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2-bed · 1,376 sqftShams 1, Jumeirah Beach Residence · 23rd floor · completed 2007

2303, Shams 1

Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 2.5M20 May 2024
Current rentAED 200K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2303, Shams 1

What is 2303 worth today?

Last sold for AED 2,500,000 in 2024

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25 Sep 2026RentedNew contract
AED 200,000/yr24 months · AED 145 per sqft
20 May 2024SoldReady
AED 2,500,000AED 1,817 per sqft
13 Sep 2017SoldReady
AED 1,750,000AED 1,272 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 777 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
23rd of 43
Parking
M07
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.5M · May 2024
Building
Shams 1

About 2303, Shams 1

2303 is a two-bedroom apartment of 1,376 sqft on the 23rd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 May 2024 for AED 2,500,000, or AED 1,817 per sqft, 8% above the AED 1,686 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2026. The current contract, signed on 25 September 2026, is AED 200,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical two-bed in Shams 1
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,111,900; 2014 AED 2,175,000; 2017 AED 1,850,000; 2018 AED 2,000,000; 2019 AED 2,200,000; 2021 AED 1,730,000; 2022 AED 1,775,000; 2023 AED 2,062,500; 2024 AED 2,212,500; 2025 AED 2,325,000; 2026 AED 2,125,000Sold by developer, September 2011: AED 1,069,182 (AED 777 per sqft)Sold, September 2017: AED 1,750,000 (AED 1,272 per sqft)Sold, May 2024: AED 2,500,000 (AED 1,817 per sqft)

2303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in Shams 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 94,500; 2014 AED 155,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 95,625; 2022 AED 127,500; 2023 AED 142,500; 2024 AED 149,100; 2025 AED 147,000; 2026 AED 120,000New contract, September 2026: AED 200,000 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 1, and where 2303 sits

All 125 2-beds →

2303 last sold in May 2024 at AED 1,817 per sqft, 8% above 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. 2303's AED 200,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20262,150,000
2 Sep 20262,100,000
3 Jul 20262,100,000
7 Apr 20264,326,857
7 2-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 23rd floor

All 309 units in Shams 1
Value
23013-bedAED 2.4M · Nov 2023
23023-bedAED 2.2M · Jun 2023
23042-bedAED 2.35M · Apr 2024
23052-bedAED 1.85M · May 2023
23062-bedAED 948K · Aug 2017
23073-bedAED 2.68M · Feb 2026
23083-bedAED 2.83M · Oct 2026

2303, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 20 May 2024 for AED 2,500,000 (AED 1,817 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 8.0%, 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 25 September 2026.

Questions about 2303, Shams 1

What did unit 2303 last sell for?

AED 2,500,000 on 20 May 2024: AED 1,817 per sqft for 1,376 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 2303?

AED 200,000 a year on the contract signed on 25 September 2026.

How big is unit 2303?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2007.

What is unit 2303 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 2303, Shams 1

Starts from the last sale price (AED 2.5M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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