Shamal Residences
About the project
(sq. ft.)
Shamal Residences is a residential complex located in Jumeirah Village Circle, District 14, Dubai. Commissioned in 2017, the development consists of two five-storey buildings. It was developed by Lootah Real Estate Development, and the architecture design was implemented by Arif & Bintoak.
There are a total of 259 residential units, including studios, one-bedroom lofts, and two-bedroom duplexes. Studios have spacious living areas, fitted kitchens, and balconies. One-bedroom lofts have two bathrooms, living rooms, kitchens, and balconies. Two-bedroom duplexes have three bathrooms, kitchens, and balconies.
The complex provides a variety of amenities and services, including:
- Covered parking
- High-speed lifts
- 24-hour security and CCTV
- Gym
- Swimming pool
- Sauna
- Terraces
- Concierge services
Properties range in size from 506 sq. ft. to 1,820 sq. ft. Studios range in price from AED 350,000 (USD 95,000) to AED 550,000 (USD 150,000). One-bedroom lofts range in price from AED 615,000 (USD 167,000) to AED 720,000 (USD 196,000), and two-bedroom duplexes cost AED 1,700,000 (USD 463,000).
*The price is valid for 2021
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Property Information
- Location Jumeirah Village Circle, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios, 1BR Lofts, 2BR Duplexes
- Area from 506 sq. ft.
- Total Amount of Units 259
Location
The nearest bus stop, Sandoval Lane Apartments, is located within a 10-minute walk of the apartments. Dubai International Airport can be reached within a 25-minute drive, and Al Maktoum International Airport is situated within a 35-minute drive.
Shamal Residences is located near many social, commercial, and leisure facilities, including:
- The Springs Souk Shopping Centre
- Aswaaq Mart, Broz Mart, and Spinneys Supermarket
- Snack Beirut Restaurant, Defne Turkish Restaurant, Trattoria by Cinque, and Soul Street
- Sunmarke School, JSS International School, and Arcadia School
- Kids World Nursery
- Aster Clinic
- Al Nakhla Park, Halfa Park, and Harmel Park
- The Els Golf Club
The complex is also situated within a 10- to 15-minute drive of several popular destinations, including:
- Dubai Autodrome, a popular motorsports circuit that regularly hosts international races
- Dubai Miracle Garden, the world’s largest flower garden
Payback
District 14 is set away from the hustle and bustle of the metropolis. However, residents have easy access to all of the necessary amenities to ensure a comfortable living environment. The community has good transport accessibility and is home to many parks and recreational facilities. Residents can quickly travel to other parts of the emirate via personal vehicles and public transportation.
Properties in the area have a return on investment rate that ranges from 6% to 7%. Annual rental rates range from AED 29,000 (USD 8,000) to AED 68,000 (USD 19,000). If current trends continue, investments can be recouped within 15 to 20 years.
*The price is valid for 2021
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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