Unit 314 at Shamal Residences 2 is a studio of 517 sq ft. It last sold for AED 540,000 on 15 May 2024. At AED 999 per sq ft, from 10 sales in the building in the last 12 months (studio), it is worth about AED 516,000 today.
| Bedrooms | studio |
|---|---|
| Size | 517 sq ft |
| Floor | 3 (from the unit number) |
| Position in the tower | Stack 14: units ending 14 share the same layout and view |
| Building | Shamal Residences 2 by Lootah Real Estate Development, handed over 2017 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 15 May 2024 | AED 540,000 | 517 sq ft | 1,044 | Resale |
| 9 Aug 2023 | AED 325,000 | 517 sq ft | 629 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 114 | 24 Jun 2026 | AED 488,869 | 517 sq ft | 946 | Resale |
| 114 | 1 Sep 2025 | AED 442,247 | 517 sq ft | 855 | Resale |
| 414 | 3 Apr 2024 | AED 700,000 | 802 sq ft | 873 | Resale |
| 414 | 6 May 2021 | AED 565,000 | 802 sq ft | 704 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 211 | 9 Oct 2026 | AED 450,000 | 517 sq ft | 870 | Resale |
| 310 | 3 Sep 2026 | AED 480,000 | 517 sq ft | 928 | Resale |
| 113 | 24 Jun 2026 | AED 494,707 | 525 sq ft | 942 | Resale |
| 114 | 24 Jun 2026 | AED 488,869 | 517 sq ft | 946 | Resale |
| 230 | 25 Mar 2026 | AED 670,000 | 571 sq ft | 1,173 | Resale |
| 223 | 30 Dec 2025 | AED 570,000 | 517 sq ft | 1,103 | Resale |
| 105 | 22 Dec 2025 | AED 593,795 | 517 sq ft | 1,149 | Resale |
| 112 | 12 Dec 2025 | AED 550,000 | 525 sq ft | 1,048 | Resale |
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 (517 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 548,466. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.
About AED 516,000 (range AED 488,000 to AED 563,000), based on AED 999 per sq ft from registered sales up to 9 Oct 2026.
15 May 2024, for AED 540,000 (resale). It has 2 registered sales.
A studio in Shamal Residences 2 rents for about AED 49,990 a year (median asking rent). That is a gross yield of 9.7% on the estimate.
Sales alert for Shamal Residences 2All sales in Shamal Residences 2