Unit 302, Shamal Waves: what it sold for and what it is worth now

Unit 302 at Shamal Waves is a studio of 737 sq ft. It last sold for AED 750,000 on 17 Dec 2025. At AED 872 per sq ft, from 13 sales in the building in the last 12 months (studio), it is worth about AED 642,000 today.

Value todayAED 642,000AED 624,000 to AED 750,000
Last saleAED 750,00017 Dec 2025 · Resale
Change since last sale-14.4%Building trend alone: AED 790,513
Rent (median asking, studio)AED 54,999Gross yield 8.6%
Bedroomsstudio
Size737 sq ft
Floor3 (from the unit number)
Position in the towerStack 02: units ending 02 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 302

DatePriceSizeAED/sq ftType
17 Dec 2025AED 750,000737 sq ft1,018Resale
25 Aug 2025AED 590,000737 sq ft801Resale
13 Feb 2020AED 524,371737 sq ft711Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1023 Jun 2024AED 550,000737 sq ft746Resale
20219 Mar 2024AED 552,000737 sq ft749Resale
40211 Jun 2020AED 1,113,9531,543 sq ft722Resale
2021 Mar 2020AED 524,371737 sq ft711Resale
10227 Feb 2020AED 524,371737 sq ft711Resale

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 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 (737 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 790,513. 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 302 at Shamal Waves worth?

About AED 642,000 (range AED 624,000 to AED 750,000), based on AED 872 per sq ft from registered sales up to 3 Sep 2026.

When did unit 302 last sell?

17 Dec 2025, for AED 750,000 (resale). It has 3 registered sales.

What rent can unit 302 make?

A studio in Shamal Waves rents for about AED 54,999 a year (median asking rent). That is a gross yield of 8.6% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 301 · Unit 303