2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Shams 2

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 25 April 2025
Last soldAED 1.18M4 October 2007
Current rentAED 150K /yr25 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Shams 2

What is 3401 worth today?

Last sold for AED 1,175,000 in 2007

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25 Apr 2025RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
25 Apr 2025RentedNew contract
AED 150,000/yr12 months · AED 113 per sqft
10 Mar 2024RentedRenewal
AED 126,500/yr12 months · AED 96 per sqft
10 Mar 2023RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
10 Mar 2022RentedRenewal
AED 100,000/yr12 months · AED 76 per sqft
10 Mar 2021RentedRenewal
AED 90,000/yr12 months · AED 68 per sqft
10 Mar 2020RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
10 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 25 April 2025.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
34th of 41
Parking
B189
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.18M · October 2007
Building
Shams 2

About 3401, Shams 2

3401 is a two-bedroom apartment of 1,323 sqft on the 34th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 October 2007 for AED 1,175,000, or AED 887 per sqft, 9% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 25 April 2025, is AED 150,000 a year: a gross yield of 12.8% on the 2007 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, each saleTypical two-bed in Shams 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 1,075,000; 2008 AED 1,650,000; 2009 AED 1,300,000; 2010 AED 1,175,000; 2011 AED 1,200,000; 2012 AED 1,440,000; 2013 AED 1,700,000; 2014 AED 2,200,000; 2015 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 1,575,000; 2019 AED 1,400,000; 2020 AED 1,075,000; 2021 AED 1,350,000; 2022 AED 1,650,000; 2023 AED 2,000,000; 2024 AED 2,180,000; 2025 AED 2,300,000; 2026 AED 2,400,000Sold by developer, October 2007: AED 1,175,000 (AED 887 per sqft)

3401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, each contractTypical two-bed in Shams 2
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 133,313; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 126,500; 2025 AED 135,596; 2026 AED 125,875New contract, June 2013: AED 125,000 a yearNew contract, June 2014: AED 150,000 a yearNew contract, January 2015: AED 150,000 a yearRenewal, January 2016: AED 150,000 a yearNew contract, January 2017: AED 130,000 a yearRenewal, March 2019: AED 120,000 a yearRenewal, March 2020: AED 120,000 a yearRenewal, March 2021: AED 90,000 a yearRenewal, March 2022: AED 100,000 a yearRenewal, March 2023: AED 110,000 a yearRenewal, March 2024: AED 126,500 a yearNew contract, April 2025: AED 150,000 a yearNew contract, April 2025: AED 150,000 a year

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 3401 sits

All 103 2-beds →

3401 last sold in October 2007 at AED 887 per sqft, 9% 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. 3401's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,925,000
2 Nov 20262,500,000
16 Oct 20261,750,000
22 Sep 20262,500,000
11 2-bed sales in the last 12 months

Shams 2

Building

154 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%
Shams 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 34th floor

All 154 units in Shams 2
Value
34022-bedAED 1.05M · Dec 2008
34032-bedAED 2.5M · Nov 2026
34042-bedAED 1.65M · Jan 2008

3401, Shams 2 in numbers

  • Sold once: by Dubai Properties on 4 October 2007 for AED 1,175,000, or AED 887 per sqft.
  • Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2021 and recovered to AED 150,000 by April 2025.
  • At AED 150,000 a year the gross yield on the 2007 price is 12.8%, 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 25 April 2025.

Questions about 3401, Shams 2

What did unit 3401 last sell for?

AED 1,175,000 on 4 October 2007, sold by the developer: AED 887 per sqft for 1,323 sqft. It is the only registered sale of the unit.

What is the rent for unit 3401?

AED 150,000 a year on the contract signed on 25 April 2025. The previous contract, from April 2025, was AED 150,000; the unit has been rented since June 2013.

How big is unit 3401?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 34th floor of a 41-storey tower completed in 2007.

What is unit 3401 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 3401, Shams 2

Starts from the last sale price (AED 1.18M, 4 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →