2-bed · 1,289 sqftShams 2, Jumeirah Beach Residence · 17th floor · completed 2007

1702, Shams 2

Sold prices and rental history: sold 5 times, last in March 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 11 March 2026
Last soldAED 2.4M11 March 2026
Current rentAED 83K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Shams 2

What is 1702 worth today?

Last sold for AED 2,400,000 in 2026

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11 Mar 2026SoldReady
AED 2,400,000AED 1,861 per sqft
19 Dec 2021SoldReady
AED 1,550,000AED 1,202 per sqft
5 Oct 2020RentedRenewal
AED 82,500/yr12 months · AED 64 per sqft
5 Oct 2019RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
5 Oct 2018RentedRenewal
AED 115,000/yr12 months · AED 89 per sqft
5 Oct 2017RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
5 Oct 2016RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
5 Oct 2015RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 11 March 2026.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
17th of 41
Parking
B177
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,700 /yr
Last sold
AED 2.4M · March 2026
Building
Shams 2

About 1702, Shams 2

1702 is a two-bedroom apartment of 1,289 sqft on the 17th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 March 2026 for AED 2,400,000, or AED 1,861 per sqft, 7% above the AED 1,737 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 5 October 2020, is AED 82,500 a year: a gross yield of 3.4% on the 2026 price, before the service charge of about AED 23,700 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, June 2007: AED 1,050,000 (AED 814 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,085 per sqft)Sold, September 2013: AED 1,030,000 (AED 798 per sqft)Sold, December 2021: AED 1,550,000 (AED 1,202 per sqft)Sold, March 2026: AED 2,400,000 (AED 1,861 per sqft)

1702 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, 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, October 2013: AED 135,000 a yearNew contract, October 2014: AED 135,000 a yearNew contract, October 2015: AED 135,000 a yearRenewal, October 2016: AED 135,000 a yearRenewal, October 2017: AED 135,000 a yearRenewal, October 2018: AED 115,000 a yearRenewal, October 2019: AED 100,000 a yearRenewal, October 2020: AED 82,500 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 1702 sits

All 103 2-beds →

1702 last sold in March 2026 at AED 1,861 per sqft, 7% above what two-beds in Shams 2 were fetching at the time (AED 1,737). 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. 1702's AED 82,500 is at the bottom 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 17th floor

All 154 units in Shams 2
Value
17013-bedAED 2.6M · Nov 2025
17033-bedAED 1.66M · Jun 2007
17042-bedAED 1.7M · Apr 2013

1702, Shams 2 in numbers

  • Sold 5 times: first on 25 June 2007 for AED 1,050,000, last on 11 March 2026 for AED 2,400,000 (AED 1,861 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 135,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2026 price is 3.4%, 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 11 March 2026.

Questions about 1702, Shams 2

What did unit 1702 last sell for?

AED 2,400,000 on 11 March 2026: AED 1,861 per sqft for 1,289 sqft. The unit has 5 registered sales; the first was AED 1,050,000 in June 2007.

What is the rent for unit 1702?

AED 82,500 a year on the contract renewed on 5 October 2020. The previous contract, from October 2019, was AED 100,000; the unit has been rented since October 2013.

How big is unit 1702?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 17th floor of a 41-storey tower completed in 2007.

What is unit 1702 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 1702, Shams 2

Starts from the last sale price (AED 2.4M, 11 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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