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2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 23rd floor · completed 2007

2304, Shams 2

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

Unit 2304 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 1.4M29 October 2012
Current rentAED 135K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Shams 2

What is 2304 worth today?

Last sold for AED 1,400,000 in 2012

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20 Jan 2026RentedNew contract
AED 135,000/yr12 months · AED 102 per sqft
15 Dec 2024RentedRenewal
AED 115,500/yr12 months · AED 88 per sqft
15 Dec 2023RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
15 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 76 per sqft
15 Dec 2022RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
15 Dec 2021RentedNew contract
AED 95,000/yr12 months · AED 72 per sqft
15 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
30 Sep 2019RentedRenewal
AED 95,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
23rd of 41
Parking
B220
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.4M · October 2012
Building
Shams 2

About 2304, Shams 2

2304 is a two-bedroom apartment of 1,323 sqft on the 23rd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 October 2012 for AED 1,400,000, or AED 1,057 per sqft, in line with the AED 1,057 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 20 January 2026, is AED 135,000 a year: a gross yield of 9.6% on the 2012 price, before the service charge of about AED 24,300 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, June 2007: AED 1,050,000 (AED 793 per sqft)Sold, October 2012: AED 1,400,000 (AED 1,057 per sqft)

2304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, each contractTypical two-bed in Shams 2
100K150K2012201620202024Typical 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, December 2012: AED 100,000 a yearNew contract, July 2015: AED 140,000 a yearRenewal, July 2016: AED 140,000 a yearRenewal, July 2017: AED 140,000 a yearNew contract, September 2018: AED 95,000 a yearRenewal, September 2019: AED 95,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, December 2021: AED 95,000 a yearRenewal, December 2022: AED 100,000 a yearRenewal, December 2022: AED 105,000 a yearRenewal, December 2023: AED 105,000 a yearRenewal, December 2024: AED 115,500 a yearNew contract, January 2026: AED 135,000 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 2304 sits

All 97 2-beds →

2304 last sold in October 2012 at AED 1,057 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 1,057). 2304's AED 135,000 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 23rd floor

All 154 units in Shams 2
Value
23012-bedAED 1.4M · Oct 2007
23022-bedAED 1.38M · Oct 2007
23032-bedAED 2.1M · Jul 2023

2304, Shams 2 in numbers

  • Sold twice: first on 24 June 2007 for AED 1,050,000, last on 29 October 2012 for AED 1,400,000 (AED 1,057 per sqft).
  • Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 135,000 by January 2026.
  • At AED 135,000 a year the gross yield on the 2012 price is 9.6%, before a service charge of about AED 24,300 a year (AED 18.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2026.

Questions about 2304, Shams 2

What did unit 2304 last sell for?

AED 1,400,000 on 29 October 2012: AED 1,057 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in June 2007.

What is the rent for unit 2304?

AED 135,000 a year on the contract signed on 20 January 2026. The previous contract, from December 2024, was AED 115,500; the unit has been rented since December 2012.

How big is unit 2304?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 23rd floor of a 41-storey tower completed in 2007.

What is unit 2304 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 2304, Shams 2

Starts from the last sale price (AED 1.4M, 29 October 2012). 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 →