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

3203, Shams 2

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.18M1 October 2007
Current rentAED 140K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Shams 2

What is 3203 worth today?

Last sold for AED 1,175,000 in 2007

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1 Sep 2025RentedRenewal
AED 140,000/yr12 months · AED 106 per sqft
1 Sep 2025RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
1 Sep 2025RentedRenewal
AED 110,000/yr12 months · AED 83 per sqft
1 Sep 2024RentedRenewal
AED 140,000/yr12 months · AED 106 per sqft
1 Sep 2023RentedRenewal
AED 140,000/yr12 months · AED 106 per sqft
1 Sep 2022RentedRenewal
AED 140,000/yr12 months · AED 106 per sqft
1 Sep 2020RentedRenewal
AED 140,000/yr12 months · AED 106 per sqft
1 Oct 2007Sold by developerReady
AED 1,175,000AED 888 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
32nd of 41
Parking
M169
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.18M · October 2007
Building
Shams 2

About 3203, Shams 2

3203 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. The developer sold it on 1 October 2007 for AED 1,175,000, or AED 888 per sqft, 9% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 140,000 a year: a gross yield of 11.9% on the 2007 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, October 2007: AED 1,175,000 (AED 888 per sqft)

3203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, 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 135,000Renewal, September 2020: AED 140,000 a yearRenewal, September 2022: AED 140,000 a yearRenewal, September 2023: AED 140,000 a yearRenewal, September 2024: AED 140,000 a yearRenewal, September 2025: AED 140,000 a yearRenewal, September 2025: AED 110,000 a yearRenewal, September 2025: AED 110,000 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 3203 sits

All 97 2-beds →

3203 last sold in October 2007 at AED 888 per sqft, 9% above what two-beds in Shams 2 were fetching at the time (AED 814). 3203's AED 140,000 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
32012-bedAED 1.5M · Jul 2019
32022-bedAED 1.93M · May 2008
3204AED 2.3M · Oct 2025

3203, Shams 2 in numbers

  • Sold once: by Dubai Properties on 1 October 2007 for AED 1,175,000, or AED 888 per sqft.
  • Rented since September 2020 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2025 and recovered to AED 140,000 by September 2025.
  • At AED 140,000 a year the gross yield on the 2007 price is 11.9%, 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 September 2025.

Questions about 3203, Shams 2

What did unit 3203 last sell for?

AED 1,175,000 on 1 October 2007, sold by the developer: AED 888 per sqft for 1,323 sqft. It is the only registered sale of the unit.

What is the rent for unit 3203?

AED 140,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2025, was AED 110,000; the unit has been rented since September 2020.

How big is unit 3203?

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 3203 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 3203, Shams 2

Starts from the last sale price (AED 1.18M, 1 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →