Sold Prices · DLD Data
Shamal Terraces 2
Jumeirah Village Circle, Dubai
AED 1,396
Avg Price / sqft
AED 3.5M
Avg Sale Price
4
DLD Sales Recorded
6.5%
Est. Gross Yield
Market snapshot
Shamal Terraces 2 — the numbers
Shamal Terraces 2 is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 4 sales in the building, at an average price of AED 3.5M — around AED 1,396 per square foot.
Since January 2026, 4 sales completed in Shamal Terraces 2, with the average price per square foot moving from AED 1,642 to AED 1,372 (-16.4%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Shamal Terraces 2 returns an estimated 6.5% 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 Terraces 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 Terraces 2
Average sale price per sqft by month since January 2026-16.4%
Unit types
Prices by unit type
3 Bed
AED 3.5M
AED 1,396/sqft
4 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 24 Sept 2026 | Sales | 3 | 2,333 | AED 3.3M | AED 1,415 |
| 04 Sept 2026 | Sales | 3 | 2,333 | AED 3.1M | AED 1,329 |
| 03 Apr 2026 | Sales | 3 | 3,231 | AED 3.9M | AED 1,199 |
| 14 Jan 2026 | Sales | 3 | 2,333 | AED 3.8M | AED 1,642 |
About the area
Shamal Terraces 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.
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FAQ
Shamal Terraces 2: frequently asked questions
What is the average price in Shamal Terraces 2?
The average recorded sale price in Shamal Terraces 2, Jumeirah Village Circle is AED 3.5M, around AED 1,396 per square foot, based on Dubai Land Department transaction data.
Are prices in Shamal Terraces 2 going up or down?
Average sale prices in Shamal Terraces 2 have eased -16.4% per square foot since January 2026, across 4 DLD-recorded sales.
What rental yield can I expect in Shamal Terraces 2?
Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Shamal Terraces 2 yields roughly 6.5% gross per year, before service charges and fees.
How many properties have sold in Shamal Terraces 2?
4 sales have been recorded in Shamal Terraces 2 according to DLD data.
Considering Shamal Terraces 2?
Get honest, DLD-backed guidance on pricing, yields and availability in Jumeirah Village Circle from Binayah's advisors — no pressure, just the numbers.