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2-bed · 1,289 sqftShams 2, Jumeirah Beach Residence · 15th floor · completed 2007

1504, Shams 2

Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 1.4M26 February 2019
Current rentAED 120K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Shams 2

What is 1504 worth today?

Last sold for AED 1,400,000 in 2019

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20 Sep 2025RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
15 May 2024RentedRenewal
AED 99,619/yr12 months · AED 77 per sqft
15 May 2023RentedRenewal
AED 94,875/yr12 months · AED 74 per sqft
15 May 2021RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
15 May 2020RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
15 May 2019RentedNew contract
AED 84,000/yr12 months · AED 65 per sqft
26 Feb 2019SoldReady
AED 1,400,000AED 1,085 per sqft
14 Jan 2018RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
15th of 41
Parking
B161
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,700 /yr
Last sold
AED 1.4M · February 2019
Building
Shams 2

About 1504, Shams 2

1504 is a two-bedroom apartment of 1,289 sqft on the 15th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 February 2019 for AED 1,400,000, or AED 1,085 per sqft, 3% below the AED 1,124 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 20 September 2025, is AED 120,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 23,700 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, January 2013: AED 1,050,000 (AED 814 per sqft)Sold, February 2019: AED 1,400,000 (AED 1,085 per sqft)

1504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, 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, May 2012: AED 90,000 a yearNew contract, September 2013: AED 130,000 a yearNew contract, December 2016: AED 135,000 a yearNew contract, January 2018: AED 115,000 a yearNew contract, May 2019: AED 84,000 a yearRenewal, May 2020: AED 80,000 a yearNew contract, May 2021: AED 75,000 a yearRenewal, May 2023: AED 94,875 a yearRenewal, May 2024: AED 99,619 a yearNew contract, September 2025: AED 120,000 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 1504 sits

All 97 2-beds →

1504 last sold in February 2019 at AED 1,085 per sqft, 3% below what two-beds in Shams 2 were fetching at the time (AED 1,124). 1504's AED 120,000 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 15th floor

All 154 units in Shams 2
Value
1501AED 2.55M · Apr 2025
15022-bedAED 1.9M · May 2017
15033-bedAED 1.66M · Jun 2007

1504, Shams 2 in numbers

  • Sold twice: first on 21 January 2013 for AED 1,050,000, last on 26 February 2019 for AED 1,400,000 (AED 1,085 per sqft).
  • Rented since May 2012 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 120,000 by September 2025.
  • At AED 120,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 23,700 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 20 September 2025.

Questions about 1504, Shams 2

What did unit 1504 last sell for?

AED 1,400,000 on 26 February 2019: AED 1,085 per sqft for 1,289 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in January 2013.

What is the rent for unit 1504?

AED 120,000 a year on the contract signed on 20 September 2025. The previous contract, from May 2024, was AED 99,619; the unit has been rented since May 2012.

How big is unit 1504?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.

What is unit 1504 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 1504, Shams 2

Starts from the last sale price (AED 1.4M, 26 February 2019). 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 AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →