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ReadyHanded over

Shamal Waves

by Lootah Real Estate Development Jumeirah Village Circle

About Shamal Waves

Shamal Waves is a residential building by Lootah Real Estate Development, in Jumeirah Village Circle, Dubai. It rises 4 storeys (2 basement levels, a ground floor and 3 floors), built as a concrete structure with internal and external finishes. The project comprises 68 homes.

Key information

Lootah Real Estate Development
Developer
Lootah Real Estate Development
Handover
Q4 2018
Status
Handed over
Location
Jumeirah Village Circle, Dubai
Master project
Jumeirah Village Circle
Construction started
2016
Number of buildings
1
Number of units
68
Registered with DLD
13 Dec 2016
Escrow bank
Dubai Islamic Bank
Escrow account no.
001582098189001
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2016
  2. Handed over
    Q4 2018

Construction progress

33 inspection photos from the Dubai Land Department. Latest 09 Dec 2018 at 100% complete.

Shamal Waves construction — photo 1
Shamal Waves construction — photo 2
Shamal Waves construction — photo 3
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Shamal Waves construction — photo 5
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Shamal Waves construction — photo 7
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Shamal Waves construction — photo 9
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Shamal Waves construction — photo 18
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Shamal Waves construction — photo 33

Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
2 Elevators
4 Floors
68 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
119
Median price
AED 524K
Median price / sqft
AED 855+253%
Off-plan share
24%

Priced 25% below than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio94592 sqftAED 502KAED 863
1 Bed191,277 sqftAED 1.0MAED 804
2 Bed5998 sqftAED 923KAED 926

Price per sqft by year

+253% since 2008

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
03 Sept 2026Resale574 sqftAED 670KAED 1K
23 Jul 2026Resale608 sqftAED 605KAED 994
16 Mar 2026Resale608 sqftAED 530KAED 871
20 Feb 2026Resale633 sqftAED 690KAED 1K
19 Jan 2026Resale645 sqftAED 534KAED 827
19 Jan 2026Resale633 sqftAED 534KAED 843
19 Jan 2026Resale608 sqftAED 515KAED 846
19 Jan 2026Resale633 sqftAED 544KAED 858

Unit mix

68 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Studio51-
1 B/R14-
2 B/R3-

Payment plan

Payment plans are set by Lootah Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

Shamal Waves has already been handed over (Q4 2018), according to Dubai Land Department records.

Other new projects in Jumeirah Village Circle

More off-plan launches around Jumeirah Village Circle.

Handover Q4 2018100% complete

Shamal Waves

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