Low frequency nonlinear electrostatic cnoidal and solitary waves are investigated in an inhomogeneous magnetized dusty plasma in the presence of shear flow. The Sagdeev potential approach is used to find the nonlinear wave solution. It is found that nonlinear electrostatic potential rarefactive (dip) structures are formed for cnoidal waves and solitons in a magnetized inhomogeneous dusty plasma instead of compressive (hump) nonlinear electrostatic wave structures formed in an inhomogeneous magnetized electron-ion plasma. The amplitude of the nonlinear electrostatic potential structure is found to be increased in the case of decreasing shear flow parameter values in comparison with the case of increasing shear flow parameter values. The D'Angelo instability in an inhomogeneous magnetized dusty plasma in the presence of shear flow is also discussed. The numerical plots are also presented for illustrations which are applicable to space dusty plasma regions containing shear flows. The Hamiltonian function of such a dynamical planar system is also discussed for its phase portrait analysis.