PropertyIndex

Shamal Waves

Completed · Q4 2018|68 units · 1 building

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Shamal Waves is a completed apartment development by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 68 registered units. 117 sales are registered with the Dubai Land Department, at a current PIX© price of AED 949 per sqft. At AED 949 per sqft, Shamal Waves prices 35% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 7.3% YoY
716KAED
Typical
949AED
PSF
Gross yield
7.7%
PIX© rent ÷ PIX© price
Sale records
117
DLD · all time
Rent contracts
336
Ejari · all time
Shamal Waves

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
476 – 2,201 sqft
68716K9497.3%55K7.7%
Studio · Apartment
476 – 737 sqft
51
1 Bed · Apartment
894 – 2,201 sqft
14
2 Bed · Apartment
998 sqft
3
Sales — Project-Wide117 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
23 Jul 2026Floor 3608605,000994+14.2%PremiumStandard Sale
16 Mar 2026Floor 3608530,000871+22.0%StandardStandard Sale
20 Feb 2026Floor 1633690,0001,090+26.6%PremiumStandard Sale
Rentals — Project-Wide336 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 84 rentals
Floors 1-2 · 46 rentals
Floors 3-4 · 38 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
5 Jul 2026Floor 163348,00076+24.6%Standardnew
2 Jul 2026Floor 158549,90085-10.0%Standardnew
1 Jul 2026Floor 252248,00092-4.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Shamal Waves

Answered from Dubai Land Department registered transactions.

How much does a property in Shamal Waves cost?

Property in Shamal Waves sells at a current PIX© price of AED 949 per sqft, or about AED 715,779 for a typical unit, based on 117 sales registered with the Dubai Land Department.

Is Shamal Waves completed?

Yes. Shamal Waves is recorded as completed in the Dubai Land Department project register (completed q4 2018).

Who is the developer of Shamal Waves?

Shamal Waves is developed by LOOTAH REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Shamal Waves?

Shamal Waves yields 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 336 registered Ejari contracts.

How many units are in Shamal Waves?

Shamal Waves holds 68 registered units, per the Dubai Land Department unit register.

Have prices in Shamal Waves gone up or down?

Price per sqft has risen +7.3% over the last 12 months, to AED 949, across 117 registered sales.