Shamal Waves in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Shamal Waves

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	59	10,489	615,000

Rents in Shamal Waves

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	83	904	75,000

The cap rate (rental yield) of investments into Shamal Waves project is 8.6% on average.

The price of an apartment in Shamal Waves is 10,489 AED/sqm on average.

The long term rent of an apartment in Shamal Waves is 904 AED/sqm/year on average.

Price for completed Studio apartment in Shamal Waves is 615,000 AED or 10,489 AED/sqm.

Rent for 1 bedroom apartment in Shamal Waves is 75,000 AED or 904 AED/sqm.

About Shamal Waves

'Shamal Waves' in 'Jumeirah Village Circle' area project description

The Shamal Waves project in Dubai is an ambitious initiative to create a world-class surfing destination in the Middle East. Located in the Arabian Gulf, the project will feature a series of artificial reefs and wave pools to create a unique surfing experience. The project is being developed by the Dubai-based company, Wavegarden, and is expected to open in 2021.

The project will feature two distinct surfing areas, the first being a large wave pool with a variety of waves suitable for all levels of surfers. The second area will be a series of artificial reefs, which will create a more challenging environment for experienced surfers. The project is designed to provide a safe and enjoyable surfing experience, with the reefs providing a natural barrier from the open ocean.

The project will also include a variety of amenities, such as a surf shop, restaurants, and a beach club. The beach club will feature a variety of activities, such as yoga, paddle boarding, and beach volleyball. The project will also feature a variety of educational programs, such as surf camps and lessons, as well as a surf school for children.

The project is expected to create hundreds of jobs in the region, as well as provide a unique experience for tourists and locals alike. The project is also expected to have a positive environmental impact, as the artificial reefs will help to protect the local marine life.

The Shamal Waves project is an exciting initiative that will create a world-class surfing destination in the Middle East. With its unique combination of wave pools and artificial reefs, the project will provide a safe and enjoyable experience for all levels of surfers. The project is also expected to create hundreds of jobs, as well as provide a unique experience for tourists and locals alike.

Q&A on Shamal Waves

What are the advantages of 'Shamal Waves' project in Dubai for property buyers? What are the disadvantages?

1. Increased Connectivity: The Shamal Waves project will provide improved connectivity between the northern and southern parts of Dubai, making it easier for real estate buyers to access different areas of the city.

2. Improved Infrastructure: The project will also bring improved infrastructure to the area, including roads, bridges, and other amenities. This will make it easier for real estate buyers to access the area and find the properties they are looking for.

3. Increased Property Values: The improved infrastructure and connectivity will likely lead to increased property values in the area, making it a more attractive option for real estate buyers.

4. Increased Tourism: The project will also bring increased tourism to the area, which could lead to increased demand for real estate. This could result in higher prices and more opportunities for real estate buyers.

What projects are better than 'Shamal Waves' project in Dubai which are located close by, and why?

1. Belgravia II by Ellington Properties
- Why: Known for its high-quality finishes and detailed attention to design, Belgravia II offers modern, spacious apartments with impressive amenities such as a swimming pool, gym, and landscaped gardens. The developer is reputed for delivering premium residences.

2. Signature Livings by Green Group
- Why: This project stands out for its commitment to sustainability, offering eco-friendly features and energy-efficient homes. It also comes with high-end facilities such as a rooftop garden, open-air cinema, and a yoga studio.

3. Oxford Residences by Iman Developers
- Why: Offers a blend of luxury and affordability with a focus on contemporary design. Residents benefit from a rooftop pool, fully-equipped gym, and high-standard finishes. It has received positive feedback for its smart home features.

4. Bloom Towers by Bloom Properties
- Why: Offers a range of premium amenities, including state-of-the-art fitness centers, co-working spaces, leisure and lap pools, and retail options. Its strategic location provides easy access to major transportation routes and community parks.

5. La Riviera Apartments by B&M Riviera Developments
- Why: Known for large apartment layouts, a grand lobby, and excellent communal facilities. It provides a range of amenities, such as a temperature-controlled swimming pool, a gymnasium, and a children’s play area.

6. Knightsbridge Court by ACW Holdings
- Why: Renowned for its affordability without compromising on quality. The project includes a rooftop swimming pool, gym, sauna, and spacious apartments with well-designed interiors. It’s popular for offering value for money.