YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Short Term Rentals in Blue Wave Tower
Blue Wave Tower, developed by Tiger Properties in Wadi Al Safa 5 (Dubai Land Residence Complex), completed in early 2023: location, amenities, unit types, and honest short-term rental income context from Royale Stays.
Floors
17
Developer
Tiger Properties
Completed
2023
Units
Studio-2BR
Area
Wadi Al Safa 5, Dubailand
About Blue Wave Tower
Blue Wave Tower, developed by Tiger Properties in Wadi Al Safa 5, part of the wider Dubai Land Residence Complex in Dubailand, is a 17-storey residential building holding 559 apartments across a studio through two-bedroom mix. There is no three-bedroom option in the building. Construction began in November 2019, and the building reached completion in early 2023.
Some property portals list what appears to be this same building under the closely related name 'Blue Wave Residence' (singular, without 'Tower'), with slightly different figures, 24 storeys and 558 units rather than 17 floors and 559 units. Royale Stays treats this as the same building referenced under an alternate listing name with some data drift, rather than a separate property, and uses the developer's own confirmed figures (17 floors, 559 units) throughout this guide rather than the conflicting portal numbers.
Unit sizes vary meaningfully across sources: studios run roughly 380 to 670 square feet, one-bedroom apartments roughly 700 to 830 square feet, and two-bedroom apartments roughly 980 to 1,300 square feet. These are presented as ranges rather than fixed figures because available listings disagree on the exact numbers.
Location & Nearby Landmarks
Blue Wave Tower sits in Wadi Al Safa 5, a residential pocket of the Dubai Land Residence Complex in Dubailand. This is honestly a secondary residential node rather than an area close to central Dubai's major landmarks, and this guide describes it as such rather than overstating its centrality.
Zayed University is around five minutes away by car, and the wider Dubai Silicon Oasis community sits nearby. City Centre Mirdif is roughly a 10-minute drive, and Dubai International Airport is approximately 15 to 20 minutes away. IMG Worlds of Adventure and Global Village are both roughly 20 to 25 minutes by car, and Dubai Outlet Mall and GEMS First Point School are also within reasonable driving distance of the building.
Wadi Al Safa 5 and the wider Dubailand area do not yet have a dedicated Royale Stays area guide. Owners comparing this location against areas that do can review Royale Stays' overview of how Airbnb management is approached across Dubai's different neighbourhoods while a Dubailand-specific guide is developed.
Unit Types
Blue Wave Tower offers a studio through two-bedroom apartment mix across its 559 units, with no three-bedroom layout available. Studios run roughly 380 to 670 square feet, one-bedroom apartments roughly 700 to 830 square feet, and two-bedroom apartments roughly 980 to 1,300 square feet, presented as ranges since sources vary. No floor-plan diagrams are included in this guide: floor plans are typically the developer's or broker's proprietary material and have not been independently verified for reproduction here.
Amenities
Blue Wave Tower offers a shared swimming pool (described by one source as an infinity pool), a fully equipped gymnasium, a children's play area and kids' pool, and 24-hour security with CCTV coverage throughout the building. High-speed elevators and central air conditioning serve all units, and the building has a staffed lobby and reception area.
Covered and underground parking is available, with one source citing capacity for approximately 500 vehicles. Additional amenities include barbecue areas, a jogging track, a multipurpose community room, and concierge service. A restaurant, clubhouse or spa may also be present, but these are reported by fewer sources and are not stated here with the same confidence as the amenities above.
Transportation & Access
No Dubai Metro station currently sits within walking distance of Blue Wave Tower. The nearest planned station, Dubai Silicon Oasis Metro Station, is still under construction and would be roughly a 10-minute drive away once it opens, so this guide treats it as a future improvement rather than a current option. Currently operating stations, including Rashidiya, Creek, and Burj Khalifa/Dubai Mall, are all 18 to 29 minutes away by car, which is not realistically commutable on a daily basis.
Wadi Al Safa 5 is best described as a car-dependent area today. A single bus route, line 30, serves the community for residents without a car. Arterial road access is a genuine strength of the location: Sheikh Mohammed Bin Zayed Road (E311) is roughly three to five minutes away, and Al Ain Road (E66) is also nearby, giving straightforward onward driving connections across the wider city.
Rental & Price Trends
Building-level rental figures for Blue Wave Tower, reported by Property Finder, show a studio renting for approximately AED 46,000 per year, a one-bedroom apartment for approximately AED 66,000 per year, and a two-bedroom apartment for approximately AED 90,000 per year. These building-specific figures are more useful than area-wide averages for owners evaluating this particular tower.
Area-level data for Wadi Al Safa 5 and wider Dubailand is thinner and mostly blends villa and apartment figures rather than isolating apartments specifically. As broader context only, mixed-property-type rentals across the area average around AED 68,000 per year, while villas and townhouses run considerably higher, roughly AED 140,000 to AED 270,000 per year. Owners weighing a specific unit's earning potential can run their own numbers through Royale Stays' Dubai property ROI calculator.
Airbnb / Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Blue Wave Tower, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Blue Wave Tower would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Royale Stays does not currently have Blue Wave Tower-specific booking data to draw on, so this section speaks to Wadi Al Safa 5 and wider Dubailand's broader short-term rental context rather than claiming a nightly rate or occupancy figure for this particular building. As a secondary residential node rather than a central tourist area, demand here is likely to be more price-sensitive and longer-stay-oriented than in areas closer to Dubai's main attractions. For an owner weighing whether Airbnb makes sense for a unit at Blue Wave Tower, the practical starting points are the same as anywhere else in Dubai: confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit competitively against the wider local supply.
Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly, and our guide to what separates a strong Airbnb management company from a weak one sets out what to look for when comparing operators. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential.
Income context reflects Royale Stays' own managed-portfolio experience across Dubailand, reviewed by Chris Veinbaums, DTCM-licensed operator.
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