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Shamal Residences 2 in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Shamal Residences 2

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio4911,436565,949

Rents in Shamal Residences 2

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
Studio481,11453,750

The cap rate (rental yield) of investments into Shamal Residences 2 project is 9.7% on average.

The price of an apartment in Shamal Residences 2 is 11,436 AED/sqm on average.

The long term rent of an apartment in Shamal Residences 2 is 1,114 AED/sqm/year on average.

Price for completed Studio apartment in Shamal Residences 2 is 565,949 AED or 11,436 AED/sqm.

Rent for Studio apartment in Shamal Residences 2 is 53,750 AED or 1,114 AED/sqm.

About Shamal Residences 2

'Shamal Residences 2' in 'Jumeirah Village Circle' area project description

Shamal Residences 2 is a boutique low-rise residential building in Jumeirah Village Circle (JVC), Dubai, offering modern studio and one-bedroom apartments in a family-oriented community developed by Nakheel. Launched in 2014 and completed in 2017, the project spans part of an 183,000 sq ft development area on the Jebel Ali side of JVC, featuring a mix of buildings and villas.

Developed by Lootah Real Estate Development, the structure was designed by renowned architects Arif & Bintok. This 5-floor mid-rise tower showcases elegant modern architecture with clean lines, high-quality materials, high ceilings, large glass sliding doors, and expansive terraces that enhance natural light and spacious living areas. Interiors include open kitchens, built-in wardrobes, attached bathrooms, and balconies with community views, paired with a car garage per loft apartment.

The layout emphasizes functionality and comfort, with floor plans balancing space, light, and accessibility. The master plan organizes interior spaces efficiently while integrating external features like landscaping, parking, and access routes, ensuring seamless interaction with the surroundings.

Amenities cater to resident convenience and wellness, including a shared swimming pool, fully-equipped gymnasium, sauna, kids play area, 24-hour security monitored by CCTV, concierge service, central A/C, covered parking, and round-the-clock maintenance. Pets are allowed, adding to its appeal for families.

Strategically located near R90B Qmasha Street and Mayaas Boulevard, Shamal Residences 2 provides easy access to Al Khail Road for connectivity across Dubai. It sits close to malls, shops, restaurants, public transport, schools like Sunmarke School (0.7 km away) and JSS International School (1.7 km), and high-performing institutions rated Very Good or Outstanding. Driving times include 20 minutes to Dubai Mall, 15 minutes to Palm Jumeirah, 17 minutes to Burj Al Arab, 19 minutes to The Walk JBR, 25 minutes to Dubai International Airport (DXB), and 33 minutes to Al Maktoum International Airport. To reach the beach, residents drive approximately 15-20 minutes to JBR or Palm Jumeirah beaches via Al Khail Road or Sheikh Zayed Road.

Nearby projects include Binghatti Azure, National Bonds Residence, Diamond Views 2, and Herad Tower, all within JVC, fostering a vibrant residential cluster with shared proximity to outlets, hotels, parks, golf clubs, and cinemas. This positions Shamal Residences 2 as a high-quality, accessible haven in one of Dubai's dynamic communities.

Q&A on Shamal Residences 2

What are the closest medical clinics to 'Shamal Residences 2' project in Dubai?

1. Karama Medical Centre JVC
2. Apex Medical & Dental Clinics
3. Right Health Karama Medical Centre
4. Green Community Medical Centre
5. Mediclinic Me’aisem
6. Al Zahra Hospital Dubai
7. Emirates Hospital Day Surgery & Medical Center, Motor City

What are the closest medical clinics to 'Shamal Residences 2' project in Dubai?

1. Karama Medical Centre
2. Mediclinic Parkview Hospital
3. Aster Clinic, JVC
4. Right Health Karama Medical Centre
5. Apex Medical & Dental Clinics
6. Emirates Hospital Day Surgery & Medical Center - Motor City
7. Your Health Clinic, JVC
8. HealthBay Polyclinic, Motor City




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