2003, Shams 1
Sold prices and rental history: sold 4 times, last in September 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, Shams 1
What is 2003 worth today?
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Source: Dubai Land Department. Updated 11 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 20th of 43
- Parking
- B99
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.23M · September 2024
- Building
- Shams 1
About 2003, Shams 1
2003 is a two-bedroom apartment of 1,376 sqft on the 20th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 September 2024 for AED 2,225,000, or AED 1,617 per sqft, 4% below the AED 1,686 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 200,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 20,700 a year.
Sales and rents for 2003 over time
2003 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shams 1, and where 2003 sits
All 125 2-beds →2003 last sold in September 2024 at AED 1,617 per sqft, 4% below what two-beds in Shams 1 were fetching at the time (AED 1,686). Over the last 12 months two-beds sold for AED 1,950,000 to 4,326,857, around AED 1,562 per sqft, and rent for AED 68,200 to 200,000 a year. 2003's AED 200,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 1,376 sqft | 2,150,000 | 1,562 | ||
| 2 Sep 20262 September 2026 | 1,376 sqft | 2,100,000 | 1,526 | ||
| 3 Jul 20263 July 2026 | 1,274 sqft | 2,100,000 | 1,647 | ||
| 7 Apr 20267 April 2026 | 3,403 sqft | 4,326,857 | 1,271 |
Shams 1
Building309 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%
Other units on the 20th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 3-bed | 1,884 sqft | AED 2.55MAED 2,550,000 · Nov 2017November 2017 | ||
| 2002 | 3-bed | 1,884 sqft | AED 811KAED 811,000 · May 2021May 2021 | 115,000 /yr | |
| 2004 | 2-bed | 1,376 sqft | AED 1.8MAED 1,800,000 · Jul 2017July 2017 | ||
| 2005 | 2-bed | 1,376 sqft | AED 2.14MAED 2,140,000 · May 2014May 2014 | 127,339 /yr | |
| 2006 | 2-bed | 1,376 sqft | AED 2.15MAED 2,150,000 · Sep 2025September 2025 | 145,000 /yr | |
| 2007 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Nov 2024November 2024 | 160,000 /yr | |
| 2008 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Apr 2024April 2024 | 180,000 /yr |
2003, Shams 1 in numbers
- Sold 4 times: first on 19 September 2011 for AED 1,069,182, last on 11 September 2024 for AED 2,225,000 (AED 1,617 per sqft).
- Rented since November 2022 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 20,700 a year (AED 15.02 per sqft).
- Two-beds in Shams 1 sold for AED 1,950,000–4,326,857 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 11 September 2024.
Questions about 2003, Shams 1
What did unit 2003 last sell for?
AED 2,225,000 on 11 September 2024: AED 1,617 per sqft for 1,376 sqft. The unit has 4 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 2003?
AED 200,000 a year on the contract signed on 1 November 2022.
How big is unit 2003?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 20th floor of a 43-storey tower completed in 2007.
What is unit 2003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 1 sold for AED 1,950,000 to 4,326,857 in the last 12 months, around AED 1,562 per sqft.
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Mortgage on 2003, Shams 1
Starts from the last sale price (AED 2.23M, 11 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,225,000
- Deposit, UAE resident (20%)
- AED 445,000
- Deposit, non-resident (40%)
- AED 890,000
- Monthly over 25 years at 3.7%
- AED 9,103
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →