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

3402, Shams 2

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 1.05M25 December 2008
Current rentAED 105K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Shams 2

What is 3402 worth today?

Last sold for AED 1,050,000 in 2008

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15 Jul 2026RentedNew contract
AED 105,000/yr12 months · AED 79 per sqft
1 Feb 2026RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
1 Feb 2025RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
1 Feb 2025RentedNew contract
AED 140,000/yr12 months · AED 106 per sqft
16 Sep 2023RentedRenewal
AED 115,000/yr12 months · AED 87 per sqft
16 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft
22 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 53 per sqft
22 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
34th of 41
Parking
B188
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.05M · December 2008
Building
Shams 2

About 3402, Shams 2

3402 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 25 December 2008 for AED 1,050,000, or AED 793 per sqft, 37% below the AED 1,263 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 15 July 2026, is AED 105,000 a year: a gross yield of 10.0% on the 2008 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, December 2008: AED 1,050,000 (AED 793 per sqft)

3402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, 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, October 2016: AED 126,000 a yearRenewal, October 2017: AED 126,000 a yearNew contract, January 2019: AED 105,000 a yearNew contract, August 2020: AED 70,000 a yearRenewal, August 2021: AED 70,000 a yearNew contract, September 2022: AED 115,000 a yearRenewal, September 2023: AED 115,000 a yearNew contract, February 2025: AED 140,000 a yearNew contract, February 2025: AED 140,000 a yearRenewal, February 2026: AED 110,000 a yearNew contract, July 2026: AED 105,000 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 3402 sits

All 103 2-beds →

3402 last sold in December 2008 at AED 793 per sqft, 37% below what two-beds in Shams 2 were fetching at the time (AED 1,263). 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. 3402's AED 105,000 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
34012-bedAED 1.18M · Oct 2007
34032-bedAED 2.5M · Nov 2026
34042-bedAED 1.65M · Jan 2008

3402, Shams 2 in numbers

  • Sold once: by Dubai Properties on 25 December 2008 for AED 1,050,000, or AED 793 per sqft.
  • Rented since October 2016 on 11 Ejari contracts. The rent fell from AED 126,000 to AED 70,000 in 2021 and recovered to AED 105,000 by July 2026.
  • At AED 105,000 a year the gross yield on the 2008 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 15 July 2026.

Questions about 3402, Shams 2

What did unit 3402 last sell for?

AED 1,050,000 on 25 December 2008, sold by the developer: AED 793 per sqft for 1,323 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 105,000 a year on the contract signed on 15 July 2026. The previous contract, from February 2026, was AED 110,000; the unit has been rented since October 2016.

How big is unit 3402?

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 3402 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 3402, Shams 2

Starts from the last sale price (AED 1.05M, 25 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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