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Download GuideWaves 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.
Waves Tower by Kasco is located around 3 Marasi Drive, Business Bay Dubai. Getting around Dubai from Waves Tower is super straightforward:
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.
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 amenities at Waves Tower include:
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.
Waves Tower offers a standard mix of apartment types:
The apartment layouts here make good use of spaces – which work well for both living and renting.
Your view depends on which side of the Waves building you’re on:
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.
Business Bay has improved dramatically as a walkable neighborhood in recent years:
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.
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.
Within 5-10min Walking Distance:
Short Drive Away (10-15 minutes):
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.
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:
Visitors who book stays frequently mention:
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.
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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