3301, Shams 2
Sold prices and rental history: sold 4 times, last in November 2019, 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 3301, Shams 2
What is 3301 worth today?
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Source: Dubai Land Department. Updated 24 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 33rd of 41
- Parking
- M170
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.38M · November 2019
- Building
- Shams 2
About 3301, Shams 2
3301 is a two-bedroom apartment of 1,323 sqft on the 33rd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 November 2019 for AED 1,375,000, or AED 1,039 per sqft, in line with the AED 1,058 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 24 April 2022, is AED 150,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 24,300 a year.
Sales and rents for 3301 over time
3301 has sold 4 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 3301 sits
All 103 2-beds →3301 last sold in November 2019 at AED 1,039 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 1,058). 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. 3301's AED 150,000 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 33rd floor
All 154 units in Shams 23301, Shams 2 in numbers
- Sold 4 times: first on 11 December 2007 for AED 1,175,000, last on 18 November 2019 for AED 1,375,000 (AED 1,039 per sqft).
- Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 205,000 to AED 120,000 in 2021 and recovered to AED 150,000 by April 2022.
- At AED 150,000 a year the gross yield on the 2019 price is 10.9%, 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 24 April 2022.
Questions about 3301, Shams 2
What did unit 3301 last sell for?
AED 1,375,000 on 18 November 2019: AED 1,039 per sqft for 1,323 sqft. The unit has 4 registered sales; the first was AED 1,175,000 in December 2007.
What is the rent for unit 3301?
AED 150,000 a year on the contract signed on 24 April 2022. The previous contract, from May 2021, was AED 120,000; the unit has been rented since October 2014.
How big is unit 3301?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 33rd floor of a 41-storey tower completed in 2007.
What is unit 3301 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 3301, Shams 2
Starts from the last sale price (AED 1.38M, 18 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →