1-bed · 1,199 sqftShams 1, Jumeirah Beach Residence · 17th floor · completed 2007

1703, Shams 1

Sold prices and rental history: sold 4 times, last in March 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.64M4 March 2025
Current rentAED 160K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Shams 1

What is 1703 worth today?

Last sold for AED 1,640,000 in 2025

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20 Oct 2026RentedNew contract
AED 160,000/yr12 months · AED 133 per sqft
4 Mar 2025SoldReady
AED 1,640,000AED 1,368 per sqft
5 Jul 2023RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
5 Jul 2022RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
28 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
25 Dec 2018RentedNew contract
AED 88,000/yr12 months · AED 74 per sqft
18 Dec 2017RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
22 Sep 2016RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
1-bed apartment
Size
1,199 sqft
Floor
17th of 43
Parking
B32
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 1.64M · March 2025
Building
Shams 1

About 1703, Shams 1

1703 is a one-bedroom apartment of 1,199 sqft on the 17th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 March 2025 for AED 1,640,000, or AED 1,368 per sqft, in line with the AED 1,334 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 20 October 2026, is AED 160,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical one-bed in Shams 1
1M1.5M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 1,250,000; 2014 AED 1,662,500; 2015 AED 1,470,000; 2017 AED 1,375,000; 2018 AED 1,375,000; 2019 AED 1,600,000; 2021 AED 1,300,000; 2022 AED 1,450,000; 2023 AED 1,440,000; 2024 AED 1,590,000; 2025 AED 1,640,000; 2026 AED 1,710,000Sold by developer, September 2011: AED 1,069,182 (AED 891 per sqft)Sold, October 2013: AED 1,400,000 (AED 1,167 per sqft)Sold, March 2015: AED 1,660,000 (AED 1,384 per sqft)Sold, March 2025: AED 1,640,000 (AED 1,368 per sqft)

1703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, each contractTypical one-bed in Shams 1
50K100K150K2012201620202024Typical rent by year: 2012 AED 70,438; 2013 AED 102,500; 2014 AED 117,750; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,500; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 94,750; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 100,000New contract, September 2016: AED 100,000 a yearNew contract, December 2017: AED 95,000 a yearNew contract, December 2018: AED 88,000 a yearNew contract, October 2020: AED 55,000 a yearNew contract, July 2022: AED 85,000 a yearRenewal, July 2023: AED 85,000 a yearNew contract, October 2026: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shams 1, and where 1703 sits

All 84 1-beds →

1703 last sold in March 2025 at AED 1,368 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,334). Over the last 12 months one-beds sold for AED 900,000 to 3,500,000, around AED 1,426 per sqft, and rent for AED 80,000 to 167,000 a year. 1703's AED 160,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,300,000
5 Aug 20263,500,000
17 Apr 20261,570,150
6 Apr 20263,260,000
7 1-bed sales in the last 12 months

Shams 1

Building

309 apartments, 1-bed to 3-bed over 43 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 20 sold in the last 12 months.

Typical price per sqft
AED 1,497 Down 4.2%
Typical sale
AED 2.39M
Typical rent
AED 127K /yr
Typical yield
6.3%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 17th floor

All 309 units in Shams 1
Value
17013-bedAED 2.1M · Dec 2021
17023-bedAED 2.5M · Mar 2024
17041-bedAED 1.5M · Jan 2023
17051-bedAED 1.4M · Oct 2013
17061-bedAED 1.71M · Mar 2026
17073-bedAED 1.66M · Mar 2021
17083-bedAED 2.4M · Feb 2025

1703, Shams 1 in numbers

  • Sold 4 times: first on 19 September 2011 for AED 1,069,182, last on 4 March 2025 for AED 1,640,000 (AED 1,368 per sqft).
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2020 and recovered to AED 160,000 by October 2026.
  • At AED 160,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 18,000 a year (AED 15.02 per sqft).
  • One-beds in Shams 1 sold for AED 900,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,497 per sqft.

Source: Dubai Land Department. Updated 20 October 2026.

Questions about 1703, Shams 1

What did unit 1703 last sell for?

AED 1,640,000 on 4 March 2025: AED 1,368 per sqft for 1,199 sqft. The unit has 4 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 1703?

AED 160,000 a year on the contract signed on 20 October 2026. The previous contract, from July 2023, was AED 85,000; the unit has been rented since September 2016.

How big is unit 1703?

1,199 sqft (111.4 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2007.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 900,000 to 3,500,000 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 1703, Shams 1

Starts from the last sale price (AED 1.64M, 4 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,000
Deposit, UAE resident (20%)
AED 328,000
Deposit, non-resident (40%)
AED 656,000
Monthly over 25 years at 3.7%
AED 6,710

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →