2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 24th floor · completed 2007

2401, Shams 2

Sold prices and rental history: sold 4 times, last in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.06M15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Shams 2

What is 2401 worth today?

Last sold for AED 1,060,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2020SoldReady
AED 1,060,000AED 801 per sqft
14 Apr 2013SoldReady
AED 1,740,000AED 1,315 per sqft
18 Oct 2007SoldReady
AED 1,900,000AED 1,436 per sqft
4 Jul 2007Sold by developerReady
AED 1,050,000AED 793 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
24th of 41
Parking
M156
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.06M · December 2020
Building
Shams 2

About 2401, Shams 2

2401 is a two-bedroom apartment of 1,323 sqft on the 24th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 December 2020 for AED 1,060,000, or AED 801 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, July 2007: AED 1,050,000 (AED 793 per sqft)Sold, October 2007: AED 1,900,000 (AED 1,436 per sqft)Sold, April 2013: AED 1,740,000 (AED 1,315 per sqft)Sold, December 2020: AED 1,060,000 (AED 801 per sqft)

2401 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, 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 125,875

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 2401 sits

All 103 2-beds →

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.

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 24th floor

All 154 units in Shams 2
Value
24022-bedAED 1.55M · Jul 2022
24032-bedAED 1.19M · Nov 2019
24042-bedAED 1.8M · Feb 2017

2401, Shams 2 in numbers

  • Sold 4 times: first on 4 July 2007 for AED 1,050,000, last on 15 December 2020 for AED 1,060,000 (AED 801 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 December 2020.

Questions about 2401, Shams 2

What did unit 2401 last sell for?

AED 1,060,000 on 15 December 2020: AED 801 per sqft for 1,323 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in July 2007.

How big is unit 2401?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2401 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.

Selling 2401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2401, Shams 2

Starts from the last sale price (AED 1.06M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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