302, Shams 2
Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Shams 2
What is 302 worth today?
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Source: Dubai Land Department. Updated 20 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,396 sqft
- Floor
- 3rd of 41
- Parking
- B303
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 25,700 /yr
- Last sold
- AED 1.4M · October 2007
- Building
- Shams 2
About 302, Shams 2
302 is a two-bedroom apartment of 1,396 sqft on the 3rd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 October 2007 for AED 1,400,000, or AED 1,002 per sqft, 23% above the AED 814 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 April 2025, is AED 155,000 a year: a gross yield of 11.1% on the 2007 price, before the service charge of about AED 25,700 a year.
Sales and rents for 302 over time
302 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 302 sits
All 103 2-beds →302 last sold in October 2007 at AED 1,002 per sqft, 23% 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. 302's AED 155,000 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 3rd floor
All 154 units in Shams 2302, Shams 2 in numbers
- Sold twice: first on 11 September 2007 for AED 1,075,000, last on 1 October 2007 for AED 1,400,000 (AED 1,002 per sqft).
- Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2020 and recovered to AED 155,000 by April 2025.
- At AED 155,000 a year the gross yield on the 2007 price is 11.1%, before a service charge of about AED 25,700 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 20 April 2025.
Questions about 302, Shams 2
What did unit 302 last sell for?
AED 1,400,000 on 1 October 2007: AED 1,002 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in September 2007.
What is the rent for unit 302?
AED 155,000 a year on the contract signed on 20 April 2025. The previous contract, from April 2025, was AED 155,000; the unit has been rented since August 2014.
How big is unit 302?
1,396 sqft (129.7 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.
What is unit 302 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 302, Shams 2
Starts from the last sale price (AED 1.4M, 1 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →