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2-bed · 1,289 sqftShams 2, Jumeirah Beach Residence · 11th floor · completed 2007

1102, Shams 2

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 1.05M13 May 2008
Current rentAED 129K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Shams 2

What is 1102 worth today?

Last sold for AED 1,050,000 in 2008

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10 Feb 2024RentedRenewal
AED 129,000/yr12 months · AED 100 per sqft
28 Sep 2023RentedNew contract
AED 127,000/yr12 months · AED 98 per sqft
10 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
8 Oct 2018RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
8 Oct 2017RentedRenewal
AED 115,000/yr12 months · AED 89 per sqft
8 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
19 Oct 2013RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
13 May 2008Sold by developerReady
AED 1,050,000AED 814 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2024.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
11th of 41
Parking
B168
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,700 /yr
Last sold
AED 1.05M · May 2008
Building
Shams 2

About 1102, Shams 2

1102 is a two-bedroom apartment of 1,289 sqft on the 11th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 13 May 2008 for AED 1,050,000, or AED 814 per sqft, 8% below the AED 888 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 129,000 a year: a gross yield of 12.3% on the 2008 price, before the service charge of about AED 23,700 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Shams 2
1M2M2007201220172022Typical 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 1,662,500; 2023 AED 2,000,000; 2024 AED 2,290,000; 2025 AED 2,150,000Sold by developer, May 2008: AED 1,050,000 (AED 814 per sqft)

1102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Shams 2
100K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 112,500; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 126,000; 2025 AED 135,596; 2026 AED 135,000New contract, October 2013: AED 115,000 a yearNew contract, October 2016: AED 115,000 a yearRenewal, October 2017: AED 115,000 a yearRenewal, October 2018: AED 100,000 a yearRenewal, February 2023: AED 80,000 a yearNew contract, September 2023: AED 127,000 a yearRenewal, February 2024: AED 129,000 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 1102 sits

All 97 2-beds →

1102 last sold in May 2008 at AED 814 per sqft, 8% below what two-beds in Shams 2 were fetching at the time (AED 888). 1102's AED 129,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jun 20252,000,000
21 Apr 20252,400,000
13 Mar 20251,830,000
4 Feb 20252,300,000
0 2-bed sales in the last 12 months

Shams 2

Building

154 apartments, 1-bed to 3-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,556
Typical sale
AED 2.6M
Typical rent
AED 135K /yr
Typical yield
6.3%
Shams 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 11th floor

All 154 units in Shams 2
Value
11013-bedAED 2.6M · May 2025
11033-bedAED 2.65M · Mar 2025
11042-bedAED 1.4M · Oct 2007

1102, Shams 2 in numbers

  • Sold once: by Dubai Properties on 13 May 2008 for AED 1,050,000, or AED 814 per sqft.
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2023 and recovered to AED 129,000 by February 2024.
  • At AED 129,000 a year the gross yield on the 2008 price is 12.3%, before a service charge of about AED 23,700 a year (AED 18.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2024.

Questions about 1102, Shams 2

What did unit 1102 last sell for?

AED 1,050,000 on 13 May 2008, sold by the developer: AED 814 per sqft for 1,289 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 129,000 a year on the contract renewed on 10 February 2024. The previous contract, from September 2023, was AED 127,000; the unit has been rented since October 2013.

How big is unit 1102?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 11th floor of a 41-storey tower completed in 2007.

What is unit 1102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1102, Shams 2

Starts from the last sale price (AED 1.05M, 13 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →