402, Shams 2
Sold prices and rental history: sold twice, last in October 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 402, Shams 2
What is 402 worth today?
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Source: Dubai Land Department. Updated 16 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,297 sqft
- Floor
- 4th of 41
- Parking
- B301
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.3M · October 2007
- Building
- Shams 2
About 402, Shams 2
402 is a one-bedroom apartment of 1,297 sqft on the 4th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 October 2007 for AED 1,300,000, or AED 1,002 per sqft, 22% above the AED 819 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 16 June 2026, is AED 85,000 a year: a gross yield of 6.5% on the 2007 price, before the service charge of about AED 23,800 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shams 2, and where 402 sits
All 9 1-beds →402 last sold in October 2007 at AED 1,002 per sqft, 22% above what one-beds in Shams 2 were fetching at the time (AED 819). Over the last 12 months one-beds sold for AED 2,000,000 to 2,100,000, around AED 1,580 per sqft, and rent for AED 85,000 to 242,000 a year. 402's AED 85,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,297 sqft | 2,000,000 | 1,541 | ||
| 30 Jan 202630 January 2026 | 1,297 sqft | 2,100,000 | 1,618 | ||
| 5 Mar 20245 March 2024 | 1,297 sqft | 1,533,000 | 1,181 | ||
| 26 Apr 202126 April 2021 | 1,986 sqft | 2,000,000 | 1,007 |
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 4th floor
All 154 units in Shams 2402, Shams 2 in numbers
- Sold twice: first on 12 September 2007 for AED 1,025,000, last on 2 October 2007 for AED 1,300,000 (AED 1,002 per sqft).
- Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2022 and recovered to AED 85,000 by June 2026.
- At AED 85,000 a year the gross yield on the 2007 price is 6.5%, before a service charge of about AED 23,800 a year (AED 18.38 per sqft).
- One-beds in Shams 2 sold for AED 2,000,000–2,100,000 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 16 June 2026.
Questions about 402, Shams 2
What did unit 402 last sell for?
AED 1,300,000 on 2 October 2007: AED 1,002 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in September 2007.
What is the rent for unit 402?
AED 85,000 a year on the contract signed on 16 June 2026. The previous contract, from August 2023, was AED 90,000; the unit has been rented since December 2013.
How big is unit 402?
1,297 sqft (120.5 sqm): a one-bedroom apartment on the 4th floor of a 41-storey tower completed in 2007.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 2 sold for AED 2,000,000 to 2,100,000 in the last 12 months, around AED 1,580 per sqft.
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Mortgage on 402, Shams 2
Starts from the last sale price (AED 1.3M, 2 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →