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2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 24th floor · completed 2007

2403, Shams 2

Sold prices and rental history: sold 4 times, last in November 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 1.19M3 November 2019
Current rentAED 122K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Shams 2

What is 2403 worth today?

Last sold for AED 1,190,000 in 2019

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5 Sep 2025RentedRenewal
AED 122,000/yr12 months · AED 92 per sqft
5 Sep 2024RentedRenewal
AED 116,000/yr12 months · AED 88 per sqft
5 Sep 2023RentedRenewal
AED 105,000/yr12 months · AED 79 per sqft
5 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
21 Apr 2021RentedRenewal
AED 75,000/yr6 months · AED 57 per sqft
21 Oct 2020RentedNew contract
AED 75,000/yr6 months · AED 57 per sqft
3 Nov 2019SoldReady
AED 1,190,000AED 899 per sqft
21 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2025.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
24th of 41
Parking
M157
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.19M · November 2019
Building
Shams 2

About 2403, Shams 2

2403 is a two-bedroom apartment of 1,323 sqft on the 24th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 November 2019 for AED 1,190,000, or AED 899 per sqft, 16% below the AED 1,072 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 122,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 24,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, July 2007: AED 1,050,000 (AED 793 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,058 per sqft)Sold, June 2014: AED 2,200,000 (AED 1,663 per sqft)Sold, November 2019: AED 1,190,000 (AED 899 per sqft)

2403 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, 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, January 2013: AED 110,000 a yearNew contract, March 2016: AED 129,651 a yearNew contract, April 2018: AED 110,000 a yearNew contract, October 2018: AED 90,000 a yearRenewal, October 2019: AED 90,000 a yearNew contract, October 2020: AED 75,000 a yearRenewal, April 2021: AED 75,000 a yearNew contract, September 2021: AED 80,000 a yearRenewal, September 2023: AED 105,000 a yearRenewal, September 2024: AED 116,000 a yearRenewal, September 2025: AED 122,000 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 2403 sits

All 97 2-beds →

2403 last sold in November 2019 at AED 899 per sqft, 16% below what two-beds in Shams 2 were fetching at the time (AED 1,072). 2403's AED 122,000 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 24th floor

All 154 units in Shams 2
Value
24012-bedAED 1.06M · Dec 2020
24022-bedAED 1.55M · Jul 2022
24042-bedAED 1.8M · Feb 2017

2403, Shams 2 in numbers

  • Sold 4 times: first on 4 July 2007 for AED 1,050,000, last on 3 November 2019 for AED 1,190,000 (AED 899 per sqft).
  • Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 122,000 by September 2025.
  • At AED 122,000 a year the gross yield on the 2019 price is 10.3%, 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 5 September 2025.

Questions about 2403, Shams 2

What did unit 2403 last sell for?

AED 1,190,000 on 3 November 2019: AED 899 per sqft for 1,323 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in July 2007.

What is the rent for unit 2403?

AED 122,000 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 116,000; the unit has been rented since January 2013.

How big is unit 2403?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2403 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 2403, Shams 2

Starts from the last sale price (AED 1.19M, 3 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →