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SHAMAL WAVES

Project

LOOTAH REAL ESTATE DEVELOPMENT L.L.C

Project typeBuildings

Master developerشركة نخيل (ش.م.خ)

Escrow agentبنك دبي الاسلامي (شركة مساهمة عامة)

StatusFinished

Completed100%

Start2016-08-01

Handover2018-12-09

Buildings1

MIDRISE RESIDENTAIL BUILDING (2B+G+3 typical+4th Loft floor+roof+upper roof)

Buildings

SHAMAL WAVES 1

Floors4

Apartments68

Parking68

Apartments

Studio51

1 B/R14

2 B/R3

Official sales

Sales from 2008–2026

Number of sale deals186

Apartment185

Median sale price450,000 AED

Median price per sqft755 AED

Studio140

Median sale price449,845 AED

Median price per sqft798 AED

1 B/R39

Median sale price101,126 AED

Median price per sqft656 AED

2 B/R6

Median sale price903,748 AED

Median price per sqft906 AED

Whole building1

Median sale price5,441,900 AED

Median price per sqft262 AED

Official rent

Rent from 2019–2026

Number of rent contracts333

Apartment333

Studio239

Median year rent35,000 AED

1 bedroom68

Median year rent64,801 AED

2 bedrooms8

Median year rent69,250 AED

rooms not stated18

Median year rent66,950 AED