Building · Transactions · 2024

Shams 2 Property Transactions 2024

7 property sales worth ⃃ 21.89M were registered in Shams 2 in 2024, 46.2% lower than 2023 by number of sales. The median sale price was ⃃ 2,180,000 and the median price per square foot ⃃ 1,572 (+4.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 7 salesUpdated: 12 Nov 2026
Property sales
7
−46.2% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 21.89M
−38.9% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,180,000
+5.8% vs 2023
7 sales
Median price per sq ft
⃃ 1,572
+4.0% vs 2023
7 sales

What types of property sold in Shams 2 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments7100%⃃ 21.89M⃃ 2,180,000⃃ 1,572

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)342.9%⃃ 5.76M⃃ 2,050,000⃃ 1,550
Resale (secondary)457.1%⃃ 16.13M⃃ 2,625,000⃃ 1,717
Ready7100%⃃ 21.89M⃃ 2,180,000⃃ 1,572

How many rental contracts were registered in Shams 2 in 2024?

89 rental contracts (new and renewed) were registered in Shams 2 in 2024, at a median annual rent of ⃃ 140,000 (+12.0% on 2023). Rental yields in Shams 2

What were the most expensive property sales in Shams 2 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/11/2024Shams 24 beds · Apartment5,636 sq ft⃃ 8,858,500Resale · Ready
12/08/2024Shams 22 beds · Apartment1,323 sq ft⃃ 2,850,000Resale · Ready
13/09/2024Shams 22 beds · Apartment1,289 sq ft⃃ 2,400,000Resale · Ready
01/11/2024Shams 22 beds · Apartment1,323 sq ft⃃ 2,180,000Primary · Ready
04/03/2024Shams 22 beds · Apartment1,323 sq ft⃃ 2,050,000Primary · Ready
31/07/2024Shams 22 beds · Apartment1,289 sq ft⃃ 2,020,000Resale · Ready
05/03/2024Shams 21 bed · Apartment1,297 sq ft⃃ 1,533,000Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
12/11/2024Shams 24 beds · Apartment5,636 sq ft⃃ 8,858,500Resale · Ready
01/11/2024Shams 22 beds · Apartment1,323 sq ft⃃ 2,180,000Primary · Ready
13/09/2024Shams 22 beds · Apartment1,289 sq ft⃃ 2,400,000Resale · Ready
12/08/2024Shams 22 beds · Apartment1,323 sq ft⃃ 2,850,000Resale · Ready
31/07/2024Shams 22 beds · Apartment1,289 sq ft⃃ 2,020,000Resale · Ready
05/03/2024Shams 21 bed · Apartment1,297 sq ft⃃ 1,533,000Primary · Ready
04/03/2024Shams 22 beds · Apartment1,323 sq ft⃃ 2,050,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/shams-2/2024
Shams 2 Property Transactions 2024. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/shams-2/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Shams 2 in 2024?
7 property sales worth ⃃ 21,891,500 were registered in Shams 2 in 2024. That is 46.2% lower than 2023.
What was the median property price in Shams 2 in 2024?
The median sale price was ⃃ 2,180,000 and the median price per square foot ⃃ 1,572 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Shams 2 were off-plan or from developers?
Developer (primary) sales were 42.9% of the 7 sales and resales 57.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/shams-2/2024