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Ask ClaudeShamal Terraces 2 is a completed community by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 17 registered villas. 29 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,209 per sqft. At AED 1,209 per sqft, Shamal Terraces 2 prices 38% below the Jumeirah Village Circle median of AED 1,950 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
- Apr 2013 to Oct 2023
- Owners
- 4
- Tenants
- 3
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 4Owner 4 | 10 Oct 2023 | 2.9 yrs | Current owner Mortgage | |||
| 3Tenant 3 | 10 Aug 2022 | 10 mo | Ended early Owner 3 | |||
| 2Tenant 2 | 1 Mar 2021 | 12 mo | Owner 3 | |||
| 1Tenant 1 | 1 Sep 2018 | 2.5 yrs | Owner 3 | |||
| 3Owner 3 | 26 May 2016 | 7.4 yrs | ||||
| 2Owner 2 | 17 Apr 2013 | 3.1 yrs | ||||
| Owner 1 · Undisclosed | — | Acquisition date and price 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 | 3.67M | 1,209 | ↓0.5% | 195K | 5.3% | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| 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 | |
| 14 Jan 2026 | — | 3 Bed | 2,333 | 3,830,000 | 1,642 | +76.1% | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 1 Aug 2026 | — | 3 Bed | 2,333 | 200,000 | 86 | - | Standard | CONTRACT |
| 25 Jun 2026 | — | 3 Bed | 2,333 | 180,000 | 77 | - | Standard | CERTIFICATE |
| 1 Jun 2026 | — | 3 Bed | 2,333 | 175,000 | 75 | - | Standard | CONTRACT |
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
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 1,209 per sqft, or about AED 3,666,139 for a typical unit, based on 29 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 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 108 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 fallen -0.5% over the last 12 months, to AED 1,209, across 29 registered sales.