Home
Dubai prices
About
Research
Studio · 633 sqftShamal Waves, Jumeirah Village Circle (JVC) · 3rd floor · completed 2018

301, Shamal Waves

Sold prices and rental history: sold 5 times, last in January 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 30 March 2026
Last soldAED 544K19 January 2026
Current rentAED 40K /yr30 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 301

Property timeline for 301, Shamal Waves

What is 301 worth today?

Last sold for AED 543,500 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Mar 2026RentedNew contract
AED 39,900/yr12 months · AED 63 per sqft
19 Jan 2026SoldReady
AED 543,500AED 858 per sqft
30 Mar 2025RentedRenewal
AED 38,000/yr12 months · AED 60 per sqft
30 Mar 2025RentedRenewal
AED 38,000/yr12 months · AED 60 per sqft
26 Mar 2024SoldReady · flagged as an outlier
AED 2,262AED 3 per sqft
12 Jul 2023SoldReady
AED 49,927AED 788 per sqft
1 Mar 2022RentedRenewal
AED 27,000/yr12 months · AED 43 per sqft
1 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 30 March 2026.

Key facts

Type
Studio apartment
Size
633 sqft
Floor
3rd of 4
Parking
B1-301
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 9,200 /yr
Last sold
AED 544K · January 2026
Building
Shamal Waves

About 301, Shamal Waves

301 is a studio of 633 sqft on the 3rd floor of Shamal Waves, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2018 by Lootah Real Estate Development. It last sold on 19 January 2026 for AED 543,500, or AED 858 per sqft, in line with the AED 866 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 30 March 2026, is AED 39,900 a year: a gross yield of 7.3% on the 2026 price, before the service charge of about AED 9,200 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical studio in Shamal Waves
0250K500K2017202020232026Typical sale price by year: 2017 AED 516,361; 2018 AED 495,000; 2019 AED 520,000; 2020 AED 448,996; 2022 AED 390,000; 2023 AED 50,378; 2024 AED 522,500; 2025 AED 550,000; 2026 AED 533,880Sold, February 2020: AED 427,105 (AED 674 per sqft)Sold, July 2023: AED 49,927 (AED 788 per sqft)Sold, January 2026: AED 543,500 (AED 858 per sqft)

301 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 301, each contractTypical studio in Shamal Waves
30K40K50K20192021202320252027Typical rent by year: 2019 AED 36,500; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 29,000; 2023 AED 31,900; 2024 AED 37,994; 2025 AED 41,140; 2026 AED 48,000New contract, December 2019: AED 33,000 a yearNew contract, December 2019: AED 33,000 a yearNew contract, March 2021: AED 27,000 a yearRenewal, March 2022: AED 27,000 a yearRenewal, March 2025: AED 38,000 a yearRenewal, March 2025: AED 38,000 a yearNew contract, March 2026: AED 39,900 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Shamal Waves, and where 301 sits

All 51 studios →

301 last sold in January 2026 at AED 858 per sqft, in line with what studios in Shamal Waves were fetching at the time (AED 866). Over the last 12 months studios sold for AED 514,500 to 750,000, around AED 866 per sqft, and rent for AED 35,420 to 72,000 a year. 301's AED 39,900 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Sep 2026670,000
23 Jul 2026605,000
16 Mar 2026530,000
20 Feb 2026690,000
12 studio sales in the last 12 months

Shamal Waves

Building

68 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2018 by Lootah Real Estate Development. 12 sold in the last 12 months.

Typical price per sqft
AED 866 Down 1.0%
Typical sale
AED 544K
Typical rent
AED 53K /yr
Typical yield
9.7%
Shamal Waves, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 68 units in Shamal Waves
Value
302StudioAED 750K · Dec 2025
303StudioAED 640K · Apr 2025
304StudioAED 560K · Mar 2025
305StudioAED 550K · May 2025
306StudioAED 550K · Apr 2025
307StudioAED 575K · May 2019
308StudioAED 605K · Jul 2026
1–7 of 18

301, Shamal Waves in numbers

  • Sold 5 times: first on 15 December 2019 for AED 13,298, last on 19 January 2026 for AED 543,500 (AED 858 per sqft).
  • Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 33,000 to AED 27,000 in 2022 and recovered to AED 39,900 by March 2026.
  • At AED 39,900 a year the gross yield on the 2026 price is 7.3%, before a service charge of about AED 9,200 a year (AED 14.48 per sqft).
  • Studios in Shamal Waves sold for AED 514,500–750,000 in the 12 months to November 2026; the building's median across all types is AED 866 per sqft.

Source: Dubai Land Department. Updated 30 March 2026.

Questions about 301, Shamal Waves

What did unit 301 last sell for?

AED 543,500 on 19 January 2026: AED 858 per sqft for 633 sqft. The unit has 5 registered sales; the first was AED 13,298 in December 2019.

What is the rent for unit 301?

AED 39,900 a year on the contract signed on 30 March 2026. The previous contract, from March 2025, was AED 38,000; the unit has been rented since December 2019.

How big is unit 301?

633 sqft (58.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Shamal Waves sold for AED 514,500 to 750,000 in the last 12 months, around AED 866 per sqft.

Selling 301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 301, Shamal Waves

Starts from the last sale price (AED 544K, 19 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 543,500
Deposit, UAE resident (20%)
AED 108,700
Deposit, non-resident (40%)
AED 217,400
Monthly over 25 years at 3.7%
AED 2,224

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →