1001, Shams 2
Sold prices and rental history: sold 4 times, last in May 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Shams 2
What is 1001 worth today?
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Source: Dubai Land Department. Updated 19 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,991 sqft
- Floor
- 10th of 41
- Parking
- M181,M182
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,600 /yr
- Last sold
- AED 2M · May 2017
- Building
- Shams 2
About 1001, Shams 2
1001 is a three-bedroom apartment of 1,991 sqft on the 10th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 May 2017 for AED 2,000,000, or AED 1,004 per sqft.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 19 July 2024, is AED 185,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 36,600 a year.
Sales and rents for 1001 over time
1001 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shams 2, and where 1001 sits
All 44 3-beds →Over the last 12 months three-beds sold for AED 2,430,000 to 2,744,446, around AED 1,306 per sqft, and rent for AED 95,000 to 200,000 a year. 1001's AED 185,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,991 sqft | 2,744,446 | 1,378 | ||
| 1 Sep 20261 September 2026 | 1,991 sqft | 2,430,000 | 1,220 | ||
| 18 Nov 202518 November 2025 | 1,991 sqft | 2,600,000 | 1,306 | ||
| 1 Oct 20251 October 2025 | 1,991 sqft | 2,600,000 | 1,306 |
Shams 2
Building154 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,551 Down 1.8%
- Typical sale
- AED 2.43M
- Typical rent
- AED 135K /yr
- Typical yield
- 5.8%
Other units on the 10th floor
All 154 units in Shams 21001, Shams 2 in numbers
- Sold 4 times: first on 27 January 2008 for AED 1,655,000, last on 1 May 2017 for AED 2,000,000 (AED 1,004 per sqft).
- Rented since December 2012 on 5 Ejari contracts, from AED 120,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 36,600 a year (AED 18.38 per sqft).
- Three-beds in Shams 2 sold for AED 2,430,000–2,744,446 in the 12 months to November 2026; the building's median across all types is AED 1,551 per sqft.
Source: Dubai Land Department. Updated 19 July 2024.
Questions about 1001, Shams 2
What did unit 1001 last sell for?
AED 2,000,000 on 1 May 2017: AED 1,004 per sqft for 1,991 sqft. The unit has 4 registered sales; the first was AED 1,655,000 in January 2008.
What is the rent for unit 1001?
AED 185,000 a year on the contract signed on 19 July 2024. The previous contract, from February 2016, was AED 165,000; the unit has been rented since December 2012.
How big is unit 1001?
1,991 sqft (185.0 sqm): a three-bedroom apartment on the 10th floor of a 41-storey tower completed in 2007.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 2 sold for AED 2,430,000 to 2,744,446 in the last 12 months, around AED 1,306 per sqft.
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Mortgage on 1001, Shams 2
Starts from the last sale price (AED 2M, 1 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →