Shamal Waves, Jumeirah Village Circle: sale prices and transactions

Shamal Waves is a project registered with the Dubai Land Department (project no. 1807) in Jumeirah Village Circle. Since August 2017, 118 residential sales have been registered there, the latest in September 2026. Over the last 12 months, 12 sales closed at a median AED 9,320 per m² (AED 866 per sq ft).

  • AED 9,320median price per m²
  • AED 866median price per sq ft
  • 118sales since 2017
  • 12sales in 12 months

Its price per m² is 41.5% below the Jumeirah Village Circle median (AED 15,931/m²). Sales combine off-plan purchases (23.7%) and resales of completed homes.

Shamal Waves prices by bedroom

Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).

Unit typeSalesMedian priceMedian size
Apartment · Studio12AED 544,25059 m²

Shamal Waves price history

YearSalesMedian / m²Median / sq ftChange
201911AED 8,882AED 825—
202026AED 7,683AED 714-13.5%
20228AED 7,878AED 732—
20235AED 9,227AED 857+17.1%
20249AED 8,898AED 827-3.6%
202522AED 9,403AED 874+5.7%
2026 (to mid-October)9AED 9,238AED 858-1.8%

Shamal Waves rents

41 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 8.8%.

Unit typeContractsMedian annual rentMiddle 50% rangeNew leases
Apartment · Studio32AED 48,00041,712 – 53,750AED 48,950
Apartment · 1 bedroom8AED 73,50067,525 – 82,000—

Location

  • Nearest metro: Nakheel Metro Station
  • Shopping mall: Marina Mall
  • Landmark: Sports City Swimming Academy

Neighbouring projects in Jumeirah Village Circle

Same price per m² elsewhere in Dubai

Other projects in Jumeirah Village Circle

Jumeirah Village Circle property prices · Jumeirah Village Circle rents · Dubai property prices

Frequently asked questions

What is the price per sq ft at Shamal Waves?

Over the last 12 months the median is AED 866 per sq ft (AED 9,320 per m²) across 12 DLD sales.

How much is a studio at Shamal Waves?

Median sale price AED 544,250 for a median 59 m², across 12 sales over the last 12 months.

How many sales have been registered at Shamal Waves?

118 residential sales registered with the DLD between August 2017 and September 2026, 23.7% of them off-plan.

Where is Shamal Waves?

In Jumeirah Village Circle (DLD area Al Barsha South Fourth), Dubai; nearest metro station per the DLD: Nakheel Metro Station.

Sources and method

Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.

Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.