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

3703, Shams 2

Sold prices and rental history: sold once, by the developer in August 2007, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 29 August 2007
Last soldAED 1.18M29 August 2007
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, Shams 2

What is 3703 worth today?

Last sold for AED 1,175,000 in 2007

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29 Aug 2007Sold by developerReady
AED 1,175,000AED 888 per sqft

Source: Dubai Land Department. Updated 29 August 2007.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
37th of 41
Parking
G197
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.18M · August 2007
Building
Shams 2

About 3703, Shams 2

3703 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. The developer sold it on 29 August 2007 for AED 1,175,000, or AED 888 per sqft, 12% above the AED 793 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3703 over time

Sales
Unit 3703, 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, August 2007: AED 1,175,000 (AED 888 per sqft)

3703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3703, 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 3703 sits

All 103 2-beds →

3703 last sold in August 2007 at AED 888 per sqft, 12% above 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.

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
37012-bedAED 1.35M · May 2014
37022-bedAED 1.76M · Mar 2008
37042-bedAED 2.85M · Apr 2026

3703, Shams 2 in numbers

  • Sold once: by Dubai Properties on 29 August 2007 for AED 1,175,000, or AED 888 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 August 2007.

Questions about 3703, Shams 2

What did unit 3703 last sell for?

AED 1,175,000 on 29 August 2007, sold by the developer: AED 888 per sqft for 1,323 sqft. It is the only registered sale of the unit.

How big is unit 3703?

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 3703 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 3703, Shams 2

Starts from the last sale price (AED 1.18M, 29 August 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 →