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2-bed · 1,986 sqftShams 2, Jumeirah Beach Residence · Ground floor · completed 2007

L02, Shams 2

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

Unit L02 · DLD and Ejari recordsUpdated 31 December 2007
Last soldAED 1.74M31 December 2007
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L02, Shams 2

What is L02 worth today?

Last sold for AED 1,735,000 in 2007

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31 Dec 2007Sold by developerReady
AED 1,735,000AED 873 per sqft

Source: Dubai Land Department. Updated 31 December 2007.

Key facts

Type
2-bed apartment
Size
1,986 sqft
Floor
Ground of 41
Parking
G170/ G171
Developer
Dubai Properties
Completed
2007
Service charge
AED 36,500 /yr
Last sold
AED 1.74M · December 2007
Building
Shams 2

About L02, Shams 2

L02 is a two-bedroom apartment of 1,986 sqft on the ground floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 December 2007 for AED 1,735,000, or AED 873 per sqft, 7% above the AED 814 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for L02 over time

Sales
Unit L02, 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, December 2007: AED 1,735,000 (AED 873 per sqft)

L02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit L02, 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 L02 sits

All 103 2-beds →

L02 last sold in December 2007 at AED 873 per sqft, 7% above what two-beds in Shams 2 were fetching at the time (AED 814). 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 →

L02, Shams 2 in numbers

  • Sold once: by Dubai Properties on 31 December 2007 for AED 1,735,000, or AED 873 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 31 December 2007.

Questions about L02, Shams 2

What did unit L02 last sell for?

AED 1,735,000 on 31 December 2007, sold by the developer: AED 873 per sqft for 1,986 sqft. It is the only registered sale of the unit.

How big is unit L02?

1,986 sqft (184.5 sqm): a two-bedroom apartment on the ground floor of a 41-storey tower completed in 2007.

What is unit L02 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 L02, Shams 2

Starts from the last sale price (AED 1.74M, 31 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,735,000
Deposit, UAE resident (20%)
AED 347,000
Deposit, non-resident (40%)
AED 694,000
Monthly over 25 years at 3.7%
AED 7,098

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