Building · Transactions · 2017

Shamal Residences 2 Property Transactions 2017

76 property sales worth AED 44.11M were registered in Shamal Residences 2 in 2017, 130.3% higher than 2016 by number of sales. The median sale price was AED 540,000 and the median price per square foot AED 999 (+8.8% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 76 salesUpdated: 20 Oct 2026
Property sales
76
+130.3% vs 2016
1 Jan – 31 Dec 2017
Total value
AED 44.11M
+123.6% vs 2016
1 Jan – 31 Dec 2017
Median sale price
AED 540,000
+11.3% vs 2016
76 sales
Median price per sq ft
AED 999
+8.8% vs 2016
76 sales

What types of property sold in Shamal Residences 2 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments76100%AED 44.11MAED 540,000AED 999

How were 2017 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)7092.1%AED 40.72MAED 527,000AED 984
Resale (secondary)67.9%AED 3.38MAED 565,000AED 1,088
Ready76100%AED 44.11MAED 540,000AED 999

How many rental contracts were registered in Shamal Residences 2 in 2017?

45 rental contracts (new and renewed) were registered in Shamal Residences 2 in 2017, at a median annual rent of AED 53,000. Rental yields in Shamal Residences 2

What were the most expensive property sales in Shamal Residences 2 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/05/2017Shamal Residences 22 beds · Apartment1,820 sq ftAED 1,600,000Primary · Ready
07/11/2017Shamal Residences 2Studio · Apartment821 sq ftAED 821,000Primary · Ready
16/01/2017Shamal Residences 2Studio · Apartment821 sq ftAED 820,000Primary · Ready
16/01/2017Shamal Residences 21 bed · Apartment802 sq ftAED 795,000Primary · Ready
22/01/2017Shamal Residences 21 bed · Apartment770 sq ftAED 770,000Primary · Ready
26/01/2017Shamal Residences 21 bed · Apartment770 sq ftAED 770,000Primary · Ready
26/01/2017Shamal Residences 21 bed · Apartment765 sq ftAED 770,000Primary · Ready
26/01/2017Shamal Residences 21 bed · Apartment770 sq ftAED 770,000Primary · Ready
15/02/2017Shamal Residences 21 bed · Apartment771 sq ftAED 770,000Primary · Ready
13/02/2017Shamal Residences 21 bed · Apartment767 sq ftAED 770,000Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
16/11/2017Shamal Residences 2Studio · Apartment517 sq ftAED 570,000Resale · Ready
07/11/2017Shamal Residences 2Studio · Apartment821 sq ftAED 821,000Primary · Ready
25/09/2017Shamal Residences 2Studio · Apartment517 sq ftAED 565,000Resale · Ready
25/09/2017Shamal Residences 2Studio · Apartment525 sq ftAED 565,000Resale · Ready
17/08/2017Shamal Residences 2Studio · Apartment517 sq ftAED 565,000Resale · Ready
30/07/2017Shamal Residences 2Studio · Apartment517 sq ftAED 500,000Primary · Ready
07/06/2017Shamal Residences 2Studio · Apartment517 sq ftAED 560,000Resale · Ready
16/05/2017Shamal Residences 22 beds · Apartment1,820 sq ftAED 1,600,000Primary · Ready
30/03/2017Shamal Residences 2Studio · Apartment517 sq ftAED 450,000Primary · Ready
30/03/2017Shamal Residences 2Studio · Apartment525 sq ftAED 475,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2017 with the whole of 2016.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/shamal-residences-2/2017
Shamal Residences 2 Property Transactions 2017. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/shamal-residences-2/2017

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Shamal Residences 2 in 2017?
76 property sales worth AED 44,105,855 were registered in Shamal Residences 2 in 2017. That is 130.3% higher than 2016.
What was the median property price in Shamal Residences 2 in 2017?
The median sale price was AED 540,000 and the median price per square foot AED 999 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Shamal Residences 2 were off-plan or from developers?
Developer (primary) sales were 92.1% of the 76 sales and resales 7.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/shamal-residences-2/2017