1502, Shams 2
Sold prices and rental history: sold 3 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 1502, Shams 2
What is 1502 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,289 sqft
- Floor
- 15th of 41
- Parking
- B162
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 23,700 /yr
- Last sold
- AED 1.9M · May 2017
- Building
- Shams 2
About 1502, Shams 2
1502 is a two-bedroom apartment of 1,289 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 4 May 2017 for AED 1,900,000, or AED 1,473 per sqft, 8% above the AED 1,360 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, signed on 15 August 2026, is AED 110,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 23,700 a year.
Sales and rents for 1502 over time
1502 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1502 sits
All 103 2-beds →1502 last sold in May 2017 at AED 1,473 per sqft, 8% above what two-beds in Shams 2 were fetching at the time (AED 1,360). 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. 1502's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,323 sqft | 1,925,000 | 1,454 | ||
| 2 Nov 20262 November 2026 | 1,323 sqft | 2,500,000 | 1,889 | ||
| 16 Oct 202616 October 2026 | 1,289 sqft | 1,750,000 | 1,357 | ||
| 22 Sep 202622 September 2026 | 1,323 sqft | 2,500,000 | 1,889 |
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 21502, Shams 2 in numbers
- Sold 3 times: first on 12 May 2008 for AED 1,050,000, last on 4 May 2017 for AED 1,900,000 (AED 1,473 per sqft).
- Rented since July 2012 on 15 Ejari contracts. The rent fell from AED 100,000 to AED 78,000 in 2021 and recovered to AED 110,000 by August 2026.
- At AED 110,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 23,700 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 15 August 2026.
Questions about 1502, Shams 2
What did unit 1502 last sell for?
AED 1,900,000 on 4 May 2017: AED 1,473 per sqft for 1,289 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in May 2008.
What is the rent for unit 1502?
AED 110,000 a year on the contract signed on 15 August 2026. The previous contract, from February 2025, was AED 135,596; the unit has been rented since July 2012.
How big is unit 1502?
1,289 sqft (119.8 sqm): a two-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1502 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 1502, Shams 2
Starts from the last sale price (AED 1.9M, 4 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →