Unit 101, Shamal Waves: what it sold for and what it is worth now

Unit 101 at Shamal Waves is a studio of 633 sq ft. It last sold for AED 690,000 on 20 Feb 2026. At AED 860 per sq ft, from 4 sales of units ending 01 (same position in the tower), it is worth about AED 544,000 today.

Value todayAED 544,000AED 541,000 to AED 581,000
Last saleAED 690,00020 Feb 2026 · Resale
Change since last sale-21.2%Building trend alone: AED 726,271
Rent (median asking, studio)AED 54,999Gross yield 10.1%
Bedroomsstudio
Size633 sq ft
Floor1 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingShamal Waves by Lootah Real Estate Development, handed over 2018
Registered sales of this unit3

Every registered sale of unit 101

DatePriceSizeAED/sq ftType
20 Feb 2026AED 690,000633 sq ft1,090Resale
19 Dec 2025AED 545,000633 sq ft861Resale
13 Feb 2020AED 427,105633 sq ft675Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20119 Jan 2026AED 533,880633 sq ft843Resale
30119 Jan 2026AED 543,500633 sq ft859Resale
40114 Jun 2020AED 1,126,1871,560 sq ft722Resale
2011 Mar 2020AED 427,105633 sq ft675Resale
30113 Feb 2020AED 427,105633 sq ft675Resale

Latest studio sales in Shamal Waves

UnitDatePriceSizeAED/sq ftType
2103 Sep 2026AED 670,000574 sq ft1,167Resale
30823 Jul 2026AED 605,000608 sq ft995Resale
30816 Mar 2026AED 530,000608 sq ft872Resale
10619 Jan 2026AED 524,240630 sq ft832Resale
20119 Jan 2026AED 533,880633 sq ft843Resale
20819 Jan 2026AED 514,500608 sq ft846Resale
30119 Jan 2026AED 543,500633 sq ft859Resale
10719 Jan 2026AED 533,880645 sq ft828Resale

How we worked out the value

We took the 4 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 860). We multiplied it by the size of this unit (633 sq ft). The range uses the middle half of those sales (AED 855 to AED 918 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 726,271. Floor, view, condition and upgrades can move the price either way. Sales data to 3 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 101 at Shamal Waves worth?

About AED 544,000 (range AED 541,000 to AED 581,000), based on AED 860 per sq ft from registered sales up to 3 Sep 2026.

When did unit 101 last sell?

20 Feb 2026, for AED 690,000 (resale). It has 3 registered sales.

What rent can unit 101 make?

A studio in Shamal Waves rents for about AED 54,999 a year (median asking rent). That is a gross yield of 10.1% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 102