PropertyIndex

Shamal Residences 2

Completed · Q2 2016|128 units · 1 building

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Shamal Residences 2 is a completed apartment development by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 128 registered units. 213 sales are registered with the Dubai Land Department, at a current PIX© price of AED 995 per sqft. At AED 995 per sqft, Shamal Residences 2 prices 31% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 29.7% YoY
682KAED
Typical
995AED
PSF
Gross yield
8.6%
PIX© rent ÷ PIX© price
Sale records
213
DLD · all time
Rent contracts
693
Ejari · all time
Shamal Residences 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
517 – 1,820 sqft
128682K99529.7%59K8.6%
Studio · Apartment
517 – 821 sqft
99
1 Bed · Apartment
764 – 1,005 sqft
25
2 Bed · Apartment
1,476 – 1,820 sqft
4
Villa (Bedrooms Unknown)
36,892 sqft
Sales — Project-Wide213 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
24 Jun 2026StudioFloor 1517488,869945+10.5%StandardStandard Sale
24 Jun 2026StudioFloor 1525494,707942+41.3%StandardStandard Sale
10 Apr 20261 BedFloor 4767900,0001,173+53.8%StandardStandard Sale
Rentals — Project-Wide693 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 174 rentals
Floors 1-2 · 99 rentals
Floors 3-4 · 75 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
16 Jul 2026Floor 351741,50080+8.9%Entry Levelrenewal
15 Jul 2026Floor 251750,00097-9.1%Standardnew
6 Jul 2026Floor 152555,000105-15.4%Premiumrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Shamal Residences 2

Answered from Dubai Land Department registered transactions.

How much does a property in Shamal Residences 2 cost?

Property in Shamal Residences 2 sells at a current PIX© price of AED 995 per sqft, or about AED 681,642 for a typical unit, based on 213 sales registered with the Dubai Land Department.

Is Shamal Residences 2 completed?

Yes. Shamal Residences 2 is recorded as completed in the Dubai Land Department project register (completed q2 2016).

Who is the developer of Shamal Residences 2?

Shamal Residences 2 is developed by LOOTAH REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Shamal Residences 2?

Shamal Residences 2 yields 8.6% gross, calculated from current PIX© rent against current PIX© sale price, across 693 registered Ejari contracts.

How many units are in Shamal Residences 2?

Shamal Residences 2 holds 128 registered units, per the Dubai Land Department unit register.

Have prices in Shamal Residences 2 gone up or down?

Price per sqft has risen +29.7% over the last 12 months, to AED 995, across 213 registered sales.