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Waves Tower by Kasco, Business Bay: Building Information, Amenities, and Investment Potential

Waves Tower sits pretty along Marasi Drive in Business Bay.

Built by Kasco Properties, this residential tower has a wave-inspired design, creating interesting curved balconies that are spacious and usable. Living in this building puts you close enough to the action without being stuck in Business Bay’s worst traffic spots. Also, the building has aged relatively well compared to some peers from the same era, thanks to decent initial construction and materials that hold up to Dubai’s harsh climate.

 

Where Is Waves Tower Located in Dubai?

Waves Tower by Kasco is located around 3 Marasi Drive, Business Bay Dubai. Getting around Dubai from Waves Tower is super straightforward:

  • 10 minutes to Downtown Dubai and Burj Khalifa
  • 15 minutes to Dubai International Airport
  • 8 minutes to DIFC
  • 15 minutes to Jumeirah Beach
  • 20 minutes to Dubai Marina
  • 5 minutes to Dubai Canal waterfront
  • 10 minutes to Dubai Design District
  • 12 minutes to Business Bay Metro Station

Most residents in this building drive or use taxis. However, the metro is accessible with a bit of a walk or a short taxi ride. The developing Dubai Canal promenade also gives you pleasant walking routes right in the neighborhood – a real asset during cooler months.

 

What Building Features Are Present at Waves Tower?

A cool part about living in Waves Tower Business Bay is that – you’re only a step away from the Dubai Water Canal. Step outside the building, just right at the back, and you’re blessed with a beautiful view of the Dubai Water Canal, which is perfect for walking, cycling, or jogging.

That aside, here are some of the building features at Waves:

  • The curved design creates more interesting spaces than standard box apartments
  • Balconies are properly sized and usable
  • Sound insulation is GREAT – you wont hear noises from the road
  • Elevators generally work well with reasonable wait times
  • AC distribution is fairly consistent without major hot spots
  • Water pressure maintains well even during peak usage
  • Parking spaces are properly sized for most vehicles

 

What Amenities Are Available at Waves Tower Building?

The amenities at Waves Tower include:

  • A decent-sized swimming pool that gets good sun
  • A separate children’s pool that’s properly maintained
  • A gym with standard equipment that’s usually in working order
  • Steam and sauna rooms
  • A multipurpose room for small gatherings
  • Outdoor seating areas around the pool
  • 24-hour security
  • Covered parking with assigned spaces

The pool area here is a great highlight, offering a good balance of sun and shade with enough space that it doesn’t feel crowded except on the busiest weekends.

 

What Types of Apartments Will You Find at Waves Tower?

Waves Tower offers a standard mix of apartment types:

  • Studios around 500-550 sq ft
  • One-bedrooms from 750-900 sq ft
  • Two-bedrooms from 1,200-1,400 sq ft
  • Three-bedrooms from 1,800-2,000 sq ft
  • A few four-bedroom units on higher floors

The apartment layouts here make good use of spaces – which work well for both living and renting.

 

Waves Tower by Kasco: What Dubai Views Can You Expect Here?

Your view depends on which side of the Waves building you’re on:

Image showing views from Waves Tower

  • North-facing units look toward Downtown and Burj Khalifa
  • East-facing apartments catch morning sun and partial Downtown views
  • South-facing units overlook other parts of Business Bay
  • West-facing homes get afternoon sun and distant views toward DIFC

Higher floors (25th and up) get the best views, but even middle floors have decent outlooks since the building’s height clears many surrounding structures. The curved design also helps maximize the number of units with good views compared to a standard rectangular tower.

 

What’s Within Walking Distance of Waves Tower?

Business Bay has improved dramatically as a walkable neighborhood in recent years:

  • Dubai Canal promenade (right at your back)
  • Several coffee shops and casual restaurants (3-5 minute walks)
  • Small supermarkets and convenience stores (right at the back of Waves Tower)
  • A couple of pharmacies
  • Banks and ATMs
  • Basic services like laundry and salons
  • Bay Avenue mall (5-10 minute walk)
  • Hotels with additional restaurants and facilities

While you’ll still drive for major shopping, the walkable options cover daily coffee runs, casual meals, and basic necessities. During the cooler months (October-April), the Canal promenade becomes a genuine asset for evening strolls and morning jogs.

 

What Are the Top Attractions and Things to Do Near Waves Tower?

Living at Waves Tower puts you close to some of Dubai’s best experiences. The Dubai Canal waterfront is just right at your back, offering a beautiful promenade that’s perfect for evening strolls or morning runs. The area also comes alive at night with colorful water features and illuminated walkways.

Downtown Dubai with Burj Khalifa and Dubai Mall is just 10 minutes by car, giving you easy access to world-class shopping and entertainment without living in the middle of the tourist crowds.

For something different, Dubai Design District is just 10 minutes away, offering art exhibitions, creative spaces, and unique dining concepts. Water taxis run from Business Bay to various locations along Dubai Creek and the Canal, providing a scenic alternative to road transport. What makes these attractions work is their accessibility – you can actually enjoy them regularly.

 

Where Can You Eat Around Waves Tower?

Within 5-10min Walking Distance:

  • The Local – Great Arabian and lebanese cuisines
  • The Eloquent Elephant – Gastropub with excellent food and lively atmosphere
  • Markette – Good for breakfast and casual lunches
  • Pickl – Some of Dubai’s best burgers
  • Huqqa – Turkish dishes with Canal views
  • Chai Yo – Solid Thai food in casual setting

Short Drive Away (10-15 minutes):

  • Zuma – High-end Japanese that lives up to the hype
  • Gaia – Excellent Greek seafood by chef Izu Ani
  • Cé La Vi – Rooftop dining with spectacular views
  • Masti – Indian fusion that actually works
  • Flamingo Room – Stylish setting with good international menu

 

How Does Waves Tower Perform as an Investment?

Let’s look at the numbers:

Investment Factor What to Expect
Rental Yield 6.5-7.5%
Short-Term Premium 20-30% over long-term rates
Typical Occupancy 75-85% for short-term rentals
Price Trend Stable with 5-8% annual appreciation
Price Comparison 15-20% less than newest Business Bay towers
Break-Even Timeline 12-14 years

Waves Tower offers solid investment potential thanks to Business Bay’s established status and the building’s reasonable price point compared to newer options. The building works well for both long-term and short-term rental strategies.

 

What Should Owners Know About Managing a Waves Tower Property?

The Waves Tower building is approved for holiday home operations, making it viable for Airbnb-style rentals. The Business Bay location also works well for both business travelers and tourists, creating year-round demand that isn’t entirely dependent on high season.

If you’re buying as an investment:

  • Getting short-term rental permits follows standard Dubai procedures
  • Maintenance fees run around AED 14-16 per square foot annually
  • Management companies charge about 5-8% for long-term or 15-20% for short-term rentals
  • Units with Burj Khalifa views command 10-15% premium in rental rates
  • The tenant mix includes both professionals working in Business Bay/DIFC and tourists

 

What Do Guests Like About Staying at Waves Tower?

Visitors who book stays frequently mention:

  • The Dubai Water Canal right at the backyard
  • The convenient location between Downtown and DIFC
  • The spacious apartments, even for studios
  • The pool and gym facilities
  • The Canal promenade for evening walks
  • The building’s security and overall maintenance
  • The value compared to Downtown properties

These factors help maintain good reviews, which supports healthy occupancy rates for short-term rental investors. The building’s established nature also means fewer teething problems that brand-new properties usually have in their first year or two.

 

Is Waves Tower Kasco a Good Option for Guests and Property Owners?

Waves Tower hits the sweet spot – practical layouts, decent maintenance, and a location that works for both daily life and visitors.

For owners, the curved design helps your listing stand out on rental platforms, while the reasonable price point (15-20% below newest towers) means better returns. For guests, the Canal proximity, good views, and central location between Downtown and DIFC create genuine appeal. The spacious apartments and working amenities also ensure comfortable stays that translate to positive reviews.

In summary, Waves Tower offers something valuable – a reliable investment with proven rental demand in a location that keeps getting better as Business Bay matures.

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