2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 33rd floor · completed 2007

3304, Shams 2

Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3304 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1.05M26 August 2007
Current rentAED 106K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3304, Shams 2

What is 3304 worth today?

Last sold for AED 1,050,000 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Nov 2024RentedNew contract
AED 105,682/yr11 months · AED 80 per sqft
25 Nov 2023RentedRenewal
AED 95,000/yr12 months · AED 72 per sqft
25 Nov 2022RentedRenewal
AED 78,200/yr12 months · AED 59 per sqft
25 Nov 2021RentedRenewal
AED 68,000/yr12 months · AED 51 per sqft
25 Nov 2020RentedRenewal
AED 68,000/yr12 months · AED 51 per sqft
25 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
25 Oct 2018RentedRenewal
AED 100,279/yr12 months · AED 76 per sqft
25 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
33rd of 41
Parking
B187
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.05M · August 2007
Building
Shams 2

About 3304, Shams 2

3304 is a two-bedroom apartment of 1,323 sqft on the 33rd floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 August 2007 for AED 1,050,000, or AED 793 per sqft, in line with the AED 793 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 25 November 2024, is AED 105,682 a year: a gross yield of 10.1% on the 2007 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3304 over time

Sales
Unit 3304, 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, August 2007: AED 1,050,000 (AED 793 per sqft)

3304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3304, 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, November 2012: AED 92,000 a yearNew contract, February 2016: AED 137,000 a yearNew contract, October 2017: AED 110,000 a yearRenewal, October 2018: AED 100,279 a yearNew contract, November 2019: AED 85,000 a yearRenewal, November 2020: AED 68,000 a yearRenewal, November 2021: AED 68,000 a yearRenewal, November 2022: AED 78,200 a yearRenewal, November 2023: AED 95,000 a yearNew contract, November 2024: AED 105,682 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 3304 sits

All 97 2-beds →

3304 last sold in August 2007 at AED 793 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 793). 3304's AED 105,682 is at the bottom 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 33rd floor

All 154 units in Shams 2
Value
33012-bedAED 1.38M · Nov 2019
33022-bedAED 2M · Aug 2022
33032-bedAED 2.2M · May 2013

3304, Shams 2 in numbers

  • Sold once: by Dubai Properties on 26 August 2007 for AED 1,050,000, or AED 793 per sqft.
  • Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 92,000 to AED 68,000 in 2021 and recovered to AED 105,682 by November 2024.
  • At AED 105,682 a year the gross yield on the 2007 price is 10.1%, 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 25 November 2024.

Questions about 3304, Shams 2

What did unit 3304 last sell for?

AED 1,050,000 on 26 August 2007, sold by the developer: AED 793 per sqft for 1,323 sqft. It is the only registered sale of the unit.

What is the rent for unit 3304?

AED 105,682 a year on the contract signed on 25 November 2024. The previous contract, from November 2023, was AED 95,000; the unit has been rented since November 2012.

How big is unit 3304?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 33rd floor of a 41-storey tower completed in 2007.

What is unit 3304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 3304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3304, Shams 2

Starts from the last sale price (AED 1.05M, 26 August 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →