Sold Prices · DLD Data
Shamal Residences 2
Jumeirah Village Circle, Dubai
AED 1,061
Avg Price / sqft
AED 676K
Avg Sale Price
5
DLD Sales Recorded
13.7%
Est. Gross Yield
Market snapshot
Shamal Residences 2 — the numbers
Shamal Residences 2 is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 5 sales in the building, at an average price of AED 676K — around AED 1,061 per square foot.
Since February 2026, 5 sales completed in Shamal Residences 2, with the average price per square foot moving from AED 1,071 to AED 944 (-11.9%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Shamal Residences 2 returns an estimated 13.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Jumeirah Village Circle.
Figures are from Dubai Land Department transaction records for Shamal Residences 2; individual units vary by floor, view and finish. Gross yield is estimated against average Jumeirah Village Circle residential rents, before service charges.
Price trend
Price trend in Shamal Residences 2
Average sale price per sqft by month since February 2026-11.9%
Unit types
Prices by unit type
Studio
AED 551K
AED 1,020/sqft
3 sales · last 12 months
1 Bed
AED 863K
AED 1,122/sqft
2 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 24 Jun 2026 | Sales | 0 | 517 | AED 489K | AED 945 |
| 24 Jun 2026 | Sales | 0 | 525 | AED 495K | AED 942 |
| 10 Apr 2026 | Sales | 1 | 767 | AED 900K | AED 1,173 |
| 25 Mar 2026 | Sales | 0 | 571 | AED 670K | AED 1,173 |
| 12 Feb 2026 | Sales | 1 | 770 | AED 825K | AED 1,071 |
About the area
Shamal Residences 2 is in Jumeirah Village Circle
Jumeirah Village Circle (JVC) is a master-planned community developed by a consortium of reputable developers, including Damac Properties and Binghatti Developers. Known for its family-friendly environment, JVC features a mix of residential and commercial properties, designed with a focus on community living.
Explore the Jumeirah Village Circle area guideNearby
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FAQ
Shamal Residences 2: frequently asked questions
What is the average price in Shamal Residences 2?
The average recorded sale price in Shamal Residences 2, Jumeirah Village Circle is AED 676K, around AED 1,061 per square foot, based on Dubai Land Department transaction data.
Are prices in Shamal Residences 2 going up or down?
Average sale prices in Shamal Residences 2 have eased -11.9% per square foot since February 2026, across 5 DLD-recorded sales.
What rental yield can I expect in Shamal Residences 2?
Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Shamal Residences 2 yields roughly 13.7% gross per year, before service charges and fees.
How many properties have sold in Shamal Residences 2?
5 sales have been recorded in Shamal Residences 2 according to DLD data.
Considering Shamal Residences 2?
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