Project · Transactions · 2024

Shamal Residences Property Transactions 2024

18 property sales worth AED 11.88M were registered in Shamal Residences in 2024, 157.1% higher than 2023 by number of sales. The median sale price was AED 675,000 and the median price per square foot AED 1,026 (+17.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 18 salesUpdated: 20 Oct 2026
Property sales
18
+157.1% vs 2023
1 Jan – 31 Dec 2024
Total value
AED 11.88M
+226.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
AED 675,000
+46.7% vs 2023
18 sales
Median price per sq ft
AED 1,026
+17.0% vs 2023
18 sales

What types of property sold in Shamal Residences in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments18100%AED 11.88MAED 675,000AED 1,026

How were 2024 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
Resale (secondary)18100%AED 11.88MAED 675,000AED 1,026
Ready18100%AED 11.88MAED 675,000AED 1,026

How many rental contracts were registered in Shamal Residences in 2024?

80 rental contracts (new and renewed) were registered in Shamal Residences in 2024, at a median annual rent of AED 46,000 (+15.0% on 2023). Rental yields in Shamal Residences

What were the most expensive property sales in Shamal Residences in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/06/2024Shamal Residences 22 beds · Apartment1,481 sq ftAED 1,240,000Resale · Ready
04/12/2024Shamal Residences 21 bed · Apartment770 sq ftAED 830,000Resale · Ready
02/05/2024Shamal Residences 21 bed · Apartment770 sq ftAED 820,000Resale · Ready
07/06/2024Shamal Residences 21 bed · Apartment770 sq ftAED 790,000Resale · Ready
07/03/2024Shamal Residences 21 bed · Apartment771 sq ftAED 750,000Resale · Ready
28/10/2024Shamal Residences 21 bed · Apartment771 sq ftAED 710,000Resale · Ready
21/08/2024Shamal Residences 21 bed · Apartment771 sq ftAED 710,000Resale · Ready
03/04/2024Shamal Residences 21 bed · Apartment802 sq ftAED 700,000Resale · Ready
30/08/2024Shamal Residences 2Studio · Apartment517 sq ftAED 700,000Resale · Ready
16/04/2024Shamal Residences 21 bed · Apartment771 sq ftAED 650,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
04/12/2024Shamal Residences 21 bed · Apartment770 sq ftAED 830,000Resale · Ready
28/10/2024Shamal Residences 21 bed · Apartment771 sq ftAED 710,000Resale · Ready
25/10/2024Shamal Residences 2Studio · Apartment517 sq ftAED 540,000Resale · Ready
25/10/2024Shamal Residences 2Studio · Apartment525 sq ftAED 540,000Resale · Ready
10/10/2024Shamal Residences 2Studio · Apartment517 sq ftAED 530,000Resale · Ready
01/10/2024Shamal Residences 2Studio · Apartment517 sq ftAED 545,000Resale · Ready
30/08/2024Shamal Residences 2Studio · Apartment517 sq ftAED 700,000Resale · Ready
21/08/2024Shamal Residences 21 bed · Apartment771 sq ftAED 710,000Resale · Ready
14/08/2024Shamal Residences 2Studio · Apartment517 sq ftAED 249,300Resale · Ready
14/06/2024Shamal Residences 22 beds · Apartment1,481 sq ftAED 1,240,000Resale · 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 2024 with the whole of 2023.
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/2024
Shamal Residences Property Transactions 2024. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/shamal-residences/2024

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 in 2024?
18 property sales worth AED 11,880,300 were registered in Shamal Residences in 2024. That is 157.1% higher than 2023.
What was the median property price in Shamal Residences in 2024?
The median sale price was AED 675,000 and the median price per square foot AED 1,026 (1 Jan – 31 Dec 2024).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/shamal-residences/2024