Studio · 629 sqftShamal Waves, Jumeirah Village Circle (JVC) · 3rd floor · completed 2018

305, Shamal Waves

Sold prices and rental history: sold 5 times, last in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 550K27 May 2025
Current rentAED 55K /yr22 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shamal Waves

What is 305 worth today?

Last sold for AED 550,000 in 2025

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22 Jan 2026RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
27 May 2025SoldReady
AED 550,000AED 874 per sqft
29 Dec 2024RentedRenewal
AED 36,685/yr12 months · AED 59 per sqft
26 Mar 2024SoldReady · flagged as an outlier
AED 2,265AED 3 per sqft
12 Jul 2023SoldReady
AED 50,378AED 801 per sqft
29 Dec 2022RentedRenewal
AED 29,000/yr12 months · AED 46 per sqft
29 Dec 2021RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
13 Feb 2020SoldReady
AED 448,996AED 713 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
Studio apartment
Size
629 sqft
Floor
3rd of 4
Parking
B1-305
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 9,100 /yr
Last sold
AED 550K · May 2025
Building
Shamal Waves

About 305, Shamal Waves

305 is a studio of 629 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 27 May 2025 for AED 550,000, or AED 874 per sqft, 5% below the AED 917 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 22 January 2026, is AED 55,000 a year: a gross yield of 10.0% on the 2025 price, before the service charge of about AED 9,100 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 448,996 (AED 713 per sqft)Sold, July 2023: AED 50,378 (AED 801 per sqft)Sold, May 2025: AED 550,000 (AED 874 per sqft)

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

Rents
Unit 305, each contractTypical studio in Shamal Waves
40K20192021202320252027Typical 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, February 2020: AED 35,000 a yearNew contract, February 2020: AED 35,000 a yearNew contract, December 2021: AED 29,000 a yearRenewal, December 2022: AED 29,000 a yearRenewal, December 2024: AED 36,685 a yearNew contract, January 2026: AED 55,000 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 305 sits

All 51 studios →

305 last sold in May 2025 at AED 874 per sqft, 5% below what studios in Shamal Waves were fetching at the time (AED 917). 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. 305's AED 55,000 is in the upper 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
301StudioAED 544K · Jan 2026
302StudioAED 750K · Dec 2025
303StudioAED 640K · Apr 2025
304StudioAED 560K · Mar 2025
306StudioAED 550K · Apr 2025
307StudioAED 575K · May 2019
308StudioAED 605K · Jul 2026
1–7 of 18

305, Shamal Waves in numbers

  • Sold 5 times: first on 16 December 2019 for AED 13,210, last on 27 May 2025 for AED 550,000 (AED 874 per sqft).
  • Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 29,000 in 2022 and recovered to AED 55,000 by January 2026.
  • At AED 55,000 a year the gross yield on the 2025 price is 10.0%, before a service charge of about AED 9,100 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 22 January 2026.

Questions about 305, Shamal Waves

What did unit 305 last sell for?

AED 550,000 on 27 May 2025: AED 874 per sqft for 629 sqft. The unit has 5 registered sales; the first was AED 13,210 in December 2019.

What is the rent for unit 305?

AED 55,000 a year on the contract signed on 22 January 2026. The previous contract, from December 2024, was AED 36,685; the unit has been rented since February 2020.

How big is unit 305?

629 sqft (58.4 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 305 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 305, Shamal Waves

Starts from the last sale price (AED 550K, 27 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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