Unit 308, Shamal Waves: what it sold for and what it is worth now

Unit 308 at Shamal Waves is a studio of 608 sq ft. It last sold for AED 605,000 on 23 Jul 2026. At AED 872 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 530,000 today.

Value todayAED 530,000AED 522,000 to AED 568,000
Last saleAED 605,00023 Jul 2026 · Resale
Change since last sale-12.4% 
Rent (median asking, studio)AED 54,999Gross yield 10.4%
Bedroomsstudio
Size608 sq ft
Floor3 (from the unit number)
Position in the towerStack 08: units ending 08 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 308

DatePriceSizeAED/sq ftType
23 Jul 2026AED 605,000608 sq ft995Resale
16 Mar 2026AED 530,000608 sq ft872Resale
13 Feb 2020AED 434,478608 sq ft715Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20819 Jan 2026AED 514,500608 sq ft846Resale
40822 Sep 2022AED 837,0001,276 sq ft656Resale
10822 Jun 2022AED 422,300608 sq ft695Resale
20826 Feb 2020AED 434,171608 sq ft714Resale

Latest studio sales in Shamal Waves

UnitDatePriceSizeAED/sq ftType
2103 Sep 2026AED 670,000574 sq ft1,167Resale
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
10719 Jan 2026AED 533,880645 sq ft828Resale
10119 Dec 2025AED 545,000633 sq ft861Resale

How we worked out the value

We took the 3 resale sales of units ending 08 in the last 24 months, 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 (608 sq ft). The range uses the middle half of those sales (AED 859 to AED 933 per sq ft). 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 308 at Shamal Waves worth?

About AED 530,000 (range AED 522,000 to AED 568,000), based on AED 872 per sq ft from registered sales up to 3 Sep 2026.

When did unit 308 last sell?

23 Jul 2026, for AED 605,000 (resale). It has 3 registered sales.

What rent can unit 308 make?

A studio in Shamal Waves rents for about AED 54,999 a year (median asking rent). That is a gross yield of 10.4% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 306 · Unit 310