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Ask ClaudeShamal Terraces 3 is a completed community by LOOTAH REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 10 registered villas. 12 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,196 per sqft. At AED 1,196 per sqft, Shamal Terraces 3 prices 36% below the Jumeirah Village Circle median of AED 1,864 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
- Jul 2017 to Apr 2025
- Owners
- 3
- Tenants
- 3
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 3Owner 3 | 28 Apr 2025 | 17 mo | Current owner Mortgage | |||
| 2Owner 2 | 12 Apr 2021 | 4.0 yrs | Mortgage | |||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record | ||||
| 3Tenant 3 | 5 Oct 2019 | 18 mo | Owner not on record | |||
| 2Tenant 2 | 5 Oct 2018 | 12 mo | Owner not on record | |||
| 1Tenant 1 | 20 Jul 2017 | 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 2,124 - 4,172 sqft | 10 | 3.31M | 1,196 | ↑0.7% | 206K | 6.2% | |
| Residential | |||||||
3 Bed · Villa 2,124 - 2,178 sqft | 7 | - | - | ||||
4 Bed · Villa 2,127 - 4,172 sqft | 3 | - | - | - | |||
| Land | |||||||
Land 26,875 sqft | - | - | - | - | - | - | |
| Date | Unit No. | Beds | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 28 Apr 2025 | 3 Bed | 2,132 | 3,300,000 | 1,548 | +73.7% | Standard | Standard Sale | |
| 4 Aug 2023 | 4 Bed | 4,172 | 3,000,000 | 719 | - | Standard | Standard Sale | |
| 16 Jun 2021 | — | 4 Bed | 2,127 | 1,800,000 | 846 | - | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 20 Dec 2025 | — | 4 Bed | 2,127 | 220,000 | 103 | - | Standard | CONTRACT |
| 23 Sep 2025 | 4 Bed | 4,172 | 270,000 | 65 | - | Standard | CERTIFICATE | |
| 20 Nov 2024 | — | 4 Bed | 2,127 | 200,000 | 94 | - | 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.
- Artistic VillasAED 1,472/sqft
- SummerAED 1,491/sqft
- Grand GlowAED 1,493/sqft
Common questions about Shamal Terraces 3
Answered from Dubai Land Department registered transactions.
How much does a property in Shamal Terraces 3 cost?
Property in Shamal Terraces 3 sells at a current PIX© price of AED 1,196 per sqft, or about AED 3,308,760 for a typical unit, based on 12 sales registered with the Dubai Land Department.
Is Shamal Terraces 3 completed?
Yes. Shamal Terraces 3 is recorded as completed in the Dubai Land Department project register.
Who is the developer of Shamal Terraces 3?
Shamal Terraces 3 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 3?
Shamal Terraces 3 yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 30 registered Ejari contracts.
How many villas are in Shamal Terraces 3?
Shamal Terraces 3 holds 10 registered villas, per the Dubai Land Department unit register.
Have prices in Shamal Terraces 3 gone up or down?
Price per sqft has risen +0.7% over the last 12 months, to AED 1,196, across 12 registered sales.