B offers Lebanese cuisine

Wing Stop (fast food) and Terqwaz Blue are situated on the ground floor of the complex.

Wing Stop Restaurant
Wing Stop is a fast food restaurant

Other restaurants near The Waves, Dubai Marina are: 

  • Le Pirate (European cuisine)
  • The Hideout Dubai (English cuisine, bar)
  • Cafe Khachapuri (Georgian cuisine)

 These eateries are less than a 3-minute walk from the complex.

If you are looking for a fine dining experience, head to any of the popular restaurants in Pier 7:

  • Atelier M
  • Asia Asia Restaurant & Lounge
  • Mama Zonia

Pier 7 houses six fantastic fine dining restaurants offering a variety of cuisines. The venue is a 5-minute drive from The Waves, Dubai Marina.

pier 7 building in Dubai Marina
Pier 7 is Dubai Marina’s premiere fine dining destination

Supermarkets near DAMAC The Waves

Most supermarkets near The Waves, Dubai Marina, are within walking distance of the complex. These include:

  • Al Maya Supermarket
  • W Mart Supermarket
  • Spinneys

Al Maya Supermarket in Dream Tower 1 and W Mart Supermarket are both within walking distance of the towers. Carrefour Market is located in Sparkle Towers. Spinneys, which is one of the best supermarkets in Dubai, and Fresh Berry Supermarkets also add up to the numerous retail options available within the area.

NEARBY BUILDINGS

There are many buildings near The Waves, Dubai Marina.

Zumurud Tower offers studios, 1, 2 and 3-bedroom units and 4-bedroom penthouses. Dream Tower 1 is one of the two residential buildings in the Dream Tower complex. It offers 1 and 2-bedroom apartments as well as 5-bedroom penthouses.

Major Landmarks

Residents would never get bored thanks to the sheer number of outdoor activities to do in Dubai Marina. The list of landmarks near the complex includes:

  • Dubai Marina Mall
  • Dubai Marina Walk
  • Skydive Dubai

Dubai Marina Mall is a leading shopping and entertainment destination in the city. There are over 140 local and international stores in Dubai Marina Mall. The shopping complex is a 14-minute walk from The Waves Tower, Dubai Marina.

Dubai Marina Mall
The view of Dubai Marina Mall

Dubai Marina Walk is a vibrant paved walkway having around 305 shopping outlets and 69 dining places. The leisure spot is a 10-minute drive from the building.

Skydive Dubai is a skydiving centre at a 13-minute drive from Wave Tower, Dubai Marina.

THINGS TO CONSIDER

The Waves by DAMAC offers all the benefits of living in Dubai Marina. Although residents enjoy comfort and luxury along with exciting apartment choices, traffic congestion in the area can cause minor inconveniences.

Are you looking to buy or rent apartments in The Waves?

RATINGS & REVIEWS

Reviews are not available currently for this building

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