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 1,081 per sqft. At AED 1,081 per sqft, Shamal Waves prices 17% below the Jumeirah Village Circle median of AED 1,300 per sqft on registered sales.

PIX© price · ↑17.0% YoY

770KAED

Typical

1,081AED

PSF

Gross yield

7.3%

PIX© rent ÷ PIX© price

Sale records

117

DLD · all time

Rent contracts

350

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai20 min · 20.0 km

DXB Airport25 min · 32.7 km

DIFC25 min · 24.0 km

Dubai Marina19 min · 14.8 km

Palm Jumeirah19 min · 16.7 km

Nearby · straight-line

Metro stationJumeirah Golf Estates5.1 km

MallMe'aisem City Center1.1 km

SchoolSunmarke School0.6 km

HospitalMediclinic Parkview5.3 km

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

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 3

…

Studio on Floor 3, Shamal Waves

Size
Record: Dec 2019 to Oct 2026
Owners: 4
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Tenant 6	18 Oct 2026			Owner 4
4Owner 4	23 Jul 2026		3 mo	Current owner Sold with tenant in place
3Owner 3	16 Mar 2026		4 mo	Sold with tenant in place
5Tenant 5	23 Dec 2024		22 mo	Owner 2
4Tenant 4	23 Dec 2023		12 mo	Renewal Owner 2
4Tenant 4	23 Dec 2022		12 mo	Renewal Owner 2
4Tenant 4	23 Dec 2021		12 mo	Owner 2
3Tenant 3	17 Apr 2021		8 mo	Ended early Owner 2
2Owner 2	13 Feb 2020		6.1 yrs	Sold with tenant in place
Owner 1 · Undisclosed		—		Acquisition date and price not on record
1Tenant 1	31 Dec 2019		12 mo	Owner not on record · Registered twice

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 3 · Shamal Waves

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Shamal Waves1,081AED/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	770K	1,081	↑17.0%	56K	7.3%
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-Wide350 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
23 Oct 2026	Studio	Shamal Waves · Floor 1	608	47,956	79	-	Standard	CONTRACT
19 Oct 2026	1 Bed	Shamal Waves · Floor 2	894	72,000	81	-	Standard	CONTRACT
18 Oct 2026	Studio	Shamal Waves · Floor 3	608	51,000	84	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

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

This project

Shamal Waves

Compared with

Botanica

PIX© PSF

971

Rank

#40 of 47

#39 of 47

Typical price

676K

Yield

8.0%

Units

121

Sales

Rents

177

279

Developer

LOOTAH REAL ESTATE DEVELOPMENT L.L.C

MYRA REAL ESTATE DEVEIOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Joya Verde Residences GREEN YARD PROPERTES DEVELOPMENT L.L.C · Completed	110					44	209
	Gardenia 2 DAMAC · Completed	102					47	261
	Mulberry 1 DAMAC · Completed	89					35	270
	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94					58	223
	Botanica MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	121					54	279
40	Shamal Waves LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	68	971	Subject	676K	8.0%	43	177
	Chaimaa Avenue 1 DEVAL REAL ESTATE DEVELOPMENT L.L.C · Completed	89					29	202
	Shamal Residences 2 LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	128					60	313
	May Residence 4 MAY REAL ESTATE DEVELOPMENT · Completed	70					51	201
	Knightsbridge Court ACW HOLDING LTD · Completed	169					81	362
	Magnolia 2 DAMAC · Completed	97					28	287

Community median 1,300 AED/sqft. Showing the closest-ranked peers of 47 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 excluded for trading only in the off-plan market. 13 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.

Pulse Smart ResidenceAED 1,099/sqft
May Residence 2AED 1,111/sqft
Chaimaa PremiereAED 1,050/sqft
Roxana Residence CAED 1,125/sqft
Dar Al JawharaAED 1,125/sqft
Diamond Views 1AED 1,035/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 1,081 per sqft, or about AED 769,785 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 7.3% gross, calculated from current PIX© rent against current PIX© sale price, across 350 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 +17.0% over the last 12 months, to AED 1,081, across 117 registered sales.