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2-bed · 1,397 sqftShams 2, Jumeirah Beach Residence · completed 2007

UP-02, Shams 2

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP-02 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 1.4M2 October 2007
Current rentAED 140K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP-02, Shams 2

What is UP-02 worth today?

Last sold for AED 1,400,000 in 2007

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16 Jun 2026RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
6 Aug 2025RentedRenewal
AED 155,002/yr4 months · AED 111 per sqft
6 Aug 2025RentedRenewal
AED 155,002/yr4 months · AED 111 per sqft
6 Aug 2024RentedNew contract
AED 155,000/yr12 months · AED 111 per sqft
1 Aug 2023RentedRenewal
AED 86,500/yr12 months · AED 62 per sqft
1 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
1 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
1 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Parking
B308
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,700 /yr
Last sold
AED 1.4M · October 2007
Building
Shams 2

About UP-02, Shams 2

UP-02 is a two-bedroom apartment of 1,397 sqft 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 1,400,000, or AED 1,002 per sqft, 23% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 16 June 2026, is AED 140,000 a year: a gross yield of 10.0% on the 2007 price, before the service charge of about AED 25,700 a year.

Sales and rents for UP-02 over time

Sales
Unit UP-02, 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 1,075,000 (AED 769 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,002 per sqft)

UP-02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit UP-02, each contractTypical two-bed in Shams 2
100K150K2012201620202024Typical 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 125,875New contract, December 2016: AED 105,000 a yearNew contract, April 2018: AED 100,000 a yearNew contract, August 2019: AED 87,000 a yearRenewal, August 2020: AED 70,000 a yearRenewal, August 2021: AED 70,000 a yearRenewal, August 2022: AED 80,000 a yearRenewal, August 2023: AED 86,500 a yearNew contract, August 2024: AED 155,000 a yearRenewal, August 2025: AED 155,002 a yearRenewal, August 2025: AED 155,002 a yearNew contract, June 2026: AED 140,000 a year

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 UP-02 sits

All 103 2-beds →

UP-02 last sold in October 2007 at AED 1,002 per sqft, 23% 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. UP-02's AED 140,000 is in the lower half of that range.

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 →

UP-02, Shams 2 in numbers

  • Sold twice: first on 11 September 2007 for AED 1,075,000, last on 2 October 2007 for AED 1,400,000 (AED 1,002 per sqft).
  • Rented since December 2016 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 140,000 by June 2026.
  • At AED 140,000 a year the gross yield on the 2007 price is 10.0%, before a service charge of about AED 25,700 a year (AED 18.38 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 16 June 2026.

Questions about UP-02, Shams 2

What did unit UP-02 last sell for?

AED 1,400,000 on 2 October 2007: AED 1,002 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in September 2007.

What is the rent for unit UP-02?

AED 140,000 a year on the contract signed on 16 June 2026. The previous contract, from August 2025, was AED 155,002; the unit has been rented since December 2016.

How big is unit UP-02?

1,397 sqft (129.8 sqm): a two-bedroom apartment of a 41-storey tower completed in 2007.

What is unit UP-02 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 UP-02, Shams 2

Starts from the last sale price (AED 1.4M, 2 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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