Shamal Residences 2

Completed|128 units · 1 building

Shamal Residences 2 is a completed development by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 128 registered units. 211 sales are registered with the Dubai Land Department, at a current PIX© price of AED 921 per sqft. At AED 921 per sqft, Shamal Residences 2 prices 35% below the Jumeirah Village Circle median of AED 1,408 per sqft on registered sales.

PIX© price · ↓5.6% YoY

619KAED

Typical

921AED

PSF

Gross yield

8.5%

PIX© rent ÷ PIX© price

Sale records

211

DLD · all time

Rent contracts

710

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai20 min · 19.9 km

DXB Airport25 min · 32.6 km

DIFC25 min · 23.8 km

Dubai Marina20 min · 14.6 km

Palm Jumeirah20 min · 16.6 km

Nearby · straight-line

Metro stationJumeirah Golf Estates5.2 km

MallMe'aisem City Center1.2 km

SchoolSunmarke School0.7 km

HospitalMediclinic Parkview5.2 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 4

…

1 Bed on Floor 4, Shamal Residences 2

Size
Record: Feb 2017 to Feb 2026
Owners: 5
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
5Owner 5	12 Feb 2026		9 mo	Current owner
4Owner 4	2 May 2024		21 mo	Sold with tenant in place
5Tenant 5	1 Sep 2023		12 mo	Owner 3
4Tenant 4	1 Aug 2022		13 mo	Owner 3
3Owner 3	20 Oct 2021		2.5 yrs	Sold with tenant in place
3Tenant 3	1 Sep 2021		11 mo	Ended early Owner 2
2Tenant 2	28 Aug 2020		12 mo	Owner 2
1Tenant 1	21 Feb 2019		12 mo	Owner 2
2Owner 2	13 Feb 2017		4.7 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 4 · Shamal Residences 2

Nightly rateAED

Occupancy (237 nights)

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Shamal Residences 2921AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 517 - 1,820 sqft	128	619K	921	↓5.6%	53K	8.5%
Studio · Apartment 517 - 821 sqft	99
1 Bed · Apartment 764 - 1,005 sqft	25
2 Bed · Apartment 1,476 - 1,820 sqft	4			-

Sales - Project-Wide211 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
22 Oct 2026	Studio	Shamal Residences 2 · Floor 3	755	610,000	808	-22.2%	Entry Level	Standard Sale
9 Oct 2026	Studio	Shamal Residences 2 · Floor 2	517	450,000	870	-5.3%	Entry Level	Standard Sale
3 Sep 2026	Studio	Shamal Residences 2 · Floor 3	517	480,000	928	-2.0%	Standard	Standard Sale

Rentals - Project-Wide710 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
31 Oct 2026	Studio	Shamal Residences 2 · Floor 2	663	55,000	83	-	Premium	CONTRACT
31 Oct 2026	Studio	Shamal Residences 2 · Floor 2	517	47,000	91	-	Standard	CONTRACT
24 Oct 2026	1 Bed	Shamal Residences 2 · Floor 4	1,005	65,000	65	-	Entry Level	CERTIFICATE

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Shamal Residences 2

Compared with

Diamond Views 1

PIX© PSF

973

Rank

#41 of 50

#40 of 50

Typical price

601K

Yield

9.5%

Units

128

184

Sales

Rents

313

439

Developer

LOOTAH REAL ESTATE DEVELOPMENT L.L.C

DIAMOND DEVELOPERS CO.LIMITED

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Plazzo Heights PLAZZO DEVELOPMENT REAL ESTATE L.L.C · Completed	116					47	120
	Dar Al Jawhara REALTY ONE REAL ESTATE DEVELOPMENT · Completed	117					26	304
	Joya Verde Residences GREEN YARD PROPERTES DEVELOPMENT L.L.C · Completed	110					44	209
	Chaimaa Premiere DEVAL REAL ESTATE DEVELOPMENT L.L.C · Completed	96					32	243
	Diamond Views 1 DIAMOND DEVELOPERS CO.LIMITED · Completed	184					69	439
41	Shamal Residences 2 LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	128	973	Subject	601K	9.5%	60	313
	Gardenia 2 DAMAC · Completed	102					47	261
	Kensington Manor ACW HOLDING LTD · Completed	217					99	427
	Botanica MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	121					54	279
	Shamal Waves LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	68					43	177
	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94					58	223

Community median 1,408 AED/sqft. Showing the closest-ranked peers of 50 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 excluded for trading only in the off-plan market. 10 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Masaar ResidenceAED 951/sqft
Shamal WavesAED 956/sqft
BotanicaAED 962/sqft
Kensington ManorAED 964/sqft
Gardenia 2AED 965/sqft
Noora Residence 1AED 872/sqft

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 921 per sqft, or about AED 619,094 for a typical unit, based on 211 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.

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 8.5% gross, calculated from current PIX© rent against current PIX© sale price, across 710 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 fallen -5.6% over the last 12 months, to AED 921, across 211 registered sales.