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Studio · 629 sqftShamal Waves, Jumeirah Village Circle (JVC) · 2nd floor · completed 2018

205, Shamal Waves

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 520K19 February 2024
Current rentAED 37K /yr23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Shamal Waves

What is 205 worth today?

Last sold for AED 520,000 in 2024

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19 Feb 2024SoldReady
AED 520,000AED 826 per sqft
23 Dec 2022RentedNew contract
AED 37,000/yr12 months · AED 59 per sqft
20 Jul 2021RentedRenewal
AED 33,000/yr12 months · AED 53 per sqft
20 Jul 2020RentedRenewal
AED 33,000/yr12 months · AED 53 per sqft
20 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
25 Sep 2017Sold by developerOff-plan
AED 701,778AED 1,115 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
Studio apartment
Size
629 sqft
Floor
2nd of 4
Parking
G-205
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 9,100 /yr
Last sold
AED 520K · February 2024
Building
Shamal Waves

About 205, Shamal Waves

205 is a studio of 629 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 February 2024 for AED 520,000, or AED 826 per sqft, 3% above the AED 800 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 23 December 2022, is AED 37,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical studio in Shamal Waves
0500K2017202020232026Typical 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 by developer, September 2017: AED 701,778 (AED 1,115 per sqft)Sold, February 2024: AED 520,000 (AED 826 per sqft)

205 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 205, each contractTypical studio in Shamal Waves
30K40K50K20192021202320252027Typical 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, July 2019: AED 40,000 a yearRenewal, July 2020: AED 33,000 a yearRenewal, July 2021: AED 33,000 a yearNew contract, December 2022: AED 37,000 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 205 sits

All 51 studios →

205 last sold in February 2024 at AED 826 per sqft, 3% above what studios in Shamal Waves were fetching at the time (AED 800). 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. 205's AED 37,000 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
204StudioAED 562K · Jun 2025
206StudioAED 555K · May 2019
207StudioAED 550K · May 2025
208StudioAED 515K · Jan 2026
1–7 of 18

205, Shamal Waves in numbers

  • Sold twice: first on 25 September 2017 for AED 701,778, last on 19 February 2024 for AED 520,000 (AED 826 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 33,000 in 2021 and recovered to AED 37,000 by December 2022.
  • At AED 37,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 9,100 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 February 2024.

Questions about 205, Shamal Waves

What did unit 205 last sell for?

AED 520,000 on 19 February 2024: AED 826 per sqft for 629 sqft. The unit has 2 registered sales; the first was AED 701,778 in September 2017.

What is the rent for unit 205?

AED 37,000 a year on the contract signed on 23 December 2022. The previous contract, from July 2021, was AED 33,000; the unit has been rented since July 2019.

How big is unit 205?

629 sqft (58.4 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 205 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 205, Shamal Waves

Starts from the last sale price (AED 520K, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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