Studio · 608 sqftShamal Waves, Jumeirah Village Circle (JVC) · 2nd floor · completed 2018

208, Shamal Waves

Sold prices and rental history: sold 5 times, last in January 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 12 March 2026
Last soldAED 515K19 January 2026
Current rentAED 44K /yr12 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Shamal Waves

What is 208 worth today?

Last sold for AED 514,500 in 2026

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12 Mar 2026RentedRenewal
AED 44,000/yr12 months · AED 73 per sqft
19 Jan 2026SoldReady
AED 514,500AED 845 per sqft
12 Mar 2025RentedRenewal
AED 39,930/yr12 months · AED 65 per sqft
12 Mar 2025RentedRenewal
AED 39,930/yr12 months · AED 65 per sqft
26 Mar 2024SoldReady · flagged as an outlier
AED 2,192AED 3 per sqft
12 Jul 2023SoldReady
AED 48,759AED 801 per sqft
12 Mar 2023RentedRenewal
AED 33,000/yr12 months · AED 54 per sqft
12 Mar 2022RentedRenewal
AED 29,700/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 12 March 2026.

Key facts

Type
Studio apartment
Size
608 sqft
Floor
2nd of 4
Parking
G-208
Developer
Lootah Real Estate Development
Completed
2018
Service charge
AED 8,800 /yr
Last sold
AED 515K · January 2026
Building
Shamal Waves

About 208, Shamal Waves

208 is a studio of 608 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 January 2026 for AED 514,500, or AED 845 per sqft, in line with the AED 866 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 12 March 2026, is AED 44,000 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 8,800 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, February 2020: AED 434,171 (AED 713 per sqft)Sold, July 2023: AED 48,759 (AED 801 per sqft)Sold, January 2026: AED 514,500 (AED 845 per sqft)

208 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, 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, March 2021: AED 27,000 a yearRenewal, March 2022: AED 29,700 a yearRenewal, March 2023: AED 33,000 a yearRenewal, March 2025: AED 39,930 a yearRenewal, March 2025: AED 39,930 a yearRenewal, March 2026: AED 44,000 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 208 sits

All 51 studios →

208 last sold in January 2026 at AED 845 per sqft, in line with what studios in Shamal Waves were fetching at the time (AED 866). 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. 208's AED 44,000 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
205StudioAED 520K · Feb 2024
206StudioAED 555K · May 2019
207StudioAED 550K · May 2025
1–7 of 18

208, Shamal Waves in numbers

  • Sold 5 times: first on 15 December 2019 for AED 12,778, last on 19 January 2026 for AED 514,500 (AED 845 per sqft).
  • Rented since March 2021 on 6 Ejari contracts, from AED 27,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2026 price is 8.6%, before a service charge of about AED 8,800 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 12 March 2026.

Questions about 208, Shamal Waves

What did unit 208 last sell for?

AED 514,500 on 19 January 2026: AED 845 per sqft for 608 sqft. The unit has 5 registered sales; the first was AED 12,778 in December 2019.

What is the rent for unit 208?

AED 44,000 a year on the contract renewed on 12 March 2026. The previous contract, from March 2025, was AED 39,930; the unit has been rented since March 2021.

How big is unit 208?

608 sqft (56.5 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 208 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 208, Shamal Waves

Starts from the last sale price (AED 515K, 19 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 514,500
Deposit, UAE resident (20%)
AED 102,900
Deposit, non-resident (40%)
AED 205,800
Monthly over 25 years at 3.7%
AED 2,105

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