2404, Shams 2
Sold prices and rental history: sold 5 times, last in February 2017, and rented once, from November 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, Shams 2
What is 2404 worth today?
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Source: Dubai Land Department. Updated 23 February 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 24th of 41
- Parking
- B202
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.8M · February 2017
- Building
- Shams 2
About 2404, Shams 2
2404 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 23 February 2017 for AED 1,800,000, or AED 1,360 per sqft, in line with the AED 1,357 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 November 2014. The current contract, signed on 5 November 2014, is AED 140,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 24,300 a year.
Sales and rents for 2404 over time
2404 has sold 5 times; 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 2404 sits
All 103 2-beds →2404 last sold in February 2017 at AED 1,360 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 1,357). 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. 2404's AED 140,000 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 24th floor
All 154 units in Shams 22404, Shams 2 in numbers
- Sold 5 times: first on 9 October 2007 for AED 1,050,000, last on 23 February 2017 for AED 1,800,000 (AED 1,360 per sqft).
- Rented since November 2014 on one Ejari contract, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 24,300 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 23 February 2017.
Questions about 2404, Shams 2
What did unit 2404 last sell for?
AED 1,800,000 on 23 February 2017: AED 1,360 per sqft for 1,323 sqft. The unit has 5 registered sales; the first was AED 1,050,000 in October 2007.
What is the rent for unit 2404?
AED 140,000 a year on the contract signed on 5 November 2014.
How big is unit 2404?
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 2404 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 2404, Shams 2
Starts from the last sale price (AED 1.8M, 23 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →