Unit 409, Shamal Waves: what it sold for and what it is worth now

Unit 409 at Shamal Waves is a 1 bed of 1,283 sq ft. It last sold for AED 1,100,000 on 27 Aug 2025. At AED 857 per sq ft, from 3 sales of units ending 09 (same position in the tower), it is worth about AED 1,100,000 today.

Value todayAED 1,100,000AED 1,096,000 to AED 1,257,000
Last saleAED 1,100,00027 Aug 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,141,861
Rent (median asking, 1 bed)AED 75,000Gross yield 6.8%
Bedrooms1 bed
Size1,283 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 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 409

DatePriceSizeAED/sq ftType
27 Aug 2025AED 1,100,0001,283 sq ft857Resale
30 Aug 2023AED 1,100,0001,283 sq ft857Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20919 Sep 2025AED 1,100,000998 sq ft1,102Resale
10927 Aug 2025AED 850,000998 sq ft852Resale
10912 Oct 2022AED 750,000998 sq ft752Resale

Latest 1 bed sales in Shamal Waves

UnitDatePriceSizeAED/sq ftType
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
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
41111 Jun 2020AED 1,093,8461,568 sq ft698Resale

How we worked out the value

We took the 3 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 857). We multiplied it by the size of this unit (1,283 sq ft). The range uses the middle half of those sales (AED 855 to AED 980 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,141,861. 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 409 at Shamal Waves worth?

About AED 1,100,000 (range AED 1,096,000 to AED 1,257,000), based on AED 857 per sq ft from registered sales up to 3 Sep 2026.

When did unit 409 last sell?

27 Aug 2025, for AED 1,100,000 (resale). It has 2 registered sales.

What rent can unit 409 make?

A 1 bed in Shamal Waves rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for Shamal WavesAll sales in Shamal Waves

Unit 408 · Unit 410