2-bed · 1,289 sqftShams 2, Jumeirah Beach Residence · 9th floor · completed 2007

902, Shams 2

Sold prices and rental history: sold 4 times, last in August 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.3M18 August 2009
Current rentAED 126K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Shams 2

What is 902 worth today?

Last sold for AED 1,300,000 in 2009

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15 Apr 2025RentedRenewal
AED 126,000/yr12 months · AED 98 per sqft
15 Apr 2023RentedNew contract
AED 104,000/yr12 months · AED 81 per sqft
15 Dec 2022RentedRenewal
AED 110,000/yr2 months · AED 85 per sqft
15 Dec 2021RentedRenewal
AED 96,600/yr12 months · AED 75 per sqft
15 Dec 2020RentedNew contract
AED 92,000/yr12 months · AED 71 per sqft
25 Oct 2019RentedRenewal
AED 92,500/yr12 months · AED 72 per sqft
25 Oct 2018RentedRenewal
AED 106,000/yr12 months · AED 82 per sqft
1 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
9th of 41
Parking
B172
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,700 /yr
Last sold
AED 1.3M · August 2009
Building
Shams 2

About 902, Shams 2

902 is a two-bedroom apartment of 1,289 sqft on the 9th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 August 2009 for AED 1,300,000, or AED 1,008 per sqft, 3% above the AED 978 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 126,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 23,700 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, December 2007: AED 990,000 (AED 767 per sqft)Sold, March 2008: AED 1,600,000 (AED 1,241 per sqft)Sold, May 2008: AED 1,900,000 (AED 1,473 per sqft)Sold, August 2009: AED 1,300,000 (AED 1,008 per sqft)

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

Rents
Unit 902, 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 2013: AED 107,902 a yearNew contract, November 2014: AED 121,000 a yearRenewal, November 2015: AED 127,000 a yearNew contract, January 2017: AED 125,000 a yearRenewal, October 2018: AED 106,000 a yearRenewal, October 2019: AED 92,500 a yearNew contract, December 2020: AED 92,000 a yearRenewal, December 2021: AED 96,600 a yearRenewal, December 2022: AED 110,000 a yearNew contract, April 2023: AED 104,000 a yearRenewal, April 2025: AED 126,000 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 902 sits

All 97 2-beds →

902 last sold in August 2009 at AED 1,008 per sqft, 3% above what two-beds in Shams 2 were fetching at the time (AED 978). 902's AED 126,000 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 9th floor

All 154 units in Shams 2
Value
9013-bedAED 2M · Jan 2008
9033-bedAED 2.1M · Feb 2009
9042-bedAED 1.73M · Aug 2023

902, Shams 2 in numbers

  • Sold 4 times: first on 25 December 2007 for AED 990,000, last on 18 August 2009 for AED 1,300,000 (AED 1,008 per sqft).
  • Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 107,902 to AED 92,000 in 2020 and recovered to AED 126,000 by April 2025.
  • At AED 126,000 a year the gross yield on the 2009 price is 9.7%, before a service charge of about AED 23,700 a year (AED 18.38 per sqft).

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 902, Shams 2

What did unit 902 last sell for?

AED 1,300,000 on 18 August 2009: AED 1,008 per sqft for 1,289 sqft. The unit has 4 registered sales; the first was AED 990,000 in December 2007.

What is the rent for unit 902?

AED 126,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2023, was AED 104,000; the unit has been rented since November 2013.

How big is unit 902?

1,289 sqft (119.8 sqm): a two-bedroom apartment on the 9th floor of a 41-storey tower completed in 2007.

What is unit 902 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 902, Shams 2

Starts from the last sale price (AED 1.3M, 18 August 2009). 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 →