Studio · 527 sqftShamal Waves, Jumeirah Village Circle (JVC) · 3rd floor · completed 2018

314, Shamal Waves

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 455K13 September 2023
Current rentAED 60K /yr3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Shamal Waves

What is 314 worth today?

Last sold for AED 455,000 in 2023

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3 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 114 per sqft
5 Apr 2025RentedNew contract
AED 67,200/yr12 months · AED 128 per sqft
13 Sep 2023SoldReady
AED 455,000AED 863 per sqft
15 Jul 2022RentedNew contract
AED 29,000/yr12 months · AED 55 per sqft
1 Sep 2019RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
15 May 2019Sold by developerReady
AED 503,000AED 954 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
Studio apartment
Size
527 sqft
Floor
3rd of 4
Parking
B1-314
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 7,600 /yr
Last sold
AED 455K · September 2023
Building
Shamal Waves

About 314, Shamal Waves

314 is a studio of 527 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 13 September 2023 for AED 455,000, or AED 863 per sqft, 8% above the AED 798 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 3 September 2026, is AED 60,000 a year: a gross yield of 13.2% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for 314 over time

Sales
Unit 314, 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 503,000 (AED 954 per sqft)Sold, September 2023: AED 455,000 (AED 863 per sqft)

314 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 314, each contractTypical studio in Shamal Waves
40K60K201920222025Typical 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, September 2019: AED 31,000 a yearNew contract, July 2022: AED 29,000 a yearNew contract, April 2025: AED 67,200 a yearNew contract, September 2026: AED 60,000 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 314 sits

All 51 studios →

314 last sold in September 2023 at AED 863 per sqft, 8% above what studios in Shamal Waves were fetching at the time (AED 798). 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. 314's AED 60,000 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
305StudioAED 550K · May 2025
306StudioAED 550K · Apr 2025
307StudioAED 575K · May 2019
1–7 of 18

314, Shamal Waves in numbers

  • Sold twice: first on 15 May 2019 for AED 503,000, last on 13 September 2023 for AED 455,000 (AED 863 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 31,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 13.2%, 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 3 September 2026.

Questions about 314, Shamal Waves

What did unit 314 last sell for?

AED 455,000 on 13 September 2023: AED 863 per sqft for 527 sqft. The unit has 2 registered sales; the first was AED 503,000 in May 2019.

What is the rent for unit 314?

AED 60,000 a year on the contract signed on 3 September 2026. The previous contract, from April 2025, was AED 67,200; the unit has been rented since September 2019.

How big is unit 314?

527 sqft (49.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 314 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 314, Shamal Waves

Starts from the last sale price (AED 455K, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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