Shamal Residences 2 property prices & sales
Shamal Residences 2 at a glance written from registered records
Shamal Residences 2 recorded 11 registered sales in the last 12 months, worth AED 6.66M in total. The median price was AED 1,047 per sq ft, up 2.0% on the previous 12 months, and the median sale price was AED 550k. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 79 rental contracts registered in the same period, the median annual rent was AED 50,000, an indicative gross yield of 9.1%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 6 | 1,008 | AED 582,354 |
| 2025 | 26 | 1,039 | AED 556,500 |
| 2024 | 18 | 1,025 | AED 675,000 |
| 2023 | 7 | 876 | AED 460,000 |
| 2022 | 12 | 758 | AED 395,000 |
| 2021 | 6 | 705 | AED 465,000 |
| 2020 | 1 | 571 | AED 300,000 |
| 2019 | 10 | 772 | AED 410,000 |
| 2018 | 3 | 880 | AED 455,000 |
| 2017 | 76 | 999 | AED 540,000 |
| 2016 | 39 | 916 | AED 560,000 |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Studio | 30 | AED 526,763 | AED 545,000 | AED 570,000 | 1,039 | 517 sq ft |
| 1 B/R | 6 | AED 727,500 | AED 802,500 | AED 828,750 | 1,042 | 770 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-09-03 | Unit | Studio | Shamal Residences 2 | 517 | AED 480,000 | 928 |
| 2026-06-25 | Unit | Studio | Shamal Residences 2 | 525 | AED 494,707 | 942 |
| 2026-06-25 | Unit | Studio | Shamal Residences 2 | 517 | AED 488,869 | 945 |
| 2026-04-10 | Unit | 1 B/R | Shamal Residences 2 | 767 | AED 900,000 | 1,173 |
| 2026-03-25 | Unit | Studio | Shamal Residences 2 | 571 | AED 670,000 | 1,173 |
| 2026-02-12 | Unit | 1 B/R | Shamal Residences 2 | 770 | AED 825,000 | 1,071 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Shamal Residences 2
What is the average price per sq ft in Shamal Residences 2?
Over the last 12 months the median registered sale price in Shamal Residences 2 was AED 1,047 per sq ft (+2.0% year on year).
What is the rental yield in Shamal Residences 2?
Comparing the median annual rent (AED 50,000) with the median sale price (AED 550,000) over the last 12 months gives an indicative gross yield of 9.1%.
How many properties sold in Shamal Residences 2 in the last 12 months?
11 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Shamal Residences 2?
The median annual rent across 79 contracts registered in the last 12 months was AED 50,000.
Comparables in Jumeirah Village Circle 12m
Shamal Residences 2 ranks #240 of 295 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Serenz by Danube | 567 | 2,252 |
| Binghatti Ruby | 215 | 1,975 |
| Berkeley Square by Prestige One | 170 | 1,767 |
| Binghatti Amberhall | 520 | 1,701 |
| Auresta Tower | 328 | 1,695 |
| Pearl House IV By Imtiaz | 203 | 1,660 |
| Alta View Skyhomes | 176 | 1,642 |
| Binghatti Circle | 294 | 1,603 |
| Luma Park Views | 283 | 1,598 |
| Binghatti Apex | 286 | 1,513 |
| Stax | 229 | 1,451 |
| 311 Boulevard by Bam Eskan | 196 | 1,385 |
| Shamal Residences 2 | 11 | 1,047 |
Project record
| Developer | Lootah Real Estate Development L.L.C |
| Status | Finished |
| Completion | 100% |
| Handover | 2016-05-14 |
| Units | 128 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
