Unit 409, Shamal Residences 2: what it sold for and what it is worth now

Unit 409 at Shamal Residences 2 is a 1 bed of 771 sq ft. It last sold for AED 710,000 on 28 Oct 2024. At AED 1,044 per sq ft, from 3 sales of units ending 09 (same position in the tower), it is worth about AED 805,000 today.

Value todayAED 805,000AED 758,000 to AED 824,000
Last saleAED 710,00028 Oct 2024 · Resale
Change since last sale+13.4%Building trend alone: AED 713,211
Rent (median asking, 1 bed)AED 69,999Gross yield 8.7%
Bedrooms1 bed
Size771 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 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 409

DatePriceSizeAED/sq ftType
28 Oct 2024AED 710,000771 sq ft921Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20926 Sep 2025AED 565,000517 sq ft1,093Resale
10925 Oct 2024AED 540,000517 sq ft1,044Resale

Latest 1 bed sales in Shamal Residences 2

UnitDatePriceSizeAED/sq ftType
41010 Apr 2026AED 900,000767 sq ft1,173Resale
42212 Feb 2026AED 825,000770 sq ft1,071Resale
40312 Sep 2025AED 780,000770 sq ft1,013Resale
4194 Dec 2024AED 830,000770 sq ft1,078Resale
41821 Aug 2024AED 710,000771 sq ft921Resale
4207 Jun 2024AED 790,000770 sq ft1,026Resale
4222 May 2024AED 820,000770 sq ft1,065Resale
41716 Apr 2024AED 650,000771 sq ft843Resale

How we worked out the value

We took the 3 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,044). We multiplied it by the size of this unit (771 sq ft). The range uses the middle half of those sales (AED 983 to AED 1,069 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 713,211. 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 409 at Shamal Residences 2 worth?

About AED 805,000 (range AED 758,000 to AED 824,000), based on AED 1,044 per sq ft from registered sales up to 9 Oct 2026.

When did unit 409 last sell?

28 Oct 2024, for AED 710,000 (resale). It has 1 registered sale.

What rent can unit 409 make?

A 1 bed in Shamal Residences 2 rents for about AED 69,999 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

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

Unit 403 · Unit 410