2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 35th floor · completed 2007

3504, Shams 2

Sold prices and rental history: sold 3 times, last in January 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 29 January 2008
Last soldAED 1.5M29 January 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Shams 2

What is 3504 worth today?

Last sold for AED 1,500,000 in 2008

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29 Jan 2008SoldReady
AED 1,500,000AED 1,133 per sqft
17 Oct 2007SoldReady
AED 1,400,000AED 1,057 per sqft
25 Jun 2007Sold by developerReady
AED 1,050,000AED 793 per sqft

Source: Dubai Land Department. Updated 29 January 2008.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
35th of 41
Parking
B192
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.5M · January 2008
Building
Shams 2

About 3504, Shams 2

3504 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. It last sold on 29 January 2008 for AED 1,500,000, or AED 1,133 per sqft, 31% above the AED 863 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, June 2007: AED 1,050,000 (AED 793 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,057 per sqft)Sold, January 2008: AED 1,500,000 (AED 1,133 per sqft)

3504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, each contractTypical two-bed in Shams 2
100K2012201620202024Typical 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 125,875

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 3504 sits

All 103 2-beds →

3504 last sold in January 2008 at AED 1,133 per sqft, 31% above what two-beds in Shams 2 were fetching at the time (AED 863). 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.

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 35th floor

All 154 units in Shams 2
Value
35012-bedAED 1.4M · Aug 2019
35022-bedAED 1.05M · Sep 2007
35032-bedAED 1.18M · Oct 2010

3504, Shams 2 in numbers

  • Sold 3 times: first on 25 June 2007 for AED 1,050,000, last on 29 January 2008 for AED 1,500,000 (AED 1,133 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 29 January 2008.

Questions about 3504, Shams 2

What did unit 3504 last sell for?

AED 1,500,000 on 29 January 2008: AED 1,133 per sqft for 1,323 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in June 2007.

How big is unit 3504?

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 3504 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 3504, Shams 2

Starts from the last sale price (AED 1.5M, 29 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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