Shamal Waves
About the project Shamal Waves
(sq. ft.)
Shamal Waves is a residential complex located in Jumeirah Village Circle, Dubai. The development consists of two identical four-storey buildings. The project was developed by Lootah Real Estate Developers. Construction began in 2016 and was completed in 2018.
There are a total of 67 properties, including spacious studios and one- to two-bedroom apartments that feature open terraces, high-quality plumbing, fully equipped kitchens, built-in wardrobes, and balconies.
The complex provides a variety of amenities and services, including:
- Equipped gym with treadmills
- Large heated swimming pool
- Steam bath and sauna
- Children’s playground
- Parking
- Lounge areas
- Spa
- Security and video surveillance
- Concierge services
One-bedroom apartments have a minimum size of 119 sq. m (1,286 sq. ft.) and a starting price of AED 800,000 (USD 218,000). Studios have a minimum size of 48 sq. m (520 sq. ft.) and starting price of AED 385,000 (USD 105,000).
*The price is valid for 2021
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 520 sq. ft.
Location
Shamal Waves is located in Jumeirah Village Circle off Al Khail Road (E44). Residents have easy access to public transportation, including buses, taxis, and the Metro. The nearest bus stop, Sandoval Lane, is situated within a five-minute walk of the residences, and the nearest Metro station, Al Furjan, can be reached within a 15-minute drive. The complex is located near Sandoval Gardens, Shamal Residences, and Hyati Residence.
For groceries and household goods, residents can shop at Sprouts Hypermarket, Aswaaq Mart, Circle Mall, and the Mall of the Emirates. Residents can choose from a selection of local restaurants and cafes. Marmarita Restaurant, Jeita Restaurant, Like View Restaurant, Wide Range JVC, Socialicious, Pinza, Abu Al Homus, and Bawarchi are situated within a 15- to 20-minute drive of the apartments.
Residents can take advantage of nearby educational institutions. Kids World Nursery, Ladybird Early Learning Centre, Little Wonders Nursery, JSS International School, Sunmarke School, Nord Anglia International School, the University of Wollongong, and Middlesex University Dubai can be reached within a 10- to 15-minute drive of the residences.
The complex is located within a short drive of several popular destinations, including:
- Al Khail Avenue, Dubai Autodrome, Dubai International Stadium, Saleh Bin Lahej Mosque, and Dubai Miracle Garden – 10 minutes
- Karama Medical Centre and Emirates Hospital Day Surgery – 10 minutes
- The Address Montgomerie – 15 minutes
- IMG Worlds of Adventure and Wild Wadi Waterpark – 20 minutes
- Kite Beach and Skydive Dubai – 25 minutes
Payback
One-bedroom apartments are the most popular units among tenants and investors.
One-bedroom apartments have a return on investment rate of 5.6%, and two-bedroom apartments have a return rate of 7.4%.
The annual rental rate for a studio starts at AED 33,000 (USD 9,000), and the annual rental rate for a one-bedroom apartment starts at AED 55,000 (USD 15,000).
*The price is valid for 2021
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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