Unit 317, Shamal Waves: what it sold for and what it is worth now

Unit 317 at Shamal Waves is a studio of 523 sq ft. It last sold for AED 550,000 on 15 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 456,000 today.

Value todayAED 456,000AED 443,000 to AED 532,000
Last saleAED 550,00015 Dec 2025 · Resale
Change since last sale-17.1%Building trend alone: AED 579,710
Rent (median asking, studio)AED 54,999Gross yield 12.1%
Bedroomsstudio
Size523 sq ft
Floor3 (from the unit number)
Position in the towerStack 17: units ending 17 share the same layout and view
BuildingShamal Waves by Lootah Real Estate Development, handed over 2018
Registered sales of this unit2

Every registered sale of unit 317

DatePriceSizeAED/sq ftType
15 Dec 2025AED 550,000523 sq ft1,052Resale
16 Jun 2022AED 390,000523 sq ft746Resale

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2171 Mar 2024AED 350,000523 sq ft669Resale
21715 Apr 2021AED 506,694523 sq ft969Resale

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 (523 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 579,710. 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 317 at Shamal Waves worth?

About AED 456,000 (range AED 443,000 to AED 532,000), based on AED 872 per sq ft from registered sales up to 3 Sep 2026.

When did unit 317 last sell?

15 Dec 2025, for AED 550,000 (resale). It has 2 registered sales.

What rent can unit 317 make?

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.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 314 · Unit 318