Unit 212, Shamal Residences 2: what it sold for and what it is worth now

Unit 212 at Shamal Residences 2 is a studio of 525 sq ft. It last sold for AED 300,000 on 24 Nov 2020. 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 300,00024 Nov 2020 · Resale
Change since last sale+74.7% 
Rent (median asking, studio)AED 49,990Gross yield 9.5%
Bedroomsstudio
Size525 sq ft
Floor2 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingShamal Residences 2 by Lootah Real Estate Development, handed over 2017
Registered sales of this unit1

Every registered sale of unit 212

DatePriceSizeAED/sq ftType
24 Nov 2020AED 300,000525 sq ft571Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11212 Dec 2025AED 550,000525 sq ft1,048Resale
11216 Jan 2023AED 390,000525 sq ft743Resale

Latest studio sales in Shamal Residences 2

UnitDatePriceSizeAED/sq ftType
2119 Oct 2026AED 450,000517 sq ft870Resale
3103 Sep 2026AED 480,000517 sq ft928Resale
11324 Jun 2026AED 494,707525 sq ft942Resale
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

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). 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 212 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 212 last sell?

24 Nov 2020, for AED 300,000 (resale). It has 1 registered sale.

What rent can unit 212 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 211 · Unit 213