Unit 403, Shamal Waves: what it sold for and what it is worth now

Unit 403 at Shamal Waves is a 1 bed of 1,607 sq ft. It last sold for AED 1,087,000 on 14 Feb 2025. At AED 855 per sq ft, from 5 sales of units ending 03 (same position in the tower), it is worth about AED 1,374,000 today.

Value todayAED 1,374,000AED 1,374,000 to AED 1,731,000
Last saleAED 1,087,00014 Feb 2025 · Resale
Change since last sale+26.4%Building trend alone: AED 1,079,431
Rent (median asking, 1 bed)AED 75,000Gross yield 5.5%
Bedrooms1 bed
Size1,607 sq ft
Floor4 (from the unit number)
Position in the towerStack 03: units ending 03 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 403

DatePriceSizeAED/sq ftType
14 Feb 2025AED 1,087,0001,607 sq ft676Resale
14 Jun 2020AED 1,167,3721,607 sq ft726Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20322 Aug 2025AED 630,000585 sq ft1,077Resale
2038 Jul 2025AED 499,999585 sq ft855Resale
3034 Apr 2025AED 640,000585 sq ft1,094Resale
30321 Jan 2025AED 499,999585 sq ft855Resale
10314 Dec 2022AED 370,000585 sq ft632Resale
2031 Mar 2020AED 417,497585 sq ft714Resale
30313 Feb 2020AED 417,497585 sq ft714Resale

Latest 1 bed sales in Shamal Waves

UnitDatePriceSizeAED/sq ftType
40927 Aug 2025AED 1,100,0001,283 sq ft857Resale
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
40114 Jun 2020AED 1,126,1871,560 sq ft722Resale
40414 Jun 2020AED 1,021,7041,398 sq ft731Resale
41111 Jun 2020AED 1,093,8461,568 sq ft698Resale

How we worked out the value

We took the 5 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 855). We multiplied it by the size of this unit (1,607 sq ft). The range uses the middle half of those sales (AED 855 to AED 1,077 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,079,431. 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 403 at Shamal Waves worth?

About AED 1,374,000 (range AED 1,374,000 to AED 1,731,000), based on AED 855 per sq ft from registered sales up to 3 Sep 2026.

When did unit 403 last sell?

14 Feb 2025, for AED 1,087,000 (resale). It has 2 registered sales.

What rent can unit 403 make?

A 1 bed in Shamal Waves rents for about AED 75,000 a year (median asking rent). That is a gross yield of 5.5% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 402 · Unit 404