2902, Shams 2
Sold prices and rental history: sold twice, last in March 2008, 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 2902, Shams 2
What is 2902 worth today?
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Source: Dubai Land Department. Updated 4 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 29th of 41
- Parking
- B213
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.99M · March 2008
- Building
- Shams 2
About 2902, Shams 2
2902 is a two-bedroom apartment of 1,323 sqft on the 29th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 March 2008 for AED 1,989,000, or AED 1,502 per sqft, 69% above the AED 888 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 4 July 2023, is AED 135,000 a year: a gross yield of 6.8% on the 2008 price, before the service charge of about AED 24,300 a year.
Sales and rents for 2902 over time
2902 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 2902 sits
All 103 2-beds →2902 last sold in March 2008 at AED 1,502 per sqft, 69% above what two-beds in Shams 2 were fetching at the time (AED 888). 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. 2902's AED 135,000 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 29th floor
All 154 units in Shams 22902, Shams 2 in numbers
- Sold twice: first on 11 September 2007 for AED 1,050,000, last on 23 March 2008 for AED 1,989,000 (AED 1,502 per sqft).
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2022 and recovered to AED 135,000 by July 2023.
- At AED 135,000 a year the gross yield on the 2008 price is 6.8%, 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 4 July 2023.
Questions about 2902, Shams 2
What did unit 2902 last sell for?
AED 1,989,000 on 23 March 2008: AED 1,502 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in September 2007.
What is the rent for unit 2902?
AED 135,000 a year on the contract signed on 4 July 2023. The previous contract, from February 2022, was AED 100,000; the unit has been rented since August 2013.
How big is unit 2902?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 29th floor of a 41-storey tower completed in 2007.
What is unit 2902 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 2902, Shams 2
Starts from the last sale price (AED 1.99M, 23 March 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,989,000
- Deposit, UAE resident (20%)
- AED 397,800
- Deposit, non-resident (40%)
- AED 795,600
- Monthly over 25 years at 3.7%
- AED 8,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →