Shamal Waves

Completed|68 units · 1 building

Shamal Waves is a completed development by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 68 registered units. 117 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,025 per sqft. At AED 1,025 per sqft, Shamal Waves prices 18% below the Jumeirah Village Circle median of AED 1,246 per sqft on registered sales.

PIX© price · ↑13.1% YoY

747KAED

Typical

1,025AED

PSF

Gross yield

7.4%

PIX© rent ÷ PIX© price

Sale records

117

DLD · all time

Rent contracts

342

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai20 min · 19.9 km

DXB Airport24 min · 32.7 km

DIFC24 min · 23.9 km

Dubai Marina19 min · 14.7 km

Palm Jumeirah19 min · 16.7 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 15.1 km

MallTdawi UAE0.5 km

SchoolSunmarke School Back Gate0.5 km

HospitalMediclinic Me'aisem1.1 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 1

…

Studio on Floor 1, Shamal Waves

Size
Record: Feb 2020 to Jul 2026
Owners: 4
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
4Tenant 4	5 Jul 2026			Owner 4
4Owner 4	20 Feb 2026		7 mo	Current owner Mortgage
3Owner 3	19 Dec 2025		2 mo	Sold with tenant in place
3Tenant 3	10 Feb 2025		10 mo	Renewal · Ended early Owner 2
3Tenant 3	10 Feb 2024		12 mo	Owner 2
2Tenant 2	10 Feb 2023		12 mo	Renewal Owner 2
2Tenant 2	10 Feb 2022		12 mo	Renewal Owner 2
2Tenant 2	10 Feb 2021		12 mo	Renewal Owner 2
2Owner 2	13 Feb 2020		5.8 yrs	Sold with tenant in place
Owner 1 · Undisclosed		—		Acquisition date and price not on record
1Tenant 1	10 Feb 2020		12 mo	Owner not on record · Registered twice

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Studio · Floor 1 · Shamal Waves

Nightly rateAED

Occupancy (237 nights)

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Shamal Waves1,025AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 476 - 2,201 sqft	68	747K	1,025	↑13.1%	55K	7.4%
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

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
3 Sep 2026	Studio	Shamal Waves · Floor 2	574	670,000	1,167	+24.1%	Premium	Standard Sale
23 Jul 2026	Studio	Shamal Waves · Floor 3	608	605,000	994	+14.2%	Standard	Standard Sale
16 Mar 2026	Studio	Shamal Waves · Floor 3	608	530,000	871	+22.0%	Standard	Standard Sale

Rentals - Project-Wide342 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
3 Sep 2026	Studio	Shamal Waves · Floor 3	527	60,000	114	-	Premium	CONTRACT
3 Sep 2026	Studio	Shamal Waves · Floor 3	521	60,000	115	-	Premium	CERTIFICATE
30 Aug 2026	1 Bed	Shamal Waves · Floor 4	1,607	90,000	56	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Shamal Waves

Compared with

Masaar Residence

PIX© PSF

972

Rank

#37 of 48

#36 of 48

Typical price

681K

Yield

8.1%

Units

Sales

Rents

178

217

Developer

LOOTAH REAL ESTATE DEVELOPMENT L.L.C

MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Pulse Smart Residence TAWAKLNA REAL ESTATE DEVELOPMENT L.L.C · Completed	66					47	106
	Chaimaa Premiere DEVAL REAL ESTATE DEVELOPMENT L.L.C · Completed	96					33	245
	Joya Verde Residences GREEN YARD PROPERTES DEVELOPMENT L.L.C · Completed	110					43	204
	Diamond Views 1 DIAMOND DEVELOPERS CO.LIMITED · Completed	184					68	437
	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94					57	217
37	Shamal Waves LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	68	972	Subject	681K	8.1%	45	178
	Botanica MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	121					56	288
	Chaimaa Avenue 1 DEVAL REAL ESTATE DEVELOPMENT L.L.C · Completed	89					31	197
	Shamal Residences 2 LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	128					58	311
	May Residence 1 MAY REAL ESTATE DEVELOPMENT · Completed	68					52	195
	Lolena residence AL MASARAT REAL ESTATE DEVELOPMENT (LLC) · Completed	99					41	224

Community median 1,246 AED/sqft. Showing the closest-ranked peers of 48 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 152 excluded for trading only in the off-plan market. 12 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Joya Verde ResidencesAED 1,028/sqft
Diamond Views 1AED 1,019/sqft
Chaimaa PremiereAED 1,051/sqft
Masaar ResidenceAED 996/sqft
BotanicaAED 970/sqft
Pulse Smart ResidenceAED 1,100/sqft

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 1,025 per sqft, or about AED 746,639 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.

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 7.4% gross, calculated from current PIX© rent against current PIX© sale price, across 342 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 +13.1% over the last 12 months, to AED 1,025, across 117 registered sales.