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Studio · 567 sqftShamal Waves, Jumeirah Village Circle (JVC) · 2nd floor · completed 2018

204, Shamal Waves

Sold prices and rental history: sold 6 times, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 562K26 June 2025
Current rentAED 53K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Shamal Waves

What is 204 worth today?

Last sold for AED 562,000 in 2025

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16 Apr 2026RentedRenewal
AED 53,000/yr12 months · AED 94 per sqft
26 Jun 2025SoldReady
AED 562,000AED 991 per sqft
7 Apr 2025SoldReady
AED 484,300AED 854 per sqft
9 Jun 2024RentedRenewal
AED 35,200/yr12 months · AED 62 per sqft
25 Mar 2024SoldReady · flagged as an outlier
AED 2,068AED 3 per sqft
12 Jul 2023SoldReady
AED 46,125AED 814 per sqft
9 Jun 2022RentedNew contract
AED 32,000/yr12 months · AED 56 per sqft
28 Jan 2021RentedRenewal
AED 28,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
2nd of 4
Parking
G-204
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 8,200 /yr
Last sold
AED 562K · June 2025
Building
Shamal Waves

About 204, Shamal Waves

204 is a studio of 567 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 26 June 2025 for AED 562,000, or AED 991 per sqft, in line with the AED 974 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 16 April 2026, is AED 53,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 8,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical studio in Shamal Waves
0250K500K2017202020232026Typical sale price by year: 2017 AED 516,361; 2018 AED 495,000; 2019 AED 520,000; 2020 AED 448,996; 2022 AED 390,000; 2023 AED 50,378; 2024 AED 522,500; 2025 AED 550,000; 2026 AED 533,880Sold, March 2020: AED 405,206 (AED 715 per sqft)Sold, July 2023: AED 46,125 (AED 814 per sqft)Sold, April 2025: AED 484,300 (AED 854 per sqft)Sold, June 2025: AED 562,000 (AED 991 per sqft)

204 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Shamal Waves
40K20192021202320252027Typical rent by year: 2019 AED 36,500; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 29,000; 2023 AED 31,900; 2024 AED 37,994; 2025 AED 41,140; 2026 AED 48,000New contract, January 2020: AED 33,000 a yearNew contract, January 2020: AED 33,000 a yearRenewal, January 2021: AED 28,000 a yearNew contract, June 2022: AED 32,000 a yearRenewal, June 2024: AED 35,200 a yearRenewal, April 2026: AED 53,000 a year

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 204 sits

All 51 studios →

204 last sold in June 2025 at AED 991 per sqft, in line with what studios in Shamal Waves were fetching at the time (AED 974). 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. 204's AED 53,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Sep 2026670,000
23 Jul 2026605,000
16 Mar 2026530,000
20 Feb 2026690,000
12 studio sales in the last 12 months

Shamal Waves

Building

68 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%
Shamal Waves, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 68 units in Shamal Waves
Value
201StudioAED 534K · Jan 2026
202StudioAED 552K · Mar 2024
203StudioAED 630K · Aug 2025
205StudioAED 520K · Feb 2024
206StudioAED 555K · May 2019
207StudioAED 550K · May 2025
208StudioAED 515K · Jan 2026
1–7 of 18

204, Shamal Waves in numbers

  • Sold 6 times: first on 19 December 2019 for AED 11,899, last on 26 June 2025 for AED 562,000 (AED 991 per sqft).
  • Rented since January 2020 on 6 Ejari contracts. The rent fell from AED 33,000 to AED 28,000 in 2021 and recovered to AED 53,000 by April 2026.
  • At AED 53,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 8,200 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 16 April 2026.

Questions about 204, Shamal Waves

What did unit 204 last sell for?

AED 562,000 on 26 June 2025: AED 991 per sqft for 567 sqft. The unit has 6 registered sales; the first was AED 11,899 in December 2019.

What is the rent for unit 204?

AED 53,000 a year on the contract renewed on 16 April 2026. The previous contract, from June 2024, was AED 35,200; the unit has been rented since January 2020.

How big is unit 204?

567 sqft (52.7 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 204 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 204, Shamal Waves

Starts from the last sale price (AED 562K, 26 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 562,000
Deposit, UAE resident (20%)
AED 112,400
Deposit, non-resident (40%)
AED 224,800
Monthly over 25 years at 3.7%
AED 2,299

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →