2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 37th floor · completed 2007

3701, Shams 2

Sold prices and rental history: sold twice, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 26 May 2014
Last soldAED 1.35M26 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Shams 2

What is 3701 worth today?

Last sold for AED 1,350,000 in 2014

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26 May 2014SoldReady
AED 1,350,000AED 1,020 per sqft
12 Sep 2007Sold by developerReady
AED 1,175,000AED 888 per sqft

Source: Dubai Land Department. Updated 26 May 2014.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
37th of 41
Parking
M185
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.35M · May 2014
Building
Shams 2

About 3701, Shams 2

3701 is a two-bedroom apartment of 1,323 sqft on the 37th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 May 2014 for AED 1,350,000, or AED 1,020 per sqft, 33% below the AED 1,522 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3701 over time

Sales
Unit 3701, 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, September 2007: AED 1,175,000 (AED 888 per sqft)Sold, May 2014: AED 1,350,000 (AED 1,020 per sqft)

3701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3701, 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 3701 sits

All 103 2-beds →

3701 last sold in May 2014 at AED 1,020 per sqft, 33% below what two-beds in Shams 2 were fetching at the time (AED 1,522). 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 37th floor

All 154 units in Shams 2
Value
37022-bedAED 1.76M · Mar 2008
37032-bedAED 1.18M · Aug 2007
37042-bedAED 2.85M · Apr 2026

3701, Shams 2 in numbers

  • Sold twice: first on 12 September 2007 for AED 1,175,000, last on 26 May 2014 for AED 1,350,000 (AED 1,020 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 May 2014.

Questions about 3701, Shams 2

What did unit 3701 last sell for?

AED 1,350,000 on 26 May 2014: AED 1,020 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in September 2007.

How big is unit 3701?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 37th floor of a 41-storey tower completed in 2007.

What is unit 3701 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 3701, Shams 2

Starts from the last sale price (AED 1.35M, 26 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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