1501, Shams 2
Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Shams 2
What is 1501 worth today?
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Source: Dubai Land Department. Updated 7 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,991 sqft
- Floor
- 15th of 41
- Parking
- G143,G144
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,600 /yr
- Last sold
- AED 2.55M · April 2025
- Building
- Shams 2
About 1501, Shams 2
1501 is a three-bedroom apartment of 1,991 sqft on the 15th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 April 2025 for AED 2,550,000, or AED 1,281 per sqft.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 150,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 36,600 a year.
Sales and rents for 1501 over time
1501 has sold twice; 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 1501 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. 1501's AED 150,000 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 15th floor
All 154 units in Shams 21501, Shams 2 in numbers
- Sold twice: first on 25 June 2007 for AED 1,655,000, last on 7 April 2025 for AED 2,550,000 (AED 1,281 per sqft).
- Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2020 and recovered to AED 150,000 by June 2024.
- At AED 150,000 a year the gross yield on the 2025 price is 5.9%, 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 7 April 2025.
Questions about 1501, Shams 2
What did unit 1501 last sell for?
AED 2,550,000 on 7 April 2025: AED 1,281 per sqft for 1,991 sqft. The unit has 2 registered sales; the first was AED 1,655,000 in June 2007.
What is the rent for unit 1501?
AED 150,000 a year on the contract renewed on 10 June 2024. The previous contract, from November 2023, was AED 130,562; the unit has been rented since March 2016.
How big is unit 1501?
1,991 sqft (185.0 sqm): a three-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1501 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 1501, Shams 2
Starts from the last sale price (AED 2.55M, 7 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →