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

904, Shams 2

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 23 August 2023
Last soldAED 1.73M23 August 2023
Current rentAED 76K /yr21 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Shams 2

What is 904 worth today?

Last sold for AED 1,730,000 in 2023

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23 Aug 2023SoldReady
AED 1,730,000AED 1,341 per sqft
21 Jun 2021RentedNew contract
AED 76,000/yr12 months · AED 59 per sqft
15 Nov 2020RentedNew contract
AED 76,000/yr12 months · AED 59 per sqft
12 Jan 2019RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
12 Jan 2018RentedRenewal
AED 125,000/yr12 months · AED 97 per sqft
12 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
30 Oct 2014RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
19 Jul 2007Sold by developerReady
AED 990,000AED 767 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2023.

Key facts

Type
2-bed apartment
Size
1,289 sqft
Floor
9th of 41
Parking
B171
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,700 /yr
Last sold
AED 1.73M · August 2023
Building
Shams 2

About 904, Shams 2

904 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 23 August 2023 for AED 1,730,000, or AED 1,341 per sqft, 11% below the AED 1,511 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 21 June 2021, is AED 76,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 23,700 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, July 2007: AED 990,000 (AED 767 per sqft)Sold, August 2023: AED 1,730,000 (AED 1,341 per sqft)

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

Rents
Unit 904, 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, October 2014: AED 130,000 a yearNew contract, January 2017: AED 125,000 a yearRenewal, January 2018: AED 125,000 a yearRenewal, January 2019: AED 105,000 a yearNew contract, November 2020: AED 76,000 a yearNew contract, June 2021: AED 76,000 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 904 sits

All 97 2-beds →

904 last sold in August 2023 at AED 1,341 per sqft, 11% below what two-beds in Shams 2 were fetching at the time (AED 1,511). 904's AED 76,000 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 9th floor

All 154 units in Shams 2
Value
9013-bedAED 2M · Jan 2008
9022-bedAED 1.3M · Aug 2009
9033-bedAED 2.1M · Feb 2009

904, Shams 2 in numbers

  • Sold twice: first on 19 July 2007 for AED 990,000, last on 23 August 2023 for AED 1,730,000 (AED 1,341 per sqft).
  • Rented since October 2014 on 6 Ejari contracts, from AED 130,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 23,700 a year (AED 18.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2023.

Questions about 904, Shams 2

What did unit 904 last sell for?

AED 1,730,000 on 23 August 2023: AED 1,341 per sqft for 1,289 sqft. The unit has 2 registered sales; the first was AED 990,000 in July 2007.

What is the rent for unit 904?

AED 76,000 a year on the contract signed on 21 June 2021. The previous contract, from November 2020, was AED 76,000; the unit has been rented since October 2014.

How big is unit 904?

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 904 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 904, Shams 2

Starts from the last sale price (AED 1.73M, 23 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,000
Deposit, UAE resident (20%)
AED 346,000
Deposit, non-resident (40%)
AED 692,000
Monthly over 25 years at 3.7%
AED 7,078

Plus AED 77,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →