2701, Shams 2
Sold prices and rental history: sold twice, last in December 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, Shams 2
What is 2701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 27th of 41
- Parking
- M160
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.6M · December 2007
- Building
- Shams 2
About 2701, Shams 2
2701 is a two-bedroom apartment of 1,323 sqft on the 27th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 December 2007 for AED 1,600,000, or AED 1,209 per sqft, 49% above the AED 814 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 21 August 2024, is AED 160,000 a year: a gross yield of 10.0% on the 2007 price, before the service charge of about AED 24,300 a year.
Sales and rents for 2701 over time
2701 has sold twice; 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 2701 sits
All 103 2-beds →2701 last sold in December 2007 at AED 1,209 per sqft, 49% above what two-beds in Shams 2 were fetching at the time (AED 814). 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. 2701's AED 160,000 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 27th floor
All 154 units in Shams 22701, Shams 2 in numbers
- Sold twice: first on 11 November 2007 for AED 1,175,000, last on 16 December 2007 for AED 1,600,000 (AED 1,209 per sqft).
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 95,000 in 2020 and recovered to AED 160,000 by August 2024.
- At AED 160,000 a year the gross yield on the 2007 price is 10.0%, 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 21 August 2024.
Questions about 2701, Shams 2
What did unit 2701 last sell for?
AED 1,600,000 on 16 December 2007: AED 1,209 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in November 2007.
What is the rent for unit 2701?
AED 160,000 a year on the contract renewed on 21 August 2024. The previous contract, from August 2023, was AED 155,000; the unit has been rented since November 2013.
How big is unit 2701?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 27th floor of a 41-storey tower completed in 2007.
What is unit 2701 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 2701? 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.
Mortgage on 2701, Shams 2
Starts from the last sale price (AED 1.6M, 16 December 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →