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2-bed · 1,397 sqftShams 2, Jumeirah Beach Residence · completed 2007

UP-02, Shams 2

Sold prices and rental history: sold twice, last in October 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP-02 · DLD and Ejari recordsUpdated 6 August 2025
Last soldAED 1.4M2 October 2007
Current rentAED 155K /yr6 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP-02, Shams 2

What is UP-02 worth today?

Last sold for AED 1,400,000 in 2007

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6 Aug 2025RentedRenewal
AED 155,002/yr4 months · AED 111 per sqft
6 Aug 2024RentedNew contract
AED 155,000/yr12 months · AED 111 per sqft
1 Aug 2023RentedRenewal
AED 86,500/yr12 months · AED 62 per sqft
1 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
1 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 50 per sqft
1 Aug 2019RentedNew contract
AED 87,000/yr12 months · AED 62 per sqft
17 Apr 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
1 Dec 2016RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft

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

Key facts

Type
2-bed apartment
Size
1,397 sqft
Parking
B308
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,700 /yr
Last sold
AED 1.4M · October 2007
Building
Shams 2

About UP-02, Shams 2

UP-02 is a two-bedroom apartment of 1,397 sqft 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 1,400,000, or AED 1,002 per sqft, 23% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 6 August 2025, is AED 155,002 a year: a gross yield of 11.1% on the 2007 price, before the service charge of about AED 25,700 a year.

Sales and rents for UP-02 over time

Sales
Unit UP-02, 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, September 2007: AED 1,075,000 (AED 769 per sqft)Sold, October 2007: AED 1,400,000 (AED 1,002 per sqft)

UP-02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit UP-02, each contractTypical two-bed in Shams 2
100K150K2012201620202024Typical 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 2016: AED 105,000 a yearNew contract, April 2018: AED 100,000 a yearNew contract, August 2019: AED 87,000 a yearRenewal, August 2021: AED 70,000 a yearRenewal, August 2022: AED 80,000 a yearRenewal, August 2023: AED 86,500 a yearNew contract, August 2024: AED 155,000 a yearRenewal, August 2025: AED 155,002 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 UP-02 sits

All 97 2-beds →

UP-02 last sold in October 2007 at AED 1,002 per sqft, 23% above what two-beds in Shams 2 were fetching at the time (AED 814). UP-02's AED 155,002 is in the upper 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 →

UP-02, Shams 2 in numbers

  • Sold twice: first on 11 September 2007 for AED 1,075,000, last on 2 October 2007 for AED 1,400,000 (AED 1,002 per sqft).
  • Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 155,002 by August 2025.
  • At AED 155,002 a year the gross yield on the 2007 price is 11.1%, before a service charge of about AED 25,700 a year (AED 18.38 per sqft).

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

Questions about UP-02, Shams 2

What did unit UP-02 last sell for?

AED 1,400,000 on 2 October 2007: AED 1,002 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in September 2007.

What is the rent for unit UP-02?

AED 155,002 a year on the contract renewed on 6 August 2025. The previous contract, from August 2024, was AED 155,000; the unit has been rented since December 2016.

How big is unit UP-02?

1,397 sqft (129.8 sqm): a two-bedroom apartment of a 41-storey tower completed in 2007.

What is unit UP-02 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 UP-02, Shams 2

Starts from the last sale price (AED 1.4M, 2 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →