Ask ChatGPT
Ask ClaudeShamal Terraces 2 is a completed community by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 17 registered villas. 30 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,286 per sqft. At AED 1,286 per sqft, Shamal Terraces 2 prices 31% below the Jumeirah Village Circle median of AED 1,861 per sqft on registered sales.
PIX© Unit History
Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.
3 Bed
- Size
- Record
- Sep 2013 to Sep 2026
- Owners
- 4
- Tenants
- 6
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 4Owner 4 | 24 Sep 2026 | 38 d | Current owner Sold with tenant in place Mortgage | |||
| 6Tenant 6 | 25 Jun 2026 | Owner 3 | ||||
| 3Owner 3 | 14 Jan 2026 | 8 mo | Mortgage | |||
| 2Owner 2 | 29 Aug 2022 | 3.4 yrs | Sold with tenant in place Mortgage | |||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record | ||||
| 5Tenant 5 | 4 Dec 2021 | 12 mo | Renewal Owner not on record | |||
| 5Tenant 5 | 1 Nov 2020 | 13 mo | Owner not on record | |||
| 4Tenant 4 | 20 Oct 2019 | 12 mo | Owner not on record | |||
| 3Tenant 3 | 18 Sep 2018 | 12 mo | Owner not on record | |||
| 2Tenant 2 | 18 Sep 2017 | 12 mo | Renewal Owner not on record | |||
| 2Tenant 2 | 18 Sep 2016 | 12 mo | Renewal Owner not on record | |||
| 2Tenant 2 | 18 Sep 2015 | 12 mo | Owner not on record | |||
| 1Tenant 1 | 18 Sep 2013 | 12 mo | Owner not on record |
Your nightly rate and occupancy, against this unit’s registered record.
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 | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 2,333 - 3,412 sqft | 17 | 3.48M | 1,286 | ↑5.3% | 199K | 5.7% | |
| Residential | |||||||
3 Bed · Villa 2,333 - 3,412 sqft | 17 | ||||||
| Land | |||||||
Land 42,177 sqft | - | - | - | - | - | - | |
| Date | Unit No. | Beds | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 24 Sep 2026 | — | 3 Bed | 2,333 | 3,300,000 | 1,415 | -13.8% | Standard | Standard Sale |
| 4 Sep 2026 | — | 3 Bed | 2,333 | 3,100,000 | 1,329 | +16.1% | Standard | Standard Sale |
| 3 Apr 2026 | 3 Bed | 3,231 | 3,875,000 | 1,199 | +49.0% | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | 3 Bed | 2,336 | 210,000 | 90 | - | Standard | CERTIFICATE | |
| 1 Aug 2026 | — | 3 Bed | 2,333 | 200,000 | 86 | - | Standard | CONTRACT |
| 25 Jun 2026 | — | 3 Bed | 2,333 | 180,000 | 77 | - | Standard | CERTIFICATE |
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.
- SummerAED 1,429/sqft
- Hyati ResidencesAED 1,777/sqft
Common questions about Shamal Terraces 2
Answered from Dubai Land Department registered transactions.
How much does a property in Shamal Terraces 2 cost?
Property in Shamal Terraces 2 sells at a current PIX© price of AED 1,286 per sqft, or about AED 3,475,949 for a typical unit, based on 30 sales registered with the Dubai Land Department.
Is Shamal Terraces 2 completed?
Yes. Shamal Terraces 2 is recorded as completed in the Dubai Land Department project register.
Who is the developer of Shamal Terraces 2?
Shamal Terraces 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 Terraces 2?
Shamal Terraces 2 yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 109 registered Ejari contracts.
How many villas are in Shamal Terraces 2?
Shamal Terraces 2 holds 17 registered villas, per the Dubai Land Department unit register.
Have prices in Shamal Terraces 2 gone up or down?
Price per sqft has risen +5.3% over the last 12 months, to AED 1,286, across 30 registered sales.