404, Shams 2
Sold prices and rental history: sold 4 times, last in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Shams 2
What is 404 worth today?
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Source: Dubai Land Department. Updated 18 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,297 sqft
- Floor
- 4th of 41
- Parking
- B300
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1M · January 2011
- Building
- Shams 2
About 404, Shams 2
404 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 10 January 2011 for AED 1,000,000, or AED 770 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 18 January 2025, is AED 131,250 a year: a gross yield of 13.1% on the 2011 price, before the service charge of about AED 23,800 a year.
Sales and rents for 404 over time
404 has sold 4 times; 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 404 sits
All 9 1-beds →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. 404's AED 131,250 is in the lower half 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 2404, Shams 2 in numbers
- Sold 4 times: first on 11 September 2007 for AED 1,025,000, last on 10 January 2011 for AED 1,000,000 (AED 770 per sqft).
- Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 76,000 in 2021 and recovered to AED 131,250 by January 2025.
- At AED 131,250 a year the gross yield on the 2011 price is 13.1%, 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 18 January 2025.
Questions about 404, Shams 2
What did unit 404 last sell for?
AED 1,000,000 on 10 January 2011: AED 770 per sqft for 1,297 sqft. The unit has 4 registered sales; the first was AED 1,025,000 in September 2007.
What is the rent for unit 404?
AED 131,250 a year on the contract renewed on 18 January 2025. The previous contract, from January 2025, was AED 131,250; the unit has been rented since March 2015.
How big is unit 404?
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 404 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 404, Shams 2
Starts from the last sale price (AED 1M, 10 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →