Dubai project data
SHAMAL WAVES: rents and rent contracts
شمال ويفس
Registered sales and rent contracts for the project SHAMAL WAVES in Jumeirah Village Circle, from Dubai Land Department open data.
SHAMAL WAVES (Jumeirah Village Circle): 44 registered rent contracts in the 12 months to September 2026, median annual rent AED 51,667. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 543,500
- Off-plan share of sales
- under 3
- Median annual rent
- AED 51,667
- Gross rental yield
- under 30 sales (13)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in SHAMAL WAVES
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 13 | AED 871 per sq ft | 846 – 1,017 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in SHAMAL WAVES
- Median annual rent per sq ft
- AED 84 per sq ft
- Gross rental yield
- under 30 sales (13)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 13 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in SHAMAL WAVES
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 13 | AED 871 per sq ft | AED 48,000 | under 30 sales (13) |
| 1 bedroom | under 3 | under 3 | AED 76,000 | under 3 sales |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in SHAMAL WAVES
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 4 |
| Nov 2024 | under 3 | under 3 | 6 |
| Jan 2025 | under 3 | under 3 | 6 |
| Feb 2025 | under 3 | under 3 | 4 |
| Mar 2025 | 3 | AED 988 per sq ft | 4 |
| Apr 2025 | 3 | AED 873 per sq ft | 3 |
| Jun 2025 | under 3 | under 3 | 3 |
| Aug 2025 | 4 | AED 852 per sq ft | under 3 |
| Sep 2025 | under 3 | under 3 | 5 |
| Oct 2025 | under 3 | under 3 | 7 |
| Nov 2025 | under 3 | under 3 | 7 |
| Dec 2025 | 3 | AED 1,017 per sq ft | under 3 |
| Jan 2026 | 5 | AED 843 per sq ft | 6 |
| Mar 2026 | under 3 | under 3 | 5 |
| May 2026 | under 3 | under 3 | 4 |
| Jul 2026 | under 3 | under 3 | 4 |
| Sep 2026 | under 3 | under 3 | 4 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2017 | 15 | AED 975 per sq ft |
| 2018 | 12 | AED 943 per sq ft |
| 2019 | 37 | AED 21 per sq ft |
| 2020 | 26 | AED 714 per sq ft |
| 2022 | 8 | AED 718 per sq ft |
| 2023 | 12 | AED 644 per sq ft |
| 2024 | 26 | AED 4 per sq ft |
| 2025 | 22 | AED 873 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
SHAMAL WAVES is a project in the DLD area Al Barsha South Fourth.
Figures for Jumeirah Village Circle
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Jumeirah Village Circle
- AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
- Luma22 287 registered transactions and rent contracts in 12 months.
- Luma Park Views 284 registered transactions and rent contracts in 12 months.
- REGINA 229 registered transactions and rent contracts in 12 months.
- Stax 229 registered transactions and rent contracts in 12 months.
- REEF RESIDENCE 227 registered transactions and rent contracts in 12 months.
Questions about SHAMAL WAVES
- How many sales were registered in SHAMAL WAVES?
- 13 sales were registered in SHAMAL WAVES in Oct 2025 – Sep 2026.
- What is the median price per sq ft in SHAMAL WAVES?
- The median price of registered sales in SHAMAL WAVES was AED 871 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in SHAMAL WAVES?
- The median annual rent of registered rent contracts in SHAMAL WAVES was AED 51,667 in Oct 2025 – Sep 2026.
- Which DLD area is SHAMAL WAVES in?
- SHAMAL WAVES is registered in the Dubai Land Department area Al Barsha South Fourth (Jumeirah Village Circle).
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae