Unit 429, Shamal Residences 2: what it sold for and what it is worth now

Unit 429 at Shamal Residences 2 is a 2 bed of 1,481 sq ft. It last sold for AED 1,240,000 on 14 Jun 2024. At AED 1,041 per sq ft, from 12 sales in the building in the last 12 months, it is worth about AED 1,542,000 today.

Value todayAED 1,542,000AED 1,399,000 to AED 1,650,000
Last saleAED 1,240,00014 Jun 2024 · Resale
Change since last sale+24.4%Building trend alone: AED 1,258,932
Bedrooms2 bed
Size1,481 sq ft
Floor4 (from the unit number)
Position in the towerStack 29: units ending 29 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 429

DatePriceSizeAED/sq ftType
14 Jun 2024AED 1,240,0001,481 sq ft837Resale

Latest 2 bed sales in Shamal Residences 2

UnitDatePriceSizeAED/sq ftType
40118 Apr 2025AED 1,280,0001,820 sq ft703Resale

How we worked out the value

We took the 12 sales in Shamal Residences 2 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,041). We multiplied it by the size of this unit (1,481 sq ft). The range uses the middle half of those sales (AED 945 to AED 1,114 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,258,932. 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 429 at Shamal Residences 2 worth?

About AED 1,542,000 (range AED 1,399,000 to AED 1,650,000), based on AED 1,041 per sq ft from registered sales up to 9 Oct 2026.

When did unit 429 last sell?

14 Jun 2024, for AED 1,240,000 (resale). It has 1 registered sale.

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

Unit 426