3-bed · 1,991 sqftShams 2, Jumeirah Beach Residence · 19th floor · completed 2007

1901, Shams 2

Sold prices and rental history: sold 5 times, last in October 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 1.85M24 October 2022
Current rentAED 140K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Shams 2

What is 1901 worth today?

Last sold for AED 1,850,000 in 2022

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24 Oct 2022SoldReady
AED 1,850,000AED 929 per sqft
12 Nov 2020SoldReady
AED 700,000AED 351 per sqft
3 Sep 2020SoldReady
AED 1,150,000AED 577 per sqft
1 Aug 2019RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
1 Aug 2018RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
17 Jul 2017RentedNew contract
AED 134,574/yr12 months · AED 68 per sqft
4 Oct 2012SoldReady
AED 1,800,000AED 904 per sqft
27 Nov 2008Sold by developerReady
AED 827,500AED 415 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
3-bed apartment
Size
1,991 sqft
Floor
19th of 41
Parking
G165,G166
Developer
Dubai Properties
Completed
2007
Service charge
AED 36,600 /yr
Last sold
AED 1.85M · October 2022
Building
Shams 2

About 1901, Shams 2

1901 is a three-bedroom apartment of 1,991 sqft on the 19th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 October 2022 for AED 1,850,000, or AED 929 per sqft, 6% below the AED 992 three-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 140,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 36,600 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, each saleTypical three-bed in Shams 2
1M2M3M2007201220172022Typical sale price by year: 2007 AED 1,655,000; 2008 AED 1,655,000; 2009 AED 2,123,338; 2012 AED 1,700,000; 2014 AED 2,690,000; 2022 AED 1,974,656; 2023 AED 2,140,000; 2025 AED 2,600,000Sold by developer, November 2008: AED 827,500 (AED 415 per sqft)Sold, October 2012: AED 1,800,000 (AED 904 per sqft)Sold, September 2020: AED 1,150,000 (AED 577 per sqft)Sold, November 2020: AED 700,000 (AED 351 per sqft)Sold, October 2022: AED 1,850,000 (AED 929 per sqft)

1901 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1901, each contractTypical three-bed in Shams 2
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 120,375; 2014 AED 145,000; 2015 AED 152,748; 2016 AED 150,000; 2017 AED 150,000; 2018 AED 138,000; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 92,000; 2022 AED 122,666; 2023 AED 137,500; 2024 AED 152,500; 2025 AED 160,000; 2026 AED 147,000New contract, July 2017: AED 134,574 a yearRenewal, August 2018: AED 140,000 a yearRenewal, August 2019: AED 140,000 a year

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 1901 sits

All 44 3-beds →

1901 last sold in October 2022 at AED 929 per sqft, 6% below what three-beds in Shams 2 were fetching at the time (AED 992). 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. 1901's AED 140,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20262,744,446
1 Sep 20262,430,000
18 Nov 20252,600,000
1 Oct 20252,600,000
3 3-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 19th floor

All 154 units in Shams 2
Value
19022-bedAED 1.81M · Jan 2008
19033-bedAED 2M · Mar 2018
19042-bedAED 1.55M · Nov 2021

1901, Shams 2 in numbers

  • Sold 5 times: first on 27 November 2008 for AED 827,500, last on 24 October 2022 for AED 1,850,000 (AED 929 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 134,574 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 7.6%, 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 24 October 2022.

Questions about 1901, Shams 2

What did unit 1901 last sell for?

AED 1,850,000 on 24 October 2022: AED 929 per sqft for 1,991 sqft. The unit has 5 registered sales; the first was AED 827,500 in November 2008.

What is the rent for unit 1901?

AED 140,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2018, was AED 140,000; the unit has been rented since July 2017.

How big is unit 1901?

1,991 sqft (185.0 sqm): a three-bedroom apartment on the 19th floor of a 41-storey tower completed in 2007.

What is unit 1901 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 1901, Shams 2

Starts from the last sale price (AED 1.85M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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