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Project · #3606 by 12M value

Shamal Waves

Jumeirah Village Circle · Lootah Real Estate Development

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
0

Market bulletin · Thu, 22 Oct 2026

Shamal Waves: 0 sales worth AED 0 in 30 days

Shamal Waves recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Jumeirah Village Circle, Shamal Waves ranked #11 of 11 leading projects by 12-month sales value; it is developed by Lootah Real Estate Development.

Leases registered in the last three months had a median annual rent of AED 60K. The best gross yield is on Studio apartments at about 9.2%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26AED 843
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25AED 852
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25—
Jan 25—
Dec 24—
Nov 24—

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26001
Aug 26000
Jul 26001
Jun 26000
May 26000
Apr 26000
Mar 26001
Feb 26001
Jan 26005
Dec 25003
Nov 25000

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month0—AED 0——
Last 3 months1unchanged 0.0%AED 670K——
Last 6 months2down 80.0%AED 1.27M——
Last 12 months12down 47.8%AED 6.99M866down 0.8%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)12100%AED 544K866down 0.8%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio12100%AED 544K866down 8.8%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M12100%AED 544K866down 0.8%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25AED 61K
Oct 25—
Sept 25—
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25—
Jan 25—
Dec 24—
Nov 24—
Leases (12M)
48
New leases
50%
Median rent 3M
AED 60K
Rent/sqft 3M
AED 79
Gross yield
Studio apartmentsAED 50K / AED 544K9.2%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
Studio26AED 50KAED 51K87

Competing projects in Jumeirah Village Circle

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Binghatti AmberhallBinghatti4061,695—
Serenz Tower ADanube Properties3322,316up 5.6%
Luma Park ViewsTownX Real Estate Development2271,472up 1.7%
Binghatti RubyBinghatti1651,649—
The WeaveThe Weave Real Estate Development1681,765—
Binghatti Royale JVCBinghatti1112,396—
Binghatti ApexBinghatti2021,422down 3.4%
311 BoulevardBam Eskan Real Estate Development1341,365—
Pearl House 4Imtiaz Real Estate Investment And Development1381,455—
Binghatti CircleBinghatti1511,725—

Biggest sales, last 3 months

Biggest sales in Shamal Waves
PricePropertyDate
AED 670KStudio Apartment · 574 sqftShamal Waves · Jumeirah Village Circle3 Sept

Questions about Shamal Waves

How many properties were sold in Shamal Waves in the last year?

12 sales worth AED 6.99M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Shamal Waves?

The median annual rent on leases registered in the last three months was AED 60K, and the best gross rental yield is about 9.2%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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