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

1704, Shams 2

Sold prices and rental history: sold 3 times, last in April 2013, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 1.7M7 April 2013
Current rentAED 140K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1704, Shams 2

What is 1704 worth today?

Last sold for AED 1,700,000 in 2013

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30 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft
7 Apr 2013SoldReady
AED 1,700,000AED 1,318 per sqft
22 Jan 2008SoldReady
AED 1,500,000AED 1,163 per sqft
25 Dec 2007Sold by developerReady
AED 1,050,000AED 814 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
17th of 41
Parking
B178
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,700 /yr
Last sold
AED 1.7M · April 2013
Building
Shams 2

About 1704, Shams 2

1704 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 7 April 2013 for AED 1,700,000, or AED 1,318 per sqft, 20% above the AED 1,095 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2024. The current contract, signed on 30 September 2024, is AED 140,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 23,700 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, December 2007: AED 1,050,000 (AED 814 per sqft)Sold, January 2008: AED 1,500,000 (AED 1,163 per sqft)Sold, April 2013: AED 1,700,000 (AED 1,318 per sqft)

1704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, each contractTypical two-bed in Shams 2
100K150K2012201620202024Typical 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, September 2024: AED 140,000 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 1704 sits

All 103 2-beds →

1704 last sold in April 2013 at AED 1,318 per sqft, 20% above what two-beds in Shams 2 were fetching at the time (AED 1,095). 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. 1704's AED 140,000 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 17th floor

All 154 units in Shams 2
Value
17013-bedAED 2.6M · Nov 2025
17022-bedAED 2.4M · Mar 2026
17033-bedAED 1.66M · Jun 2007

1704, Shams 2 in numbers

  • Sold 3 times: first on 25 December 2007 for AED 1,050,000, last on 7 April 2013 for AED 1,700,000 (AED 1,318 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2013 price is 8.2%, 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 30 September 2024.

Questions about 1704, Shams 2

What did unit 1704 last sell for?

AED 1,700,000 on 7 April 2013: AED 1,318 per sqft for 1,289 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in December 2007.

What is the rent for unit 1704?

AED 140,000 a year on the contract signed on 30 September 2024.

How big is unit 1704?

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 1704 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 1704, Shams 2

Starts from the last sale price (AED 1.7M, 7 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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