1702, Shams 2
Sold prices and rental history: sold 4 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Shams 2
What is 1702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,289 sqft
- Floor
- 17th of 41
- Parking
- B177
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 23,700 /yr
- Last sold
- AED 1.55M · December 2021
- Building
- Shams 2
About 1702, Shams 2
1702 is a two-bedroom apartment of 1,289 sqft on the 17th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 December 2021 for AED 1,550,000, or AED 1,202 per sqft, 18% above the AED 1,018 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 5 October 2020, is AED 82,500 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 23,700 a year.
Sales and rents for 1702 over time
1702 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1702 sits
All 97 2-beds →1702 last sold in December 2021 at AED 1,202 per sqft, 18% above what two-beds in Shams 2 were fetching at the time (AED 1,018). 1702's AED 82,500 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202525 June 2025 | 1,289 sqft | 2,000,000 | 1,551 | ||
| 21 Apr 202521 April 2025 | 1,323 sqft | 2,400,000 | 1,813 | ||
| 13 Mar 202513 March 2025 | 1,289 sqft | 1,830,000 | 1,419 | ||
| 4 Feb 20254 February 2025 | 1,323 sqft | 2,300,000 | 1,737 |
Shams 2
Building154 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%
Other units on the 17th floor
All 154 units in Shams 21702, Shams 2 in numbers
- Sold 4 times: first on 25 June 2007 for AED 1,050,000, last on 19 December 2021 for AED 1,550,000 (AED 1,202 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 135,000 to AED 82,500 a year.
- At AED 82,500 a year the gross yield on the 2021 price is 5.3%, 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 19 December 2021.
Questions about 1702, Shams 2
What did unit 1702 last sell for?
AED 1,550,000 on 19 December 2021: AED 1,202 per sqft for 1,289 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in June 2007.
What is the rent for unit 1702?
AED 82,500 a year on the contract renewed on 5 October 2020. The previous contract, from October 2019, was AED 100,000; the unit has been rented since October 2013.
How big is unit 1702?
1,289 sqft (119.8 sqm): a two-bedroom apartment on the 17th floor of a 41-storey tower completed in 2007.
What is unit 1702 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 1702, Shams 2
Starts from the last sale price (AED 1.55M, 19 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →