302, Shams 2
Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Shams 2
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,396 sqft
- Floor
- 3rd of 41
- Parking
- B303
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 25,700 /yr
- Last sold
- AED 1.4M · October 2007
- Building
- Shams 2
About 302, Shams 2
302 is a two-bedroom apartment of 1,396 sqft on the 3rd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 October 2007 for AED 1,400,000, or AED 1,002 per sqft, 23% above the AED 814 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 April 2025, is AED 155,000 a year: a gross yield of 11.1% on the 2007 price, before the service charge of about AED 25,700 a year.
Sales and rents for 302 over time
302 has sold twice; 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 302 sits
All 97 2-beds →302 last sold in October 2007 at AED 1,002 per sqft, 23% above what two-beds in Shams 2 were fetching at the time (AED 814). 302's AED 155,000 is in the upper half 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 3rd floor
All 154 units in Shams 2302, Shams 2 in numbers
- Sold twice: first on 11 September 2007 for AED 1,075,000, last on 1 October 2007 for AED 1,400,000 (AED 1,002 per sqft).
- Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 102,000 to AED 70,000 in 2020 and recovered to AED 155,000 by April 2025.
- At AED 155,000 a year the gross yield on the 2007 price is 11.1%, before a service charge of about AED 25,700 a year (AED 18.38 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2025.
Questions about 302, Shams 2
What did unit 302 last sell for?
AED 1,400,000 on 1 October 2007: AED 1,002 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in September 2007.
What is the rent for unit 302?
AED 155,000 a year on the contract signed on 20 April 2025. The previous contract, from October 2023, was AED 97,000; the unit has been rented since August 2015.
How big is unit 302?
1,396 sqft (129.7 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.
What is unit 302 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 302, Shams 2
Starts from the last sale price (AED 1.4M, 1 October 2007). 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 →