3502, Shams 2
Sold prices and rental history: sold once, by the developer in September 2007, 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 3502, Shams 2
What is 3502 worth today?
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Source: Dubai Land Department. Updated 26 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 35th of 41
- Parking
- B190
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.05M · September 2007
- Building
- Shams 2
About 3502, Shams 2
3502 is a two-bedroom apartment of 1,323 sqft on the 35th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 September 2007 for AED 1,050,000, or AED 793 per sqft, in line with the AED 793 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 26 October 2022, is AED 120,000 a year: a gross yield of 11.4% on the 2007 price, before the service charge of about AED 24,300 a year.
Sales and rents for 3502 over time
3502 has sold once; 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 3502 sits
All 103 2-beds →3502 last sold in September 2007 at AED 793 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 793). 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. 3502's AED 120,000 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 35th floor
All 154 units in Shams 23502, Shams 2 in numbers
- Sold once: by Dubai Properties on 17 September 2007 for AED 1,050,000, or AED 793 per sqft.
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 114,000 to AED 77,500 in 2020 and recovered to AED 120,000 by October 2022.
- At AED 120,000 a year the gross yield on the 2007 price is 11.4%, 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 26 October 2022.
Questions about 3502, Shams 2
What did unit 3502 last sell for?
AED 1,050,000 on 17 September 2007, 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 3502?
AED 120,000 a year on the contract signed on 26 October 2022. The previous contract, from October 2021, was AED 100,000; the unit has been rented since September 2013.
How big is unit 3502?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 35th floor of a 41-storey tower completed in 2007.
What is unit 3502 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 3502, Shams 2
Starts from the last sale price (AED 1.05M, 17 September 2007). 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 →