Shamal Residences 2

Lootah Real Estate Development · studio, 1BR, 2BR duplex · Jumeirah Village Circle (JVC), Dubai

Shamal Residences 2 is a residential project by Lootah Real Estate Development in Jumeirah Village Circle (JVC), Dubai, offering studio, 1BR, 2BR duplex layouts. Prices start from AED 2,180,000. This is an off-plan purchase with expected completion in December 2017 on a 60 / 40 payment plan. The indicative gross yield band for this area and unit mix is 6.5% – 8%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

Shamal Residences 2 is an off-plan residential complex in Jumeirah Village Circle, Dubai, offering modern apartments with a range of amenities.

Key facts

Developer: Lootah Real Estate Development
Area: Jumeirah Village Circle (JVC), Dubai
Property type: studio, 1BR, 2BR duplex
Starting price: AED 2,180,000
Payment plan: 60 / 40
Expected completion: December 2017
Construction status: Now selling
Indicative gross yield: 6.5% – 8%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Shamal Residences 2 typically fits investors balancing rental income with capital appreciation at a mid-market ticket, across studio, 1BR, 2BR duplex layouts in Jumeirah Village Circle (JVC), Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 6.5% – 8%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Jumeirah Village Circle (JVC), Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Shamal Residences 2 cost?

Prices at Shamal Residences 2 start from AED 2,180,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is Shamal Residences 2 located?

Shamal Residences 2 is located in Jumeirah Village Circle (JVC), Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Shamal Residences 2?

The indicated payment plan is: 60 / 40. We verify the full structure, including milestones and the balance due at handover.

When is Shamal Residences 2 expected to complete?

Expected completion is December 2017 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Shamal Residences 2?

The indicative gross band for this area and unit mix is 6.5% – 8%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Shamal Residences 2?

Shamal Residences 2 is developed by Lootah Real Estate Development. We review their delivery record, build quality and value retention before recommending it.

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