Dubai Land Department Off-Plan Register

Shamal Residences 2 Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

59 developer launch sales registered at Shamal Residences 2 between Jul 2015 and Apr 2017: 100% apartments, most commonly studio units, typically around 536 sqft.

Launch sales
59
DLD off-plan registrations, all time
Median launch /sqft
AED 929
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 450,0001,250,000
Min – max registered

Bed mix: Studio 80% · 1-bed 19% · 2-bed 2%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Shamal Residences 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q35AED 1,180
2015 Q410AED 1,145
2016 Q11AED 1,019
2016 Q27AED 1,095
2016 Q321AED 897
2016 Q45AED 929
2017 Q19AED 918
2017 Q21AED 929
Two different markets

Launch vs Resale

Shamal Residences 2 also has 123 ready-market resales registered with the DLD, the first on 21 December 2016 - 17 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
123
38 in the last 2 years
Resale median /sqft
AED 1,039
last 2 years
Resale vs launch
+12%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Shamal Residences 2 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
570 sqft · 3 April 2017
AED 530,000
AED 929 /sqft
Apartment · Studio
521 sqft · 20 February 2017
AED 475,000
AED 912 /sqft
Apartment · Studio
525 sqft · 20 February 2017
AED 475,000
AED 904 /sqft
Apartment · Studio
517 sqft · 20 February 2017
AED 475,000
AED 918 /sqft
Apartment · Studio
517 sqft · 13 February 2017
AED 475,000
AED 918 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Jumeirah Village Circle (JVC)

Off-plan in Jumeirah Village Circle (JVC)

Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.

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