2508, Shams 1
Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2508, Shams 1
What is 2508 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 25th of 43
- Parking
- G51/ G52
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.89M · May 2014
- Building
- Shams 1
About 2508, Shams 1
2508 is a three-bedroom apartment of 1,884 sqft on the 25th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 May 2014 for AED 2,890,000, or AED 1,533 per sqft, 21% above the AED 1,268 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 85,000 a year: a gross yield of 2.9% on the 2014 price, before the service charge of about AED 28,300 a year.
Sales and rents for 2508 over time
2508 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shams 1, and where 2508 sits
All 104 3-beds →2508 last sold in May 2014 at AED 1,533 per sqft, 21% above what three-beds in Shams 1 were fetching at the time (AED 1,268). Over the last 12 months three-beds sold for AED 2,500,000 to 2,935,000, around AED 1,461 per sqft, and rent for AED 145,000 to 250,000 a year. 2508's AED 85,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,884 sqft | 2,825,000 | 1,499 | ||
| 3 Jun 20263 June 2026 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 21 May 202621 May 2026 | 1,884 sqft | 2,580,000 | 1,369 | ||
| 15 May 202615 May 2026 | 1,884 sqft | 2,900,000 | 1,539 |
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 25th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 1,884 sqft | AED 2.25MAED 2,250,000 · Jun 2022June 2022 | 190,000 /yr | |
| 2502 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jul 2024July 2024 | 160,000 /yr | |
| 2503 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · Sep 2022September 2022 | ||
| 2504 | 2-bed | 1,376 sqft | AED 2.11MAED 2,111,900 · Dec 2013December 2013 | 137,500 /yr | |
| 2505 | 2-bed | 1,376 sqft | AED 1.78MAED 1,775,000 · Dec 2013December 2013 | 140,000 /yr | |
| 2506 | 2-bed | 1,376 sqft | AED 2.05MAED 2,050,000 · May 2024May 2024 | 120,000 /yr | |
| 2507 | 3-bed | 1,884 sqft | AED 2.83MAED 2,825,000 · Mar 2014March 2014 | 200,000 /yr |
2508, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 1 May 2014 for AED 2,890,000 (AED 1,533 per sqft).
- Rented since April 2012 on 14 Ejari contracts, from AED 105,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2014 price is 2.9%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
- Three-beds in Shams 1 sold for AED 2,500,000–2,935,000 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 1 September 2024.
Questions about 2508, Shams 1
What did unit 2508 last sell for?
AED 2,890,000 on 1 May 2014: AED 1,533 per sqft for 1,884 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 2508?
AED 85,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 85,000; the unit has been rented since April 2012.
How big is unit 2508?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 25th floor of a 43-storey tower completed in 2007.
What is unit 2508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 1 sold for AED 2,500,000 to 2,935,000 in the last 12 months, around AED 1,461 per sqft.
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Mortgage on 2508, Shams 1
Starts from the last sale price (AED 2.89M, 1 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,890,000
- Deposit, UAE resident (20%)
- AED 578,000
- Deposit, non-resident (40%)
- AED 1,156,000
- Monthly over 25 years at 3.7%
- AED 11,824
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →