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Shamal Residences 2
Shamal Residences 2Jumeirah Village Circle
565,000 AEDmarket
1,057 AED/ft²
Delivered: Q2 2016
Completed
Lootah Real Estate Development

Shamal Residences 2

Jumeirah Village Circle

Studio, 1 - 2 BedsApartment

Launch price

632,000 AED

Payment Plan: -/60/40
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Buildings
Jumeirah Village Circle
Shamal Residences 2
Lootah Real Estate Development

Shamal Residences 2

Jumeirah Village Circle

Studio, 1 - 2 BedsApartment

Launch price

632,000 AED

Payment Plan: -/60/40

Shamal Residences 2

Jumeirah Village Circle

by Lootah Real Estate Development

Booking
-

Booking

Construction
60%

Construction

Handover
40%

Handover

Local Information

MapSchoolsShop & Eat
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Description

Shamal Residences 2 offers apartments for sale in Jumeirah Village Circle, a completed five-storey residential building by Lootah Real Estate Development with 139 units. Lootah Real Estate Development launched the project in 2014, with construction concluding by June 2016. The building was officially handed over in Q3 2017, featuring studios, 1-bedroom lofts, and 2-bedroom duplexes. Shamal Residences 2 provides amenities such as a swimming pool, gymnasium, sauna, and covered parking. The development is situated close to R90B Qmasha Street and Mayaas Boulevard. Residents have convenient access to major thoroughfares like Al Khail Road and Sheikh Mohammed Bin Zayed Road. Dubai Miracle Garden is approximately 4.6 km away, and The Springs Souk with Reel Cinemas is about 1.8 km from the building. The project is located within a 15-minute drive of Palm Jumeirah.

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Price Analysis for Shamal Residences 2

Apartment

Studio

11%
99 units
517 – 820 ft²
No market history available yet

Starting price

632K

1,193 /ft²

Current price

565K

1,057 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Shamal Residences 2

DatePriceTypeBeds
25 Mar 2026670,000ApartmentStudio571 ft²—1,173
30 Dec 2025570,000ApartmentStudio517 ft²—1,103
23 Dec 2025593,795ApartmentStudio517 ft²—1,149
12 Dec 2025550,000ApartmentStudio525 ft²—1,048
8 Dec 2025550,000ApartmentStudio571 ft²—963
13 Oct 2025535,000ApartmentStudio517 ft²—1,035
2 Oct 2025515,000ApartmentStudio517 ft²—996
29 Sep 2025565,000ApartmentStudio517 ft²—1,093
25 Sep 2025570,000ApartmentStudio517 ft²—1,103
1 Sep 2025442,247ApartmentStudio517 ft²—855
29 Aug 2025350,000ApartmentStudio525 ft²—667
14 Jul 2025580,000ApartmentStudio517 ft²—1,122
25 Mar 2026
670,000
StudioApartment

571 ft²

—

1,173

30 Dec 2025
570,000
StudioApartment

517 ft²

—

1,103

23 Dec 2025
593,795
StudioApartment

517 ft²

—

1,149

12 Dec 2025
550,000
StudioApartment

525 ft²

—

1,048

8 Dec 2025
550,000
StudioApartment

571 ft²

—

963

13 Oct 2025
535,000
StudioApartment

517 ft²

—

1,035

2 Oct 2025
515,000
StudioApartment

517 ft²

—

996

29 Sep 2025
565,000
StudioApartment

517 ft²

—

1,093

25 Sep 2025
570,000
StudioApartment

517 ft²

—

1,103

1 Sep 2025
442,247
StudioApartment

517 ft²

—

855

29 Aug 2025
350,000
StudioApartment

525 ft²

—

667

14 Jul 2025
580,000
StudioApartment

517 ft²

—

1,122

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 12 most recent sales transactions

What's Available for Shamal Residences 2

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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Price Trends

For units in Jumeirah Village Circle

Comparable Buildings in Jumeirah Village Circle

Assigned Schools

Affordability

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FAQ

Shamal Residences 2 features a selection of residential units including studio apartments, 1-bedroom loft apartments, and 2-bedroom duplexes. These layouts are distributed across the building's five residential floors.
Lootah Real Estate Development is the developer behind Shamal Residences 2, which was completed in 2016. The building is part of a two-tower residential complex located in Jumeirah Village Circle.
Residents of Shamal Residences 2 have access to a swimming pool, a gymnasium, and a sauna. The building also includes 24-hour CCTV surveillance and covered parking facilities.
Jumeirah Village Circle does not have a dedicated metro station, so residents typically use the J01 feeder bus or a taxi to reach the nearest stations. Mall of the Emirates Metro Station on the Red Line is commonly used for these connections.
Jumeirah Village Circle is a freehold community, meaning both UAE nationals and foreign buyers can purchase property with full ownership rights. This status applies to all residential developments within the area, including Shamal Residences 2.
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Price Trends

For units in Jumeirah Village Circle

AED/ft²

Mean Studio value
Shamal Residences 2: 1,057

AED/ft²

Mean value
Shamal Residences 2:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Jumeirah Village Circle

BuildingPrice per ft²ConstructionHandoverDeveloper
Villa PeraFive Holdings
990 AED/ft²
6.3%
100%
Q1 2015
Villa Pera
990 AED/ft²6.3%
100%
Q1 2015
Five Holdings logo
Diamond Views 3Diamond Developers
954 AED/ft²
9.7%
100%
Q4 2013
Diamond Views 3
954 AED/ft²9.7%
100%
Q4 2013
Diamond Developers logo
Diamond Views 4Diamond Developers
1,034 AED/ft²
2.2%
100%
Q1 2012
Diamond Views 4
1,034 AED/ft²2.2%
100%
Q1 2012
Diamond Developers logo
Florence 1DAMAC Properties
896 AED/ft²
15.2%
100%
Q3 2011
Florence 1
896 AED/ft²15.2%
100%
Q3 2011
DAMAC Properties logo
Lolena ResidenceAl Masarat Real Estate
960 AED/ft²
9.2%
100%
Q3 2019
Lolena Residence
960 AED/ft²9.2%
100%
Q3 2019
Al Masarat Real Estate logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Jumeirah Village Circle neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Jumeirah Village Circle
462 Buildings For You
Buy: AED 240K - 8.0M
YoY Price Change: +7.9%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.