Shamal Residences 2 rents
- 46 new leases and 24 renewals in 12 months
- 128 units
- Jumeirah Village Circle
- near Nakheel Metro Station
A studio here leases for about AED 49,000 a year, 2% below the typical Jumeirah Village Circle studio. New tenants pay more than renewing ones, who pay AED 47,000.
Studio · typical new lease
49,000AEDa year
AED 93/sqft · -2.0% on a year
- A month, roughly
- AED 4,083
- Renewal
- AED 47,000
- vs Jumeirah Village Circle studio
- 2% below the median
- New leases, 12 months
- 37
What should a lease in Shamal Residences 2 cost?A studio leases for about AED 49,000 a year; new tenants pay 4.3% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 2.0% less than a year earlier: AED 49,000 against 50,000.
Chart data, Studio: Oct 2016, AED 54,000; latest, Oct 2026, AED 43,441; peak, Apr 2017, AED 60,000.
Showing the 60 most recent of 70 contracts starting on or after 12 Oct 2025.
About Shamal Residences 2A 4-floor tower in Jumeirah Village Circle, a 16-minute drive from Dubai Marina
Shamal Residences 2 is an apartment building completed in 2016 in Jumeirah Village Circle with 128 registered units. 70 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 16.86/sqft a year
- Floors
- 4
Drive times · typical
- Downtown
- 22 min · 22 km
- DXB Airport
- 23 min · 31 km
- DIFC
- 19 min · 25 km
- Dubai Marina
- 16 min · 14 km
- Palm Jumeirah
- 22 min · 18 km
Nearest, as registered
- Metro
- Nakheel Metro Station
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Letting a unit in Shamal Residences 2?55% of units here signed a yearly lease in 12 months, above the Jumeirah Village Circle median; new tenants pay more than renewing ones
- Units on a yearly lease
- 55%Fair
- Jumeirah Village Circle median 38%; top tenth from 64%
- New tenant vs renewal
- +6.1%
- New leases AED 52,000, renewals 49,000, all types
- Short-let instead, studio
- AED 399
- a night on Airbnb; nets 1.6× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Shamal Residences 2 sale prices →Comparables in Jumeirah Village Circle
Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Shamal Residences 2 places 100th of 206; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Shamal Residences 2.
At studio, Shamal Residences 2 ranks 122nd of 160 by rent per square foot and 14th of 104 by gross yield in Jumeirah Village Circle.
Market context in Jumeirah Village Circle
Registered sales activity
4,341 ready apartment sales in the 12 months to 2026-10-12.
+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.
Explore sales activityPlanned apartment projects
7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.
29 projects had already passed their planned date; 16 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.
Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.
The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Jumeirah Village Circle
Prices per sq ft around Shamal Residences 2, on the mapPrices per sq ft around Shamal Residences 2, on the map
Luma Park Views
Jumeirah Village Circle · 390 contracts, 12 months
85,000
AED a year median · 97/sqft
Bloom Towers C
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers B
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers A
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Ask about Shamal Residences 2
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We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a studio in Shamal Residences 2?
- The median new annual rent is AED 49,000, from 37 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Shamal Residences 2 risen or fallen?
- The median new annual rent changed -2.0% in the trailing 12 months against the previous 12, using 37 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Shamal Residences 2 pay more than sitting ones?
- A new tenant pays +4.3% against a renewing one, across 20 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Shamal Residences 2?
- 10 sales were registered with the Dubai Land Department in the last 12 months, alongside 37 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Shamal Residences 2?
- Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
For agents
Send this page to a client as a branded report
Shamal Residences 2 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 37 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Cite as: Dubai Wealth Index. “Shamal Residences 2 rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/shamal-residences-2
Stable dataJSON