Unit 414, Shamal Residences 2: what it sold for and what it is worth now

Unit 414 at Shamal Residences 2 is a 1 bed of 802 sq ft. It last sold for AED 700,000 on 3 Apr 2024. At AED 1,071 per sq ft, from 5 sales in the building in the last 24 months (1 bed), it is worth about AED 859,000 today.

Value todayAED 859,000AED 812,000 to AED 864,000
Last saleAED 700,0003 Apr 2024 · Resale
Change since last sale+22.7%Building trend alone: AED 759,676
Rent (median asking, 1 bed)AED 69,999Gross yield 8.1%
Bedrooms1 bed
Size802 sq ft
Floor4 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingShamal Residences 2 by Lootah Real Estate Development, handed over 2017
Registered sales of this unit2

Every registered sale of unit 414

DatePriceSizeAED/sq ftType
3 Apr 2024AED 700,000802 sq ft873Resale
6 May 2021AED 565,000802 sq ft704Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11424 Jun 2026AED 488,869517 sq ft946Resale
1141 Sep 2025AED 442,247517 sq ft855Resale
31415 May 2024AED 540,000517 sq ft1,044Resale
3149 Aug 2023AED 325,000517 sq ft629Resale

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
40928 Oct 2024AED 710,000771 sq ft921Resale
41821 Aug 2024AED 710,000771 sq ft921Resale
4207 Jun 2024AED 790,000770 sq ft1,026Resale
4222 May 2024AED 820,000770 sq ft1,065Resale

How we worked out the value

We took the 5 sales in Shamal Residences 2 in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,071). We multiplied it by the size of this unit (802 sq ft). The range uses the middle half of those sales (AED 1,013 to AED 1,078 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 759,676. 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 414 at Shamal Residences 2 worth?

About AED 859,000 (range AED 812,000 to AED 864,000), based on AED 1,071 per sq ft from registered sales up to 9 Oct 2026.

When did unit 414 last sell?

3 Apr 2024, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 414 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 8.1% on the estimate.

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

Unit 413 · Unit 415