Studio · 525 sqftShamal Waves, Jumeirah Village Circle (JVC) · 3rd floor · completed 2018

313, Shamal Waves

Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 495K30 August 2018
Current rentAED 50K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Shamal Waves

What is 313 worth today?

Last sold for AED 495,000 in 2018

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15 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 95 per sqft
22 Feb 2025RentedRenewal
AED 36,500/yr12 months · AED 69 per sqft
22 Feb 2024RentedRenewal
AED 34,650/yr12 months · AED 66 per sqft
22 Feb 2023RentedRenewal
AED 33,000/yr12 months · AED 63 per sqft
22 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 63 per sqft
1 May 2021RentedRenewal
AED 26,000/yr12 months · AED 49 per sqft
1 May 2020RentedRenewal
AED 30,000/yr12 months · AED 57 per sqft
1 May 2019RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
Studio apartment
Size
525 sqft
Floor
3rd of 4
Parking
B1-313
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 7,600 /yr
Last sold
AED 495K · August 2018
Building
Shamal Waves

About 313, Shamal Waves

313 is a studio of 525 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 30 August 2018 for AED 495,000, or AED 943 per sqft, 5% below the AED 995 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 15 March 2026, is AED 50,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 7,600 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, August 2018: AED 495,000 (AED 943 per sqft)

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

Rents
Unit 313, 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, May 2019: AED 40,000 a yearRenewal, May 2020: AED 30,000 a yearRenewal, May 2021: AED 26,000 a yearNew contract, February 2022: AED 33,000 a yearRenewal, February 2023: AED 33,000 a yearRenewal, February 2024: AED 34,650 a yearRenewal, February 2025: AED 36,500 a yearNew contract, March 2026: AED 50,000 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 313 sits

All 51 studios →

313 last sold in August 2018 at AED 943 per sqft, 5% below what studios in Shamal Waves were fetching at the time (AED 995). 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. 313's AED 50,000 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
301StudioAED 544K · Jan 2026
302StudioAED 750K · Dec 2025
303StudioAED 640K · Apr 2025
304StudioAED 560K · Mar 2025
305StudioAED 550K · May 2025
306StudioAED 550K · Apr 2025
307StudioAED 575K · May 2019
1–7 of 18

313, Shamal Waves in numbers

  • Sold once: by Lootah Real Estate Development on 30 August 2018 for AED 495,000, or AED 943 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 26,000 in 2021 and recovered to AED 50,000 by March 2026.
  • At AED 50,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 7,600 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 15 March 2026.

Questions about 313, Shamal Waves

What did unit 313 last sell for?

AED 495,000 on 30 August 2018, sold by the developer: AED 943 per sqft for 525 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 50,000 a year on the contract signed on 15 March 2026. The previous contract, from February 2025, was AED 36,500; the unit has been rented since May 2019.

How big is unit 313?

525 sqft (48.8 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 313 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 313, Shamal Waves

Starts from the last sale price (AED 495K, 30 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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