Unit 203 at Shamal Waves is a studio of 585 sq ft. It last sold for AED 630,000 on 22 Aug 2025. 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.
| Bedrooms | studio |
|---|---|
| Size | 585 sq ft |
| Floor | 2 (from the unit number) |
| Position in the tower | Stack 03: units ending 03 share the same layout and view |
| Building | Shamal Waves by Lootah Real Estate Development, handed over 2018 |
| Registered sales of this unit | 3 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 22 Aug 2025 | AED 630,000 | 585 sq ft | 1,077 | Resale |
| 8 Jul 2025 | AED 499,999 | 585 sq ft | 855 | Resale |
| 1 Mar 2020 | AED 417,497 | 585 sq ft | 714 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 303 | 4 Apr 2025 | AED 640,000 | 585 sq ft | 1,094 | Resale |
| 403 | 14 Feb 2025 | AED 1,087,000 | 1,607 sq ft | 676 | Resale |
| 303 | 21 Jan 2025 | AED 499,999 | 585 sq ft | 855 | Resale |
| 103 | 14 Dec 2022 | AED 370,000 | 585 sq ft | 632 | Resale |
| 403 | 14 Jun 2020 | AED 1,167,372 | 1,607 sq ft | 726 | Resale |
| 303 | 13 Feb 2020 | AED 417,497 | 585 sq ft | 714 | 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 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 653,975. 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 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.
22 Aug 2025, for AED 630,000 (resale). It has 3 registered sales.
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.