202, Shamal Waves
Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Shamal Waves
What is 202 worth today?
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Source: Dubai Land Department. Updated 19 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 737 sqft
- Floor
- 2nd of 4
- Parking
- G-202
- Developer
- Lootah Real Estate Development
- Completed
- 2018
- Service charge
- AED 10,700 /yr
- Last sold
- AED 552K · March 2024
- Building
- Shamal Waves
About 202, Shamal Waves
202 is a studio of 737 sqft on the 2nd floor of Shamal Waves, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2018 by Lootah Real Estate Development. It last sold on 19 March 2024 for AED 552,000, or AED 748 per sqft, 6% below the AED 799 studios in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 6 December 2022, is AED 29,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 10,700 a year.
Sales and rents for 202 over time
202 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Shamal Waves, and where 202 sits
All 51 studios →202 last sold in March 2024 at AED 748 per sqft, 6% below what studios in Shamal Waves were fetching at the time (AED 799). Over the last 12 months studios sold for AED 514,500 to 750,000, around AED 866 per sqft, and rent for AED 35,420 to 72,000 a year. 202's AED 29,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 574 sqft | 670,000 | 1,166 | ||
| 23 Jul 202623 July 2026 | 608 sqft | 605,000 | 994 | ||
| 16 Mar 202616 March 2026 | 608 sqft | 530,000 | 871 | ||
| 20 Feb 202620 February 2026 | 633 sqft | 690,000 | 1,089 |
Shamal Waves
Building68 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2018 by Lootah Real Estate Development. 12 sold in the last 12 months.
- Typical price per sqft
- AED 866 Down 1.0%
- Typical sale
- AED 544K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.7%
Other units on the 2nd floor
All 68 units in Shamal Waves| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 633 sqft | AED 534KAED 533,880 · Jan 2026January 2026 | 45,000 /yr | |
| 203 | Studio | 585 sqft | AED 630KAED 630,000 · Aug 2025August 2025 | 56,000 /yr | |
| 204 | Studio | 567 sqft | AED 562KAED 562,000 · Jun 2025June 2025 | 53,000 /yr | |
| 205 | Studio | 629 sqft | AED 520KAED 520,000 · Feb 2024February 2024 | 37,000 /yr | |
| 206 | Studio | 630 sqft | AED 555KAED 555,000 · May 2019May 2019 | ||
| 207 | Studio | 645 sqft | AED 550KAED 550,000 · May 2025May 2025 | 39,900 /yr | |
| 208 | Studio | 608 sqft | AED 515KAED 514,500 · Jan 2026January 2026 | 44,000 /yr | |
| 209 | 2-bed | 998 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 73,500 /yr | |
| 210 | Studio | 574 sqft | AED 670KAED 670,000 · Sep 2026September 2026 | 43,000 /yr | |
| 211 | Studio | 476 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | 27,000 /yr | |
| 212 | Studio | 497 sqft | AED 550KAED 550,000 · Mar 2025March 2025 | 34,000 /yr | |
| 213 | Studio | 525 sqft | AED 465KAED 465,000 · Nov 2018November 2018 | 55,000 /yr | |
| 214 | Studio | 527 sqft | AED 545KAED 545,000 · Jul 2018July 2018 | ||
| 215 | Studio | 522 sqft | AED 545KAED 545,000 · Oct 2017October 2017 | 48,000 /yr | |
| 216 | Studio | 491 sqft | AED 555KAED 555,000 · Nov 2024November 2024 | 55,000 /yr | |
| 217 | Studio | 523 sqft | AED 350KAED 350,000 · Mar 2024March 2024 | 45,000 /yr | |
| 218 | Studio | 521 sqft | AED 405KAED 405,000 · Oct 2022October 2022 | 30,000 /yr | |
| 219 | 1-bed | 894 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 72,000 /yr |
202, Shamal Waves in numbers
- Sold 4 times: first on 15 December 2019 for AED 15,479, last on 19 March 2024 for AED 552,000 (AED 748 per sqft).
- Rented since April 2019 on 3 Ejari contracts, from AED 46,154 to AED 29,000 a year.
- At AED 29,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 10,700 a year (AED 14.48 per sqft).
- Studios in Shamal Waves sold for AED 514,500–750,000 in the 12 months to November 2026; the building's median across all types is AED 866 per sqft.
Source: Dubai Land Department. Updated 19 March 2024.
Questions about 202, Shamal Waves
What did unit 202 last sell for?
AED 552,000 on 19 March 2024: AED 748 per sqft for 737 sqft. The unit has 4 registered sales; the first was AED 15,479 in December 2019.
What is the rent for unit 202?
AED 29,000 a year on the contract signed on 6 December 2022. The previous contract, from December 2021, was AED 29,000; the unit has been rented since April 2019.
How big is unit 202?
737 sqft (68.5 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.
What is unit 202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Shamal Waves sold for AED 514,500 to 750,000 in the last 12 months, around AED 866 per sqft.
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Mortgage on 202, Shamal Waves
Starts from the last sale price (AED 552K, 19 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 552,000
- Deposit, UAE resident (20%)
- AED 110,400
- Deposit, non-resident (40%)
- AED 220,800
- Monthly over 25 years at 3.7%
- AED 2,258
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →