Project · #3938 by 12M value
Shamal Residences
Market bulletin · Thu, 22 Oct 2026
Shamal Residences: 2 sales worth AED 1.06M in 30 days
Shamal Residences recorded 2 sales worth AED 1.06M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 1 sale was registered (AED 610K), against 1 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, Shamal Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by Lootah Real Estate Development.
Leases registered in the last three months had a median annual rent of AED 51K. The best gross yield is on Studio apartments at about 8.7%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 1,012 |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | up 100.0% | AED 1.06M | — | — |
| Last 3 months | 3 | — | AED 1.54M | — | — |
| Last 6 months | 3 | down 40.0% | AED 1.54M | — | — |
| Last 12 months | 8 | down 77.8% | AED 4.70M | 1,005 | up 0.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 8 | 100% | AED 560K | 1,005 | up 0.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 88% | AED 550K | 963 | down 6.0% |
| 1 bedroom | 1 | 13% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 8 | 100% | AED 560K | 1,005 | up 0.1% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 46K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 52K |
| Nov 25 | AED 48K |
| Oct 25 | AED 46K |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | AED 48K |
- Leases (12M)
- 92
- New leases
- 63%
- Median rent 3M
- AED 51K
- Rent/sqft 3M
- AED 84
| Studio apartments | AED 48K / AED 550K | 8.7% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 51 | AED 48K | AED 48K | 89 |
| 1 BR | 12 | AED 71K | — | 92 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 610K | Studio Apartment · 755 sqftShamal Residences · Jumeirah Village Circle | 22 Oct |
| AED 480K | Studio Apartment · 517 sqftShamal Residences · Jumeirah Village Circle | 3 Sept |
| AED 450K | Studio Apartment · 517 sqftShamal Residences · Jumeirah Village Circle | 9 Oct |
Questions about Shamal Residences
How many properties were sold in Shamal Residences in the last year?
8 sales worth AED 4.70M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Shamal Residences?
The median annual rent on leases registered in the last three months was AED 51K, and the best gross rental yield is about 8.7%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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