316, Shamal Waves
Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Shamal Waves
What is 316 worth today?
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Source: Dubai Land Department. Updated 21 June 2018.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 3rd of 4
- Parking
- B1-316
- Developer
- Lootah Real Estate Development
- Completed
- 2018
- Service charge
- AED 7,100 /yr
- Last sold
- AED 490K · June 2018
- Building
- Shamal Waves
About 316, Shamal Waves
316 is a studio of 491 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 21 June 2018 for AED 490,000, or AED 998 per sqft, in line with the AED 998 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 316 over time
316 has sold once; the dashed line is the studio median of each year in the building.
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 316 sits
All 51 studios →316 last sold in June 2018 at AED 998 per sqft, in line with what studios in Shamal Waves were fetching at the time (AED 998). Over the last 12 months studios sold for AED 514,500 to 750,000, around AED 866 per sqft, and rent for AED 37,571 to 72,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 574 sqft | 670,000 | 1,166 | ||
| 23 Jul 202623 July 2026 | 608 sqft | 605,000 | 994 | ||
| 16 Mar 202616 March 2026 | 608 sqft | 530,000 | 871 | ||
| 20 Feb 202620 February 2026 | 633 sqft | 690,000 | 1,089 |
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 54K /yr
- Typical yield
- 9.8%
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 | |
| 309 | 2-bed | 998 sqft | AED 21KAED 20,959 · Dec 2019December 2019 | 78,750 /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 | |
| 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 |
316, Shamal Waves in numbers
- Sold once: by Lootah Real Estate Development on 21 June 2018 for AED 490,000, or AED 998 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 21 June 2018.
Questions about 316, Shamal Waves
What did unit 316 last sell for?
AED 490,000 on 21 June 2018, sold by the developer: AED 998 per sqft for 491 sqft. It is the only registered sale of the unit.
How big is unit 316?
491 sqft (45.6 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.
What is unit 316 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.
Selling 316? Put it on the OpenOffers board
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Mortgage on 316, Shamal Waves
Starts from the last sale price (AED 490K, 21 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →