Unit 407, Shamal Waves: what it sold for and what it is worth now

Unit 407 at Shamal Waves is a 1 bed of 1,296 sq ft. It last sold for AED 1,050,000 on 28 Jan 2025. At AED 828 per sq ft, from 3 sales of units ending 07 (same position in the tower), it is worth about AED 1,073,000 today.

Value todayAED 1,073,000AED 1,061,000 to AED 1,089,000
Last saleAED 1,050,00028 Jan 2025 · Resale
Change since last sale+2.2%Building trend alone: AED 1,042,688
Rent (median asking, 1 bed)AED 75,000Gross yield 7.0%
Bedrooms1 bed
Size1,296 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 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 407

DatePriceSizeAED/sq ftType
28 Jan 2025AED 1,050,0001,296 sq ft810Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10719 Jan 2026AED 533,880645 sq ft828Resale
20727 May 2025AED 550,000645 sq ft853Resale
2071 Mar 2020AED 460,752645 sq ft714Resale
10727 Feb 2020AED 460,752645 sq ft714Resale

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
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
40414 Jun 2020AED 1,021,7041,398 sq ft731Resale

How we worked out the value

We took the 3 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 828). We multiplied it by the size of this unit (1,296 sq ft). The range uses the middle half of those sales (AED 819 to AED 840 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,042,688. 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 407 at Shamal Waves worth?

About AED 1,073,000 (range AED 1,061,000 to AED 1,089,000), based on AED 828 per sq ft from registered sales up to 3 Sep 2026.

When did unit 407 last sell?

28 Jan 2025, for AED 1,050,000 (resale). It has 1 registered sale.

What rent can unit 407 make?

A 1 bed in Shamal Waves rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 406 · Unit 408