218, Shamal Waves
Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Shamal Waves
What is 218 worth today?
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Source: Dubai Land Department. Updated 10 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 521 sqft
- Floor
- 2nd of 4
- Parking
- B1-218
- Developer
- Lootah Real Estate Development
- Completed
- 2018
- Service charge
- AED 7,500 /yr
- Last sold
- AED 405K · October 2022
- Building
- Shamal Waves
About 218, Shamal Waves
218 is a studio of 521 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 10 October 2022 for AED 405,000, or AED 777 per sqft, 4% above the AED 745 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 July 2022, is AED 30,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 7,500 a year.
Sales and rents for 218 over time
218 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 218 sits
All 51 studios →218 last sold in October 2022 at AED 777 per sqft, 4% above what studios in Shamal Waves were fetching at the time (AED 745). 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. 218's AED 30,000 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 | |
| 202 | Studio | 737 sqft | AED 552KAED 552,000 · Mar 2024March 2024 | 29,000 /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 | |
| 219 | 1-bed | 894 sqft | AED 850KAED 850,000 · Sep 2024September 2024 | 72,000 /yr |
218, Shamal Waves in numbers
- Sold 3 times: first on 26 September 2017 for AED 600,000, last on 10 October 2022 for AED 405,000 (AED 777 per sqft).
- Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 30,000 by July 2022.
- At AED 30,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 7,500 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 10 October 2022.
Questions about 218, Shamal Waves
What did unit 218 last sell for?
AED 405,000 on 10 October 2022: AED 777 per sqft for 521 sqft. The unit has 3 registered sales; the first was AED 600,000 in September 2017.
What is the rent for unit 218?
AED 30,000 a year on the contract signed on 15 July 2022. The previous contract, from June 2021, was AED 26,000; the unit has been rented since March 2020.
How big is unit 218?
521 sqft (48.4 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.
What is unit 218 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 218, Shamal Waves
Starts from the last sale price (AED 405K, 10 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 405,000
- Deposit, UAE resident (20%)
- AED 81,000
- Deposit, non-resident (40%)
- AED 162,000
- Monthly over 25 years at 3.7%
- AED 1,657
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →