1504, Shams 2
Sold prices and rental history: sold twice, last in February 2019, 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 1504, Shams 2
What is 1504 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,289 sqft
- Floor
- 15th of 41
- Parking
- B161
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 23,700 /yr
- Last sold
- AED 1.4M · February 2019
- Building
- Shams 2
About 1504, Shams 2
1504 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 26 February 2019 for AED 1,400,000, or AED 1,085 per sqft, 3% below the AED 1,124 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 126,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 23,700 a year.
Sales and rents for 1504 over time
1504 has sold twice; 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 1504 sits
All 103 2-beds →1504 last sold in February 2019 at AED 1,085 per sqft, 3% below what two-beds in Shams 2 were fetching at the time (AED 1,124). 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. 1504's AED 126,000 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 21504, Shams 2 in numbers
- Sold twice: first on 21 January 2013 for AED 1,050,000, last on 26 February 2019 for AED 1,400,000 (AED 1,085 per sqft).
- Rented since May 2012 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 126,000 by September 2026.
- At AED 126,000 a year the gross yield on the 2019 price is 9.0%, 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 20 September 2026.
Questions about 1504, Shams 2
What did unit 1504 last sell for?
AED 1,400,000 on 26 February 2019: AED 1,085 per sqft for 1,289 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in January 2013.
What is the rent for unit 1504?
AED 126,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 120,000; the unit has been rented since May 2012.
How big is unit 1504?
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 1504 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 1504, Shams 2
Starts from the last sale price (AED 1.4M, 26 February 2019). 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 →