Shoaq Residences

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Avenew
78
Total Units
73
Sold
AED 2,976,000
Median Price
AED 3,250
Median Price /sqft
Construction progress: 9%
Start: Apr, 2025Completion: Oct, 2027

Shoaq Residences Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed49730 sqft - 1,130 sqftAED 2.1M (2,810 /sqft)AED 2,780 /sqft
1.22
2 Beds141,400 sqft - 1,720 sqftAED 2,720 /sqft
0
3 Beds142,420 sqft - 5,560 sqftAED 2,790 /sqft
0
5 Beds16,510 sqft - 6,510 sqftAED 36.7M (5,640 /sqft)AED 2,540 /sqft
121.99

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 61361,127 sqft19.4 sqft Check Availability
2Apartment, 70471,534 sqft18.59 sqft Check Availability
3Apartment, TH014,708 sqft143.41 sqft Check Availability
3Apartment, TH024,919 sqft121.35 sqft Check Availability
3Apartment, TH034,806 sqft104.79 sqft Check Availability
3Apartment, TH045,559 sqft195.07 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment1,096 sqft19.49 sqft 2AED 3,179,000AED 2,901 /sqft 09, Jul 2025
1Apartment801 sqft10.22 sqft 2AED 2,607,000AED 3,255 /sqft 19, May 2025
1Apartment796 sqft9.76 sqft 2AED 2,595,000AED 3,260 /sqft 29, May 2025
1Apartment750 sqft6.52 sqft 2AED 2,572,000AED 3,429 /sqft 15, Jul 2025
1Apartment730 sqft4.65 sqft 2AED 2,418,000AED 3,312 /sqft 04, Aug 2025
1Apartment826 sqft11.16 sqft 2AED 2,406,000AED 2,913 /sqft 24, Jun 2025
1Apartment756 sqft6.39 sqft 2AED 2,405,000AED 3,181 /sqft 19, Jun 2025
1Apartment805 sqft10.04 sqft 2AED 2,350,000AED 2,919 /sqft 10, Jun 2025
1Apartment731 sqft4.45 sqft 2AED 2,343,000AED 3,205 /sqft 02, Jun 2025
1Apartment763 sqft6.99 sqft 2AED 2,309,000AED 3,026 /sqft 11, Jun 2025
2Apartment1,543 sqft19.11 sqft 2AED 5,056,000AED 3,277 /sqft 04, Aug 2025
2Apartment1,400 sqft10 sqft 2AED 4,615,000AED 3,296 /sqft 29, Sep 2025
3Apartment3,040 sqft89.27 sqft 2AED 9,262,000AED 3,047 /sqft 21, May 2025
3Apartment2,455 sqft34.86 sqft 2AED 8,612,000AED 3,508 /sqft 21, May 2025
1Apartment1,025 sqft12.54 sqft 3AED 3,051,000AED 2,977 /sqft 10, Jun 2025

Shoaq Residences Real Estate Data – FAQ

  • What is the current property supply in Shoaq Residences?

    Shoaq Residences has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Shoaq Residences?

    Shoaq Residences recorded 2 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Shoaq Residences?

    The median transaction price in Shoaq Residences is AED 4,230 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Shoaq Residences?

    The gross rental yield in Shoaq Residences is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Shoaq Residences?

    Property prices in Shoaq Residences have shown a capital appreciation of 29.86% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Shoaq Residences?

    There are currently 1 active off-plan projects in Shoaq Residences, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Shoaq Residences?

    The total off-plan pipeline in Shoaq Residences includes approximately 78 units, which will significantly impact future supply and pricing dynamics.

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  • Is Shoaq Residences a good area for property investment?

    Shoaq Residences is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Shoaq Residences, this is %, indicating relatively strong income performance compared to global markets.

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