PropertyIndex

Shamal Terraces 4

Completed · Q2 2016|9 villas

Alerts: Get notified of every new DLD-registered sale and rental contract.

Shamal Terraces 4 is a completed villas development by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 9 registered villas. 11 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,181 per sqft. At AED 1,181 per sqft, Shamal Terraces 4 prices 19% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price
2.94MAED
Typical
1,181AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
11
DLD · all time
Rent contracts
40
Ejari · all time
Shamal Terraces 4

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
2,171 – 3,826 sqft
92.94M1,181185K6.3%
Residential
3 Bed · Villa
2,196 – 3,826 sqft
2
4 Bed · Villa
2,171 – 2,686 sqft
7
Land
Land
23,597 sqft
Sales — Project-Wide11 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
DateUnitSizePricePSFvs Prior SaleTierType
15 Jul 20244 Bed2,2033,150,0001,430+76.0%StandardStandard Sale
12 Oct 20214 Bed2,2011,838,652835PremiumStandard Sale
10 Jun 20214 Bed2,1941,830,000834PremiumStandard Sale
Rentals — Project-Wide40 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
8 Mar 20264 Bed2,173240,000110+9.1%Standardrenewal
15 Oct 20253 Bed2,196250,000114+25.3%Standardnew
8 Mar 20254 Bed2,173220,000101+15.8%Standardrenewal

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 Terraces 4

Answered from Dubai Land Department registered transactions.

How much does a property in Shamal Terraces 4 cost?

Property in Shamal Terraces 4 sells at a current PIX© price of AED 1,181 per sqft, or about AED 2,941,670 for a typical unit, based on 11 sales registered with the Dubai Land Department.

Is Shamal Terraces 4 completed?

Yes. Shamal Terraces 4 is recorded as completed in the Dubai Land Department project register (completed q2 2016).

Who is the developer of Shamal Terraces 4?

Shamal Terraces 4 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 Terraces 4?

Shamal Terraces 4 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 40 registered Ejari contracts.

How many villas are in Shamal Terraces 4?

Shamal Terraces 4 holds 9 registered villas, per the Dubai Land Department unit register.