2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 32nd floor · completed 2007

3201, Shams 2

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

Unit 3201 · DLD and Ejari recordsUpdated 1 July 2019
Last soldAED 1.5M1 July 2019
Current rentAED 135K /yr9 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, Shams 2

What is 3201 worth today?

Last sold for AED 1,500,000 in 2019

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1 Jul 2019SoldReady
AED 1,500,000AED 1,133 per sqft
9 Apr 2018RentedRenewal
AED 135,000/yr12 months · AED 102 per sqft
9 Apr 2017RentedRenewal
AED 165,000/yr12 months · AED 125 per sqft
9 Apr 2016RentedRenewal
AED 180,000/yr12 months · AED 136 per sqft
9 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 136 per sqft
9 Apr 2014RentedNew contract
AED 180,000/yr12 months · AED 136 per sqft
2 Feb 2013RentedNew contract
AED 160,000/yr13 months · AED 121 per sqft
4 Oct 2010SoldReady
AED 1,450,000AED 1,096 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2019.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
32nd of 41
Parking
M168
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.5M · July 2019
Building
Shams 2

About 3201, Shams 2

3201 is a two-bedroom apartment of 1,323 sqft on the 32nd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 July 2019 for AED 1,500,000, or AED 1,133 per sqft, in line with the AED 1,133 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 9 April 2018, is AED 135,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, September 2007: AED 1,175,000 (AED 888 per sqft)Sold, October 2007: AED 1,950,000 (AED 1,474 per sqft)Sold, October 2010: AED 1,450,000 (AED 1,096 per sqft)Sold, July 2019: AED 1,500,000 (AED 1,133 per sqft)

3201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, 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, February 2013: AED 160,000 a yearNew contract, April 2014: AED 180,000 a yearNew contract, April 2015: AED 180,000 a yearRenewal, April 2016: AED 180,000 a yearRenewal, April 2017: AED 165,000 a yearRenewal, April 2018: 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 3201 sits

All 97 2-beds →

3201 last sold in July 2019 at AED 1,133 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 1,133). 3201'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 32nd floor

All 154 units in Shams 2
Value
32022-bedAED 1.93M · May 2008
32032-bedAED 1.18M · Oct 2007
3204AED 2.3M · Oct 2025

3201, Shams 2 in numbers

  • Sold 4 times: first on 4 September 2007 for AED 1,175,000, last on 1 July 2019 for AED 1,500,000 (AED 1,133 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 160,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 9.0%, 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 1 July 2019.

Questions about 3201, Shams 2

What did unit 3201 last sell for?

AED 1,500,000 on 1 July 2019: AED 1,133 per sqft for 1,323 sqft. The unit has 4 registered sales; the first was AED 1,175,000 in September 2007.

What is the rent for unit 3201?

AED 135,000 a year on the contract renewed on 9 April 2018. The previous contract, from April 2017, was AED 165,000; the unit has been rented since February 2013.

How big is unit 3201?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 32nd floor of a 41-storey tower completed in 2007.

What is unit 3201 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 3201, Shams 2

Starts from the last sale price (AED 1.5M, 1 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →