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2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 37th floor · completed 2007

3702, Shams 2

Sold prices and rental history: sold twice, last in March 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 1.76M9 March 2008
Current rentAED 130K /yr6 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Shams 2

What is 3702 worth today?

Last sold for AED 1,760,000 in 2008

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6 Jan 2025RentedRenewal
AED 130,000/yr12 months · AED 99 per sqft
1 Jan 2024RentedNew contract
AED 127,898/yr12 months · AED 97 per sqft
20 Jun 2023RentedRenewal
AED 100,001/yr5 months · AED 76 per sqft
20 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
20 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
7 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft
9 Mar 2008SoldReady
AED 1,760,000AED 1,329 per sqft
21 Feb 2008Sold by developerReady
AED 1,050,000AED 793 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2025.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
37th of 41
Parking
B195
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.76M · March 2008
Building
Shams 2

About 3702, Shams 2

3702 is a two-bedroom apartment of 1,323 sqft on the 37th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 March 2008 for AED 1,760,000, or AED 1,329 per sqft, 51% above the AED 880 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 6 January 2025, is AED 130,000 a year: a gross yield of 7.4% on the 2008 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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, February 2008: AED 1,050,000 (AED 793 per sqft)Sold, March 2008: AED 1,760,000 (AED 1,329 per sqft)

3702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3702, 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, December 2019: AED 90,000 a yearNew contract, February 2021: AED 65,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 100,001 a yearNew contract, January 2024: AED 127,898 a yearRenewal, January 2025: AED 130,000 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 3702 sits

All 97 2-beds →

3702 last sold in March 2008 at AED 1,329 per sqft, 51% above what two-beds in Shams 2 were fetching at the time (AED 880). 3702's AED 130,000 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 37th floor

All 154 units in Shams 2
Value
37012-bedAED 1.35M · May 2014
37032-bedAED 1.18M · Aug 2007
3704AED 2.1M · Aug 2025

3702, Shams 2 in numbers

  • Sold twice: first on 21 February 2008 for AED 1,050,000, last on 9 March 2008 for AED 1,760,000 (AED 1,329 per sqft).
  • Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2021 and recovered to AED 130,000 by January 2025.
  • At AED 130,000 a year the gross yield on the 2008 price is 7.4%, 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 6 January 2025.

Questions about 3702, Shams 2

What did unit 3702 last sell for?

AED 1,760,000 on 9 March 2008: AED 1,329 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in February 2008.

What is the rent for unit 3702?

AED 130,000 a year on the contract renewed on 6 January 2025. The previous contract, from January 2024, was AED 127,898; the unit has been rented since December 2019.

How big is unit 3702?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 37th floor of a 41-storey tower completed in 2007.

What is unit 3702 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 3702, Shams 2

Starts from the last sale price (AED 1.76M, 9 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

Plus AED 78,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →