Wavez Residence Liwan 1 Dubai | Danube Properties Apartments & Service Charges Guide

Wavez Residence: Premium Waterfront Living in Liwan

Overview

Wavez Residence stands as a distinctive residential masterpiece in the heart of Liwan, one of Dubai’s most coveted waterfront communities. This impressive mixed-use development combines luxurious residential apartments with carefully curated retail and commercial spaces, creating a vibrant lifestyle destination. With a total built-up area of 51,892.03 square meters spread across 13 floors, Wavez Residence represents the pinnacle of contemporary architecture and sustainable urban living in Dubai.

Key Facts About Wavez Residence

1. Strategic Waterfront Location

Wavez Residence is strategically positioned in Liwan, granting residents direct access to Dubai’s pristine waterfront. This prime location offers breathtaking views of the Arabian Gulf and provides the perfect blend of tranquility and urban convenience. The development benefits from its proximity to major commercial hubs and entertainment destinations while maintaining a serene residential atmosphere.

2. Mixed-Use Development Concept

The project represents a sophisticated mixed-use development that seamlessly integrates residential apartments with retail and commercial spaces. This thoughtful urban design philosophy ensures that residents enjoy shopping, dining, and entertainment facilities within their own community, reducing the need to venture elsewhere for daily conveniences.

3. Substantial Built-Up Area

With a total built-up area of 51,892.03 square meters, Wavez Residence offers extensive spaces for both residents and visitors. This generous allocation ensures that the development doesn’t feel overcrowded while providing ample room for amenities, common areas, and recreational facilities throughout the property.

4. Impressive Architectural Design

The development features contemporary architectural design that reflects modern luxury standards. The building’s aesthetic appeal, combined with its functional layout, creates an iconic landmark in Liwan that appeals to discerning residents seeking sophisticated urban living.

5. Comprehensive Parking Infrastructure

With 467 dedicated parking spaces, Wavez Residence provides exceptional parking solutions for residents and visitors. This extensive parking facility ensures convenient vehicle access and resolves one of the common challenges in urban residential developments, contributing to the overall convenience and lifestyle quality.

6. Diverse Retail and Dining Options

The presence of 20 shops within the development creates a vibrant commercial ecosystem. These retail spaces encompass various categories including high-end boutiques, convenience stores, restaurants, and cafes, providing residents with diverse shopping and dining experiences without leaving the community.

7. Premium Residential Accommodations

The development houses numerous residential apartments across 13 floors, offering various floor plans to cater to different family sizes and lifestyle preferences. From intimate studios to spacious family penthouses, Wavez Residence provides options for diverse residential needs.

8. Sustainable Urban Development

Wavez Residence incorporates sustainable building practices and modern environmental considerations. The development demonstrates Dubai’s commitment to creating eco-conscious communities that balance luxury living with environmental responsibility, featuring energy-efficient systems and green spaces.

9. Community-Centric Amenities

Beyond residential units, the development offers state-of-the-art amenities designed to enhance the quality of life. These may include swimming pools, fitness centers, landscaped gardens, children’s play areas, and dedicated community spaces that foster a sense of belonging among residents.

10. Investment Potential and Real Estate Value

Wavez Residence represents a strong investment opportunity in Dubai’s real estate market. The combination of prime waterfront location, mixed-use development model, and luxurious finishes positions the property as an asset with appreciating value and solid rental yield potential for investors.

Residential Excellence

Thoughtfully Designed Living Spaces

Each apartment in Wavez Residence has been meticulously designed to maximize comfort and functionality. The residences feature open-plan layouts, expansive windows that capture natural light and waterfront views, and premium finishing materials. Modern kitchens equipped with high-end appliances, spacious bedrooms with built-in storage, and luxurious bathrooms create an environment where residents can truly relax and rejuvenate.

Variety of Unit Types

The development offers diverse apartment configurations to suit various living requirements. Whether you’re a young professional seeking a stylish one-bedroom apartment, a growing family requiring multiple bedrooms, or a luxury-oriented buyer looking for penthouses with private terraces, Wavez Residence accommodates all preferences with elegantly designed options.

Retail and Commercial Integration

Vibrant Shopping and Dining Destination

The 20 strategically located shops within Wavez Residence transform the development into a vibrant mixed-use community. From international brands to local boutiques, from fine dining restaurants to casual cafes, the retail offerings cater to diverse tastes and preferences. This integrated approach eliminates the necessity for residents to venture outside their community for everyday shopping and entertainment needs.

Ground Floor Retail Spaces

The ground floor retail spaces are designed with high ceilings and flexible layouts, providing retailers with excellent opportunities to showcase their products and services. The high foot traffic from residents and visitors ensures excellent business potential for commercial tenants.

Parking and Transportation

Extensive Parking Facilities

With 467 parking spaces distributed throughout the development, Wavez Residence ensures convenient parking for all residents and their guests. The parking infrastructure is designed with modern security features and efficient traffic flow management, eliminating parking-related stress in this vibrant community.

Location Advantages

Waterfront Living at Its Finest

Liwan’s waterfront location provides residents with access to scenic promenades, beach activities, and water sports facilities. The natural beauty of the Arabian Gulf creates a serene backdrop to urban living, offering the perfect escape from the bustling city center while remaining well-connected to Dubai’s major business districts.

Connectivity and Accessibility

Despite its exclusive waterfront location, Wavez Residence maintains excellent connectivity to major roadways, shopping malls, and business centers. Residents can easily access Sheikh Zayed Road, the Dubai Metro connections, and major commercial zones, making it an ideal location for professionals working across Dubai.

Amenities and Lifestyle

Recreation and Wellness Facilities

Wavez Residence offers comprehensive amenities designed for active and healthy living. Swimming pools, modern fitness centers, spa facilities, and outdoor recreational areas provide residents with opportunities to maintain their wellness routines without leaving the community.

Family-Friendly Features

The development includes dedicated spaces for families, such as children’s play areas, family lounges, and educational facilities. These thoughtfully planned amenities ensure that families of all sizes find Wavez Residence an ideal place to call home.

Investment Perspective

Wavez Residence presents an attractive investment opportunity in one of Dubai’s most desirable real estate markets. The combination of premium waterfront location, diverse residential options, integrated retail spaces, and robust amenities positions the property for sustained appreciation and consistent rental returns.


Key Property Information

Feature Details
Total Built-Up Area 51,892.03 sqm
Number of Floors 13
Number of Apartments Multiple Units
Number of Offices 0
Number of Parking Spaces 467
Number of Shops 20
Development Type Mixed-Use Residential
Retail Spaces Ground Floor & Multiple Levels
Primary Amenities Swimming Pools, Fitness Center, Community Spaces
Location Liwan, Dubai
Service Charges in Wavez Residence Liwan 1 Dubai | Danube Properties Apartments & Service Charges Guide

Overall Estimate & Scope: Wavez Residence in Liwan1, a modern development by Danube Properties, offers a blend of convenience and amenities. Service charges are essential for property maintenance, preserving value, and enhancing the resident experience. For Wavez Residence, owners can expect charges around AED 15 per sqft per year. This comprehensive fee covers operational and upkeep costs, ensuring seamless functioning and transparent community living.

General Maintenance & Common Area Upkeep: A significant portion of the service charge is dedicated to general maintenance and the meticulous upkeep of common areas. This includes routine repairs, painting, plumbing, electrical system checks, and the maintenance of lifts, corridors, lobbies, and car parks. These funds ensure all shared spaces, from entrances to rooftops, remain in pristine condition and structurally sound, reflecting the high standards expected by residents and Danube Properties.

Amenity & Facilities Management: Wavez Residence features a host of amenities like a swimming pool, gymnasium, children’s play areas, and landscaped gardens. The service charges fund the professional management and maintenance of these facilities, including regular cleaning, equipment servicing, landscaping, and pest control across common areas. These services are vital for residents to fully enjoy the lifestyle, ensuring all communal amenities are safe, operational, and well-maintained year-round.

Common Area Utilities & Cooling Charges: While individual apartments have separate utility bills (DEWA), service charges cover common area utilities. This includes lighting for lobbies, corridors, and car parks, and water for common washrooms and irrigation. Critically, if Wavez Residence uses district cooling or a central chiller system, the associated cooling charges for the entire building’s common spaces are also covered, contributing to the overall comfort and energy efficiency of shared environments.

Security, Cleaning, Waste Management & Management Fees: Ensuring a secure and clean living environment is paramount. Funds are allocated for 24/7 security personnel and surveillance, providing residents peace of mind. Daily cleaning services for common areas, including waste collection and disposal, are also covered, maintaining hygiene and aesthetic appeal. Finally, a component covers the professional management fees of the Owners Association, overseeing financial administration, contractor selection, and overall governance for transparent community operation.

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