Unit 401, Shamal Waves: what it sold for and what it is worth now

Unit 401 at Shamal Waves is a 1 bed of 1,560 sq ft. It last sold for AED 1,126,187 on 14 Jun 2020. At AED 860 per sq ft, from 4 sales of units ending 01 (same position in the tower), it is worth about AED 1,341,000 today.

Value todayAED 1,341,000AED 1,334,000 to AED 1,432,000
Last saleAED 1,126,18714 Jun 2020 · Resale
Change since last sale+19.1%Building trend alone: AED 1,429,537
Rent (median asking, 1 bed)AED 75,000Gross yield 5.6%
Bedrooms1 bed
Size1,560 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingShamal Waves by Lootah Real Estate Development, handed over 2018
Registered sales of this unit1

Every registered sale of unit 401

DatePriceSizeAED/sq ftType
14 Jun 2020AED 1,126,1871,560 sq ft722Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10120 Feb 2026AED 690,000633 sq ft1,090Resale
20119 Jan 2026AED 533,880633 sq ft843Resale
30119 Jan 2026AED 543,500633 sq ft859Resale
10119 Dec 2025AED 545,000633 sq ft861Resale
2011 Mar 2020AED 427,105633 sq ft675Resale
30113 Feb 2020AED 427,105633 sq ft675Resale
10113 Feb 2020AED 427,105633 sq ft675Resale

Latest 1 bed sales in Shamal Waves

UnitDatePriceSizeAED/sq ftType
40927 Aug 2025AED 1,100,0001,283 sq ft857Resale
40314 Feb 2025AED 1,087,0001,607 sq ft676Resale
40728 Jan 2025AED 1,050,0001,296 sq ft810Resale
21927 Sep 2024AED 850,000894 sq ft951Resale
40930 Aug 2023AED 1,100,0001,283 sq ft857Resale
40822 Sep 2022AED 837,0001,276 sq ft656Resale
40314 Jun 2020AED 1,167,3721,607 sq ft726Resale
40414 Jun 2020AED 1,021,7041,398 sq ft731Resale

How we worked out the value

We took the 4 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 860). We multiplied it by the size of this unit (1,560 sq ft). The range uses the middle half of those sales (AED 855 to AED 918 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,429,537. 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 401 at Shamal Waves worth?

About AED 1,341,000 (range AED 1,334,000 to AED 1,432,000), based on AED 860 per sq ft from registered sales up to 3 Sep 2026.

When did unit 401 last sell?

14 Jun 2020, for AED 1,126,187 (resale). It has 1 registered sale.

What rent can unit 401 make?

A 1 bed in Shamal Waves rents for about AED 75,000 a year (median asking rent). That is a gross yield of 5.6% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 318 · Unit 402