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Shamal Residences 2, Jumeirah Village Circle

Located in Jumeirah Village Circle, Dubai. Its price per sqft is −14% vs the Shamal Residences 2 median (AED 944/sqft).

All Jumeirah Village Circle salesShamal Residences 2 prices

Sale price

AED 610,000

Per sqft
AED 808
Registered
22 Oct 2026, 12:52 (Dubai)

01 / Price history

This unit's history

Every registration of this studio apartment in Shamal Residences 2: same layout, exact size (755 sqft) and parking bay B1-41. The registry has no unit numbers, so records are matched on these details.

  1. 22 Oct 2026This sale

    755 sqft · AED 808/sqft · Ready

    First recordAED 610,000

  2. 22 Oct 2026Mortgage

    Same day as previous · 755 sqft · AED 647/sqft · Ready

    20%lower than the previous recordAED 488,000
Records
2
Registered
Same day
as the mortgage, 22 Oct 2026
Loan to value
80%
AED 488K mortgage on the AED 610K sale

02 / The property

Property details

Size
755 sqft · 70.1 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B1-41
Nearest metro
Nakheel Metro Station
Nearest mall
Marina Mall
Nearest landmark
Sports City Swimming Academy

03 / Comparables

All sales in Shamal Residences 2 (6 Jul 2015 – 22 Oct 2026)

215 market sales. Percentages compare each sale with this one.

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4 visible
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
Studio · 755 sqftReadySelected sale
22 Oct 2026610K808
9 Oct 2026450K−26% vs selected870+8% vs selected
3 Sept 2026480K−21% vs selected928+15% vs selected
24 Jun 2026488.87K−20% vs selected945+17% vs selected

215 sales to compare

Guests see the latest 5 transactions of each project and community. Create an account to compare this sale with all of them.

04 / Renting it out

What similar apartments rent for

Median of 16 market rents of apartments of 641–868 sq ft in Shamal Residences 2. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 66,000
Per sqft / yr
AED 86/sqft
Gross yield
10.8%