304, Shamal Waves
Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Shamal Waves
What is 304 worth today?
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Source: Dubai Land Department. Updated 20 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 567 sqft
- Floor
- 3rd of 4
- Parking
- B1-304
- Developer
- Lootah Real Estate Development
- Completed
- 2018
- Service charge
- AED 8,200 /yr
- Last sold
- AED 560K · March 2025
- Building
- Shamal Waves
About 304, Shamal Waves
304 is a studio of 567 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 20 March 2025 for AED 560,000, or AED 988 per sqft, 3% above the AED 959 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 January 2025, is AED 50,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 8,200 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the studio median of each year in the building.
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 304 sits
All 51 studios →304 last sold in March 2025 at AED 988 per sqft, 3% above what studios in Shamal Waves were fetching at the time (AED 959). 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. 304's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 574 sqft | 670,000 | 1,166 | ||
| 23 Jul 202623 July 2026 | 608 sqft | 605,000 | 994 | ||
| 16 Mar 202616 March 2026 | 608 sqft | 530,000 | 871 | ||
| 20 Feb 202620 February 2026 | 633 sqft | 690,000 | 1,089 |
Shamal Waves
Building68 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%
Other units on the 3rd floor
All 68 units in Shamal Waves| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 633 sqft | AED 544KAED 543,500 · Jan 2026January 2026 | 39,900 /yr | |
| 302 | Studio | 737 sqft | AED 750KAED 750,000 · Dec 2025December 2025 | 37,570 /yr | |
| 303 | Studio | 585 sqft | AED 640KAED 640,000 · Apr 2025April 2025 | 29,900 /yr | |
| 305 | Studio | 629 sqft | AED 550KAED 550,000 · May 2025May 2025 | 55,000 /yr | |
| 306 | Studio | 630 sqft | AED 550KAED 550,000 · Apr 2025April 2025 | 32,000 /yr | |
| 307 | Studio | 645 sqft | AED 575KAED 575,000 · May 2019May 2019 | ||
| 308 | Studio | 608 sqft | AED 605KAED 605,000 · Jul 2026July 2026 | 51,000 /yr | |
| 309 | 2-bed | 998 sqft | AED 21KAED 20,959 · Dec 2019December 2019 | 78,750 /yr | |
| 310 | Studio | 574 sqft | AED 450KAED 450,000 · Oct 2020October 2020 | 35,420 /yr | |
| 311 | Studio | 476 sqft | AED 490KAED 490,000 · Mar 2018March 2018 | 45,000 /yr | |
| 312 | Studio | 497 sqft | AED 480KAED 480,000 · Aug 2018August 2018 | 37,000 /yr | |
| 313 | Studio | 525 sqft | AED 495KAED 495,000 · Aug 2018August 2018 | 50,000 /yr | |
| 314 | Studio | 527 sqft | AED 455KAED 455,000 · Sep 2023September 2023 | 60,000 /yr | |
| 315 | Studio | 522 sqft | AED 500KAED 500,000 · Dec 2018December 2018 | 40,950 /yr | |
| 316 | Studio | 491 sqft | AED 490KAED 490,000 · Jun 2018June 2018 | ||
| 317 | Studio | 523 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 52,000 /yr | |
| 318 | Studio | 521 sqft | AED 500KAED 500,000 · Mar 2025March 2025 | 60,000 /yr | |
| 319 | 1-bed | 894 sqft | AED 843KAED 842,794 · Nov 2017November 2017 | 64,000 /yr |
304, Shamal Waves in numbers
- Sold twice: first on 25 April 2019 for AED 525,000, last on 20 March 2025 for AED 560,000 (AED 988 per sqft).
- Rented since October 2020 on 5 Ejari contracts, from AED 25,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 8.9%, before a service charge of about AED 8,200 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 20 March 2025.
Questions about 304, Shamal Waves
What did unit 304 last sell for?
AED 560,000 on 20 March 2025: AED 988 per sqft for 567 sqft. The unit has 2 registered sales; the first was AED 525,000 in April 2019.
What is the rent for unit 304?
AED 50,000 a year on the contract signed on 15 January 2025. The previous contract, from October 2023, was AED 37,000; the unit has been rented since October 2020.
How big is unit 304?
567 sqft (52.7 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.
What is unit 304 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.
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Mortgage on 304, Shamal Waves
Starts from the last sale price (AED 560K, 20 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →