Studio · 645 sqftShamal Waves, Jumeirah Village Circle (JVC) · 3rd floor · completed 2018

307, Shamal Waves

Sold prices and rental history: sold once, by the developer in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 May 2019
Last soldAED 575K1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shamal Waves

What is 307 worth today?

Last sold for AED 575,000 in 2019

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1 May 2019Sold by developerReady
AED 575,000AED 891 per sqft

Source: Dubai Land Department. Updated 1 May 2019.

Key facts

Type
Studio apartment
Size
645 sqft
Floor
3rd of 4
Parking
B1-307
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 9,300 /yr
Last sold
AED 575K · May 2019
Building
Shamal Waves

About 307, Shamal Waves

307 is a studio of 645 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. The developer sold it on 1 May 2019 for AED 575,000, or AED 891 per sqft, 5% below the AED 942 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, 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 by developer, May 2019: AED 575,000 (AED 891 per sqft)

307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 307, 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 48,000

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 307 sits

All 51 studios →

307 last sold in May 2019 at AED 891 per sqft, 5% below what studios in Shamal Waves were fetching at the time (AED 942). 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.

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
305StudioAED 550K · May 2025
306StudioAED 550K · Apr 2025
308StudioAED 605K · Jul 2026
1–7 of 18

307, Shamal Waves in numbers

  • Sold once: by Lootah Real Estate Development on 1 May 2019 for AED 575,000, or AED 891 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 1 May 2019.

Questions about 307, Shamal Waves

What did unit 307 last sell for?

AED 575,000 on 1 May 2019, sold by the developer: AED 891 per sqft for 645 sqft. It is the only registered sale of the unit.

How big is unit 307?

645 sqft (59.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 307 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 307, Shamal Waves

Starts from the last sale price (AED 575K, 1 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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