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. 209 sales are registered with the Dubai Land Department, at a current PIX© price of AED 985 per sqft. At AED 985 per sqft, Shamal Residences 2 prices 27% below the Jumeirah Village Circle median of AED 1,351 per sqft on registered sales.

PIX© price · ↑10.9% YoY

599KAED

Typical

985AED

PSF

Gross yield

9.8%

PIX© rent ÷ PIX© price

Sale records

209

DLD · all time

Rent contracts

699

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai20 min · 19.9 km

DXB Airport24 min · 32.6 km

DIFC24 min · 23.9 km

Dubai Marina19 min · 14.6 km

Palm Jumeirah19 min · 16.6 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 15.2 km

MallTdawi UAE0.3 km

SchoolChubby Cheeks Nursery JVC0.4 km

HospitalMediclinic Me'aisem1.2 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		7 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

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1 Bed · Floor 4 · Shamal Residences 2

Nightly rateAED

Occupancy (237 nights)

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Shamal Residences 2985AED/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	599K	985	↑10.9%	59K	9.8%
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-Wide209 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
3 Sep 2026	Studio	Shamal Residences 2 · Floor 3	517	480,000	928	-2.0%	Standard	Standard Sale
24 Jun 2026	Studio	Shamal Residences 2 · Floor 1	525	494,707	942	+41.3%	Standard	Standard Sale
24 Jun 2026	Studio	Shamal Residences 2 · Floor 1	517	488,869	945	+10.5%	Standard	Standard Sale

Rentals - Project-Wide699 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
1 Oct 2026	1 Bed	Shamal Residences 2 · Floor 4	771	84,307	109	-	Standard	CONTRACT
10 Sep 2026	1 Bed	Shamal Residences 2 · Floor 4	771	72,000	93	-	Standard	CERTIFICATE
1 Sep 2026	1 Bed	Shamal Residences 2 · Floor 4	771	70,000	91	-	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

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Shamal Residences 2

Compared with

Diamond Views 1

PIX© PSF

977

Rank

#41 of 47

#40 of 47

Typical price

607K

Yield

9.3%

Units

128

184

Sales

Rents

311

437

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
	Dar Al Jawhara REALTY ONE REAL ESTATE DEVELOPMENT · Completed	117					28	302
	Joya Verde Residences GREEN YARD PROPERTES DEVELOPMENT L.L.C · Completed	110					43	204
	Chaimaa Premiere DEVAL REAL ESTATE DEVELOPMENT L.L.C · Completed	96					33	245
	Kensington Manor ACW HOLDING LTD · Completed	217					97	417
	Diamond Views 1 DIAMOND DEVELOPERS CO.LIMITED · Completed	184					68	437
41	Shamal Residences 2 LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	128	977	Subject	607K	9.3%	58	311
	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94					57	217
	Botanica MYRA REAL ESTATE DEVEIOPMENT L.L.C · Completed	121					56	288
	Shamal Waves LOOTAH REAL ESTATE DEVELOPMENT L.L.C · Completed	68					45	178
	Magnolia 1 DAMAC · Completed	100					37	310
	Knightsbridge Court ACW HOLDING LTD · Completed	169					81	361

Community median 1,351 AED/sqft. Showing the closest-ranked peers of 47 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 152 excluded for trading only in the off-plan market. 13 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.

Diamond Views 1AED 993/sqft
Masaar ResidenceAED 968/sqft
Kensington ManorAED 1,007/sqft
BotanicaAED 961/sqft
Shamal WavesAED 955/sqft
Chaimaa PremiereAED 1,032/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 985 per sqft, or about AED 599,265 for a typical unit, based on 209 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 9.8% gross, calculated from current PIX© rent against current PIX© sale price, across 699 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 +10.9% over the last 12 months, to AED 985, across 209 registered sales.