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Project profile

Shamal Residences 2 Project · Jumeirah Village Circle · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Lootah Real Estate Development

Data to 5 November 2026

Registered sales
12
Last 12 months
Median ready price
AED 963
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 14 May 2016. In the last 12 months, Dubai Land Department registered 12 sales in Shamal Residences 2, worth AED 7.2M in total. The median price of ready homes was 963 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A completed project.

Construction progress100%

Completed

Start
15 April 2014
DLD end date
29 June 2016
Completion
14 May 2016
Units
128
Buildings
1

Shamal Residences 2 registered prices, over time.

Median registered price, AED per sq ft

Too few registered sales for a monthly price trend.

What does each home type sell and rent for in Shamal Residences 2?

  • Apartment · Studio

    Ready median price
    AED 550K
    Median yearly rent
    AED 49K
    Gross yield
    8.9%
  • Apartment · 1 bed

    Ready median price
    —
    Median yearly rent
    AED 70K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Jumeirah Village Circle area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Jumeirah Village Circle area report

The latest registered sales in Shamal Residences 2.

  • 22 Oct 2026

    ApartmentStudioReady755 sqft

    AED 610,000808 AED/sqft

  • 9 Oct 2026

    ApartmentStudioReady517 sqft

    AED 450,000870 AED/sqft

  • 3 Sep 2026

    ApartmentStudioReady517 sqft

    AED 480,000928 AED/sqft

  • 25 Jun 2026

    ApartmentStudioReady525 sqft

    AED 494,707942 AED/sqft

  • 25 Jun 2026

    ApartmentStudioReady517 sqft

    AED 488,869946 AED/sqft

  • 10 Apr 2026

    Apartment1 bedReady767 sqft

    AED 900,0001,173 AED/sqft

  • 25 Mar 2026

    ApartmentStudioReady571 sqft

    AED 670,0001,173 AED/sqft

  • 12 Feb 2026

    Apartment1 bedReady770 sqft

    AED 825,0001,071 AED/sqft

  • 30 Dec 2025

    ApartmentStudioReady517 sqft

    AED 570,0001,103 AED/sqft

  • 23 Dec 2025

    ApartmentStudioReady517 sqft

    AED 593,7951,149 AED/sqft

Questions about Shamal Residences 2

What is the price per sq ft in Shamal Residences 2?

In the 12 months to 5 November 2026, the median registered sale price of ready homes was 963 AED/sqft.

How many homes were sold in Shamal Residences 2 in the last 12 months?

In the last 12 months, Dubai Land Department registered 12 sales in Shamal Residences 2, worth AED 7.2M in total. The median price of ready homes was 963 AED/sqft. Registered sales to 5 November 2026.

What is the rent in Shamal Residences 2?

In the 12 months to 5 November 2026, Apartment · Studio was the most rented home type in Shamal Residences 2, at a median of AED 49,000 a year over 35 new contracts. Against its ready median price of AED 550,000, that is a gross yield of 8.9%, before service charges and other costs.

When was Shamal Residences 2 completed?

Dubai Land Department lists the project as completed on 14 May 2016.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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