Unit 113, Shamal Residences 2: what it sold for and what it is worth now

Unit 113 at Shamal Residences 2 is a studio of 525 sq ft. It last sold for AED 494,707 on 24 Jun 2026. At AED 999 per sq ft, from 10 sales in the building in the last 12 months (studio), it is worth about AED 524,000 today.

Value todayAED 524,000AED 495,000 to AED 572,000
Last saleAED 494,70724 Jun 2026 · Resale
Change since last sale+5.9%Building trend alone: AED 510,752
Rent (median asking, studio)AED 49,990Gross yield 9.5%
Bedroomsstudio
Size525 sq ft
Floor1 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingShamal Residences 2 by Lootah Real Estate Development, handed over 2017
Registered sales of this unit3

Every registered sale of unit 113

DatePriceSizeAED/sq ftType
24 Jun 2026AED 494,707525 sq ft942Resale
28 Aug 2025AED 350,000525 sq ft667Resale
28 Mar 2022AED 350,000525 sq ft667Resale

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21313 Feb 2024AED 460,000525 sq ft876Resale
41328 Jul 2022AED 610,000771 sq ft791Resale

Latest studio sales in Shamal Residences 2

UnitDatePriceSizeAED/sq ftType
2119 Oct 2026AED 450,000517 sq ft870Resale
3103 Sep 2026AED 480,000517 sq ft928Resale
11424 Jun 2026AED 488,869517 sq ft946Resale
23025 Mar 2026AED 670,000571 sq ft1,173Resale
22330 Dec 2025AED 570,000517 sq ft1,103Resale
10522 Dec 2025AED 593,795517 sq ft1,149Resale
11212 Dec 2025AED 550,000525 sq ft1,048Resale
2308 Dec 2025AED 550,000571 sq ft963Resale

How we worked out the value

We took the 10 sales in Shamal Residences 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 999). We multiplied it by the size of this unit (525 sq ft). The range uses the middle half of those sales (AED 943 to AED 1,089 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 510,752. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 113 at Shamal Residences 2 worth?

About AED 524,000 (range AED 495,000 to AED 572,000), based on AED 999 per sq ft from registered sales up to 9 Oct 2026.

When did unit 113 last sell?

24 Jun 2026, for AED 494,707 (resale). It has 3 registered sales.

What rent can unit 113 make?

A studio in Shamal Residences 2 rents for about AED 49,990 a year (median asking rent). That is a gross yield of 9.5% on the estimate.

Sales alert for Shamal Residences 2All sales in Shamal Residences 2

Unit 112 · Unit 114