Unit 402, Shamal Waves: what it sold for and what it is worth now

Unit 402 at Shamal Waves is a 1 bed of 1,543 sq ft. It last sold for AED 1,113,953 on 11 Jun 2020. At AED 834 per sq ft, from 4 sales in the building in the last 24 months (1 bed), it is worth about AED 1,287,000 today.

Value todayAED 1,287,000AED 1,199,000 to AED 1,359,000
Last saleAED 1,113,95311 Jun 2020 · Resale
Change since last sale+15.5%Building trend alone: AED 1,414,008
Rent (median asking, 1 bed)AED 75,000Gross yield 5.8%
Bedrooms1 bed
Size1,543 sq ft
Floor4 (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 unit1

Every registered sale of unit 402

DatePriceSizeAED/sq ftType
11 Jun 2020AED 1,113,9531,543 sq ft722Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30217 Dec 2025AED 750,000737 sq ft1,018Resale
30225 Aug 2025AED 590,000737 sq ft801Resale
1023 Jun 2024AED 550,000737 sq ft746Resale
20219 Mar 2024AED 552,000737 sq ft749Resale
2021 Mar 2020AED 524,371737 sq ft711Resale
10227 Feb 2020AED 524,371737 sq ft711Resale
30213 Feb 2020AED 524,371737 sq ft711Resale

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
40114 Jun 2020AED 1,126,1871,560 sq ft722Resale

How we worked out the value

We took the 4 sales in Shamal Waves in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 834). We multiplied it by the size of this unit (1,543 sq ft). The range uses the middle half of those sales (AED 777 to AED 881 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,414,008. 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 402 at Shamal Waves worth?

About AED 1,287,000 (range AED 1,199,000 to AED 1,359,000), based on AED 834 per sq ft from registered sales up to 3 Sep 2026.

When did unit 402 last sell?

11 Jun 2020, for AED 1,113,953 (resale). It has 1 registered sale.

What rent can unit 402 make?

A 1 bed in Shamal Waves rents for about AED 75,000 a year (median asking rent). That is a gross yield of 5.8% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 401 · Unit 403