Unit 204, Shamal Waves: what it sold for and what it is worth now

Unit 204 at Shamal Waves is a studio of 567 sq ft. It last sold for AED 562,000 on 26 Jun 2025. At AED 988 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 560,000 today.

Value todayAED 560,000AED 522,000 to AED 561,000
Last saleAED 562,00026 Jun 2025 · Resale
Change since last sale-0.4%Building trend alone: AED 582,924
Rent (median asking, studio)AED 54,999Gross yield 9.8%
Bedroomsstudio
Size567 sq ft
Floor2 (from the unit number)
Position in the towerStack 04: units ending 04 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 204

DatePriceSizeAED/sq ftType
26 Jun 2025AED 562,000567 sq ft991Resale
7 Apr 2025AED 484,300567 sq ft854Resale
1 Mar 2020AED 405,206567 sq ft715Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30420 Mar 2025AED 560,000567 sq ft988Resale
40414 Jun 2020AED 1,021,7041,398 sq ft731Resale

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 3 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 988). We multiplied it by the size of this unit (567 sq ft). The range uses the middle half of those sales (AED 921 to AED 989 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 582,924. 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 204 at Shamal Waves worth?

About AED 560,000 (range AED 522,000 to AED 561,000), based on AED 988 per sq ft from registered sales up to 3 Sep 2026.

When did unit 204 last sell?

26 Jun 2025, for AED 562,000 (resale). It has 3 registered sales.

What rent can unit 204 make?

A studio in Shamal Waves rents for about AED 54,999 a year (median asking rent). That is a gross yield of 9.8% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 203 · Unit 205