2-bed · 1,397 sqftShams 2, Jumeirah Beach Residence · 1st floor · completed 2007

102, Shams 2

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 1.4M2 October 2007
Current rentAED 126K /yr8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Shams 2

What is 102 worth today?

Last sold for AED 1,400,000 in 2007

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8 Nov 2024RentedRenewal
AED 126,000/yr12 months · AED 90 per sqft
8 Nov 2024RentedRenewal
AED 126,000/yr12 months · AED 90 per sqft
8 Nov 2023RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
8 Nov 2023RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
8 Nov 2022RentedRenewal
AED 95,000/yr12 months · AED 68 per sqft
8 Nov 2022RentedRenewal
AED 95,000/yr12 months · AED 68 per sqft
8 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
25 Feb 2020RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
1st of 41
Parking
B307
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,700 /yr
Last sold
AED 1.4M · October 2007
Building
Shams 2

About 102, Shams 2

102 is a two-bedroom apartment of 1,397 sqft on the 1st floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 October 2007 for AED 1,400,000, or AED 1,002 per sqft, 23% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 8 November 2024, is AED 126,000 a year: a gross yield of 9.0% on the 2007 price, before the service charge of about AED 25,700 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Shams 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 1,075,000; 2008 AED 1,650,000; 2009 AED 1,300,000; 2010 AED 1,175,000; 2011 AED 1,200,000; 2012 AED 1,440,000; 2013 AED 1,700,000; 2014 AED 2,200,000; 2015 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 1,575,000; 2019 AED 1,400,000; 2020 AED 1,075,000; 2021 AED 1,350,000; 2022 AED 1,650,000; 2023 AED 2,000,000; 2024 AED 2,180,000; 2025 AED 2,300,000; 2026 AED 2,400,000Sold by developer, September 2007: AED 1,075,000 (AED 769 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,002 per sqft)

102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 102, each contractTypical two-bed in Shams 2
100K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 133,313; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 126,500; 2025 AED 135,596; 2026 AED 125,875New contract, August 2013: AED 80,000 a yearNew contract, August 2014: AED 88,000 a yearNew contract, August 2015: AED 95,000 a yearRenewal, August 2016: AED 100,000 a yearRenewal, August 2017: AED 103,000 a yearNew contract, February 2020: AED 70,000 a yearNew contract, November 2021: AED 75,000 a yearRenewal, November 2022: AED 95,000 a yearRenewal, November 2022: AED 95,000 a yearRenewal, November 2023: AED 105,000 a yearRenewal, November 2023: AED 105,000 a yearRenewal, November 2024: AED 126,000 a yearRenewal, November 2024: AED 126,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shams 2, and where 102 sits

All 103 2-beds →

102 last sold in October 2007 at AED 1,002 per sqft, 23% above what two-beds in Shams 2 were fetching at the time (AED 814). Over the last 12 months two-beds sold for AED 1,750,000 to 2,850,000, around AED 1,861 per sqft, and rent for AED 100,000 to 250,000 a year. 102's AED 126,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,925,000
2 Nov 20262,500,000
16 Oct 20261,750,000
22 Sep 20262,500,000
11 2-bed sales in the last 12 months

Shams 2

Building

154 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%
Shams 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 154 units in Shams 2
Value
1013-bedAED 1.9M · Oct 2007
1033-bedAED 1.9M · Oct 2007
1042-bedAED 1.4M · Oct 2007

102, Shams 2 in numbers

  • Sold twice: first on 11 September 2007 for AED 1,075,000, last on 2 October 2007 for AED 1,400,000 (AED 1,002 per sqft).
  • Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2020 and recovered to AED 126,000 by November 2024.
  • At AED 126,000 a year the gross yield on the 2007 price is 9.0%, before a service charge of about AED 25,700 a year (AED 18.38 per sqft).
  • Two-beds in Shams 2 sold for AED 1,750,000–2,850,000 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 8 November 2024.

Questions about 102, Shams 2

What did unit 102 last sell for?

AED 1,400,000 on 2 October 2007: AED 1,002 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in September 2007.

What is the rent for unit 102?

AED 126,000 a year on the contract renewed on 8 November 2024. The previous contract, from November 2024, was AED 126,000; the unit has been rented since August 2013.

How big is unit 102?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 1st floor of a 41-storey tower completed in 2007.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 2 sold for AED 1,750,000 to 2,850,000 in the last 12 months, around AED 1,861 per sqft.

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Mortgage on 102, Shams 2

Starts from the last sale price (AED 1.4M, 2 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →