Unit 103, Shamal Waves: what it sold for and what it is worth now

Unit 103 at Shamal Waves is a studio of 585 sq ft. It last sold for AED 370,000 on 14 Dec 2022. At AED 855 per sq ft, from 5 sales of units ending 03 (same position in the tower), it is worth about AED 500,000 today.

Value todayAED 500,000AED 500,000 to AED 630,000
Last saleAED 370,00014 Dec 2022 · Resale
Change since last sale+35.1%Building trend alone: AED 467,101
Rent (median asking, studio)AED 54,999Gross yield 11.0%
Bedroomsstudio
Size585 sq ft
Floor1 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingShamal Waves by Lootah Real Estate Development, handed over 2018
Registered sales of this unit1

Every registered sale of unit 103

DatePriceSizeAED/sq ftType
14 Dec 2022AED 370,000585 sq ft632Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20322 Aug 2025AED 630,000585 sq ft1,077Resale
2038 Jul 2025AED 499,999585 sq ft855Resale
3034 Apr 2025AED 640,000585 sq ft1,094Resale
40314 Feb 2025AED 1,087,0001,607 sq ft676Resale
30321 Jan 2025AED 499,999585 sq ft855Resale
40314 Jun 2020AED 1,167,3721,607 sq ft726Resale
2031 Mar 2020AED 417,497585 sq ft714Resale
30313 Feb 2020AED 417,497585 sq ft714Resale

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
10120 Feb 2026AED 690,000633 sq ft1,090Resale
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

How we worked out the value

We took the 5 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 855). We multiplied it by the size of this unit (585 sq ft). The range uses the middle half of those sales (AED 855 to AED 1,077 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 467,101. 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 103 at Shamal Waves worth?

About AED 500,000 (range AED 500,000 to AED 630,000), based on AED 855 per sq ft from registered sales up to 3 Sep 2026.

When did unit 103 last sell?

14 Dec 2022, for AED 370,000 (resale). It has 1 registered sale.

What rent can unit 103 make?

A studio in Shamal Waves rents for about AED 54,999 a year (median asking rent). That is a gross yield of 11.0% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 102 · Unit 105