402, Shams 2
Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Shams 2
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,297 sqft
- Floor
- 4th of 41
- Parking
- B301
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.3M · October 2007
- Building
- Shams 2
About 402, Shams 2
402 is a one-bedroom apartment of 1,297 sqft on the 4th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 October 2007 for AED 1,300,000, or AED 1,002 per sqft, 22% above the AED 819 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 August 2023, is AED 90,000 a year: a gross yield of 6.9% on the 2007 price, before the service charge of about AED 23,800 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shams 2, and where 402 sits
All 9 1-beds →402 last sold in October 2007 at AED 1,002 per sqft, 22% above what one-beds in Shams 2 were fetching at the time (AED 819). Over the last 12 months one-beds sold for AED 2,100,000, around AED 1,618 per sqft, and rent for AED 115,000 to 242,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,297 sqft | 2,100,000 | 1,618 | ||
| 5 Mar 20245 March 2024 | 1,297 sqft | 1,533,000 | 1,181 | ||
| 26 Apr 202126 April 2021 | 1,986 sqft | 2,000,000 | 1,007 | ||
| 29 Sep 202029 September 2020 | 1,986 sqft | 1,398,000 | 703 |
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 4th floor
All 154 units in Shams 2402, Shams 2 in numbers
- Sold twice: first on 12 September 2007 for AED 1,025,000, last on 2 October 2007 for AED 1,300,000 (AED 1,002 per sqft).
- Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2022 and recovered to AED 90,000 by August 2023.
- At AED 90,000 a year the gross yield on the 2007 price is 6.9%, before a service charge of about AED 23,800 a year (AED 18.38 per sqft).
- One-beds in Shams 2 sold for AED 2,100,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,556 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2023.
Questions about 402, Shams 2
What did unit 402 last sell for?
AED 1,300,000 on 2 October 2007: AED 1,002 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in September 2007.
What is the rent for unit 402?
AED 90,000 a year on the contract signed on 10 August 2023. The previous contract, from June 2022, was AED 60,000; the unit has been rented since December 2013.
How big is unit 402?
1,297 sqft (120.5 sqm): a one-bedroom apartment on the 4th floor of a 41-storey tower completed in 2007.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 2 sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,618 per sqft.
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Mortgage on 402, Shams 2
Starts from the last sale price (AED 1.3M, 2 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →