About Shamal Residences 2
Shamal Residences 2 is a residential building by Lootah Real Estate Development, in Jumeirah Village Circle, Dubai. It rises 4 storeys (1 basement level, a ground floor and 3 floors), built as a concrete structure with internal and external finishes. The project comprises 128 homes.
Key information
Developer
Lootah Real Estate Development
- Handover
- Q2 2016
- Status
- Handed over
- Location
- Jumeirah Village Circle, Dubai
- Master project
- Jumeirah Village Circle
- Construction started
- 2014
- Number of buildings
- 1
- Number of units
- 128
- Registered with DLD
- 16 Apr 2014
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582058940301
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2014
- Handed overQ2 2016
Construction progress
21 inspection photos from the Dubai Land Department. Latest 10 Oct 2016 at 100% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
4 Floors
128 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
212
Median price
AED 555K
Median price / sqft
AED 968-9%
Off-plan share
28%
Priced 15% below than the Al Barsha South Fourth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 164 | 543 sqft | AED 524K | AED 963 |
| 1 Bed | 44 | 782 sqft | AED 755K | AED 963 |
| 2 Bed | 4 | 1,651 sqft | AED 1.3M | AED 816 |
Price per sqft by year
-9% since 2015AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 03 Sept 2026 | Resale | 517 sqft | AED 480K | AED 928 |
| 25 Jun 2026 | Resale | 525 sqft | AED 495K | AED 942 |
| 25 Jun 2026 | Resale | 517 sqft | AED 489K | AED 945 |
| 10 Apr 2026 | Resale | 767 sqft | AED 900K | AED 1K |
| 25 Mar 2026 | Resale | 571 sqft | AED 670K | AED 1K |
| 12 Feb 2026 | Resale | 770 sqft | AED 825K | AED 1K |
| 30 Dec 2025 | Resale | 517 sqft | AED 570K | AED 1K |
| 23 Dec 2025 | Resale | 517 sqft | AED 594K | AED 1K |
Unit mix
128 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 99 | 517 - 821 sqft |
| 1 B/R | 25 | 764 - 1,005 sqft |
| 2 B/R | 4 | 1,476 - 1,820 sqft |
Payment plan
Payment plans are set by Lootah Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Jumeirah Village Circle, Dubai.
Jumeirah Village Circle
Dubai, United Arab Emirates
Frequently asked questions
Shamal Residences 2 has already been handed over (Q2 2016), according to Dubai Land Department records.
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