Unit 118 at Shamal Waves is a studio of 521 sq ft. It last sold for AED 391,000 on 17 Feb 2020. At AED 872 per sq ft, from 13 sales in the building in the last 12 months (studio), it is worth about AED 454,000 today.
| Bedrooms | studio |
|---|---|
| Size | 521 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 18: units ending 18 share the same layout and view |
| Building | Shamal Waves by Lootah Real Estate Development, handed over 2018 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 17 Feb 2020 | AED 391,000 | 521 sq ft | 750 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 318 | 20 Mar 2025 | AED 500,000 | 521 sq ft | 960 | Resale |
| 218 | 10 Oct 2022 | AED 405,000 | 521 sq ft | 777 | Resale |
| 218 | 29 Sep 2022 | AED 374,000 | 521 sq ft | 718 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 210 | 3 Sep 2026 | AED 670,000 | 574 sq ft | 1,167 | Resale |
| 308 | 23 Jul 2026 | AED 605,000 | 608 sq ft | 995 | Resale |
| 308 | 16 Mar 2026 | AED 530,000 | 608 sq ft | 872 | Resale |
| 101 | 20 Feb 2026 | AED 690,000 | 633 sq ft | 1,090 | Resale |
| 106 | 19 Jan 2026 | AED 524,240 | 630 sq ft | 832 | Resale |
| 201 | 19 Jan 2026 | AED 533,880 | 633 sq ft | 843 | Resale |
| 208 | 19 Jan 2026 | AED 514,500 | 608 sq ft | 846 | Resale |
| 301 | 19 Jan 2026 | AED 543,500 | 633 sq ft | 859 | Resale |
We took the 13 sales in Shamal Waves in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 872). We multiplied it by the size of this unit (521 sq ft). The range uses the middle half of those sales (AED 846 to AED 1,018 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 496,395. Floor, view, condition and upgrades can move the price either way. Sales data to 3 Sep 2026, from the Dubai Land Department register.
About AED 454,000 (range AED 441,000 to AED 530,000), based on AED 872 per sq ft from registered sales up to 3 Sep 2026.
17 Feb 2020, for AED 391,000 (resale). It has 1 registered sale.
A studio in Shamal Waves rents for about AED 54,999 a year (median asking rent). That is a gross yield of 12.1% on the estimate.