309, Shamal Waves
Sold prices and rental history: sold once, by the developer in December 2019, 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 309, Shamal Waves
What is 309 worth today?
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Source: Dubai Land Department. Updated 28 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 998 sqft
- Floor
- 3rd of 4
- Parking
- B1-309
- Developer
- Lootah Real Estate Development
- Completed
- 2018
- Service charge
- AED 14,500 /yr
- Last sold
- AED 21K · December 2019
- Building
- Shamal Waves
About 309, Shamal Waves
309 is a two-bedroom apartment of 998 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 16 December 2019 for AED 20,959, or AED 21 per sqft.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 28 May 2026, is AED 78,750 a year: a gross yield of 375.7% on the 2019 price, before the service charge of about AED 14,500 a year.
Sales and rents for 309 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shamal Waves, and where 309 sits
All 3 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Sep 202519 September 2025 | 998 sqft | 1,100,000 | 1,102 | ||
| 27 Aug 202527 August 2025 | 998 sqft | 850,000 | 851 | ||
| 12 Oct 202212 October 2022 | 998 sqft | 750,000 | 751 | ||
| 24 Jan 201824 January 2018 | 998 sqft | 960,000 | 961 |
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 | |
| 304 | Studio | 567 sqft | AED 560KAED 560,000 · Mar 2025March 2025 | 50,000 /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 | |
| 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 |
309, Shamal Waves in numbers
- Sold once: by Lootah Real Estate Development on 16 December 2019 for AED 20,959, or AED 21 per sqft.
- Rented since September 2020 on 8 Ejari contracts, from AED 50,000 to AED 78,750 a year.
- At AED 78,750 a year the gross yield on the 2019 price is 375.7%, before a service charge of about AED 14,500 a year (AED 14.48 per sqft).
Source: Dubai Land Department. Updated 28 May 2026.
Questions about 309, Shamal Waves
What did unit 309 last sell for?
AED 20,959 on 16 December 2019, sold by the developer: AED 21 per sqft for 998 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 78,750 a year on the contract renewed on 28 May 2026. The previous contract, from May 2025, was AED 78,750; the unit has been rented since September 2020.
How big is unit 309?
998 sqft (92.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2018.
What is unit 309 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 309, Shamal Waves
Starts from the last sale price (AED 21K, 16 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 20,959
- Deposit, UAE resident (20%)
- AED 4,192
- Deposit, non-resident (40%)
- AED 8,384
- Monthly over 25 years at 3.7%
- AED 86
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →