2-bed · 1,376 sqftShams 1, Jumeirah Beach Residence · 26th floor · completed 2007

2603, Shams 1

Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 27 August 2025
Last soldAED 2M27 August 2025
Current rentAED 115K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Shams 1

What is 2603 worth today?

Last sold for AED 2,000,000 in 2025

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27 Aug 2025SoldReady
AED 2,000,000AED 1,453 per sqft
20 Sep 2021RentedNew contract
AED 115,000/yr6 months · AED 83 per sqft
1 Sep 2018RentedRenewal
AED 115,385/yr13 months · AED 84 per sqft
1 Sep 2017RentedRenewal
AED 125,000/yr12 months · AED 91 per sqft
1 Sep 2016RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
12 Jun 2014RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
27 Mar 2014SoldReady
AED 2,325,000AED 1,689 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 777 per sqft

Source: Dubai Land Department. Updated 27 August 2025.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
26th of 43
Parking
M01
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2M · August 2025
Building
Shams 1

About 2603, Shams 1

2603 is a two-bedroom apartment of 1,376 sqft on the 26th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 August 2025 for AED 2,000,000, or AED 1,453 per sqft, 18% below the AED 1,780 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 September 2021, is AED 115,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, March 2014: AED 2,325,000 (AED 1,689 per sqft)Sold, August 2025: AED 2,000,000 (AED 1,453 per sqft)

2603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, each contractTypical two-bed in Shams 1
100K150K2012201620202024Typical 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, June 2014: AED 140,000 a yearNew contract, September 2016: AED 125,000 a yearRenewal, September 2017: AED 125,000 a yearRenewal, September 2018: AED 115,385 a yearNew contract, September 2021: AED 115,000 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 2603 sits

All 125 2-beds →

2603 last sold in August 2025 at AED 1,453 per sqft, 18% below what two-beds in Shams 1 were fetching at the time (AED 1,780). 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. 2603's AED 115,000 is in the lower half 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 26th floor

All 309 units in Shams 1
Value
26013-bedAED 1.95M · Aug 2021
26023-bedAED 2.13M · Jul 2022
26042-bedAED 2.05M · Jan 2025
26052-bedAED 1.23M · Feb 2020
26062-bedAED 2.05M · Jan 2025
26073-bedAED 1.9M · Jun 2021
26083-bedAED 2.39M · Oct 2023

2603, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 27 August 2025 for AED 2,000,000 (AED 1,453 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, from AED 140,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2025 price is 5.8%, 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 27 August 2025.

Questions about 2603, Shams 1

What did unit 2603 last sell for?

AED 2,000,000 on 27 August 2025: AED 1,453 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 2603?

AED 115,000 a year on the contract signed on 20 September 2021. The previous contract, from September 2018, was AED 115,385; the unit has been rented since June 2014.

How big is unit 2603?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 26th floor of a 43-storey tower completed in 2007.

What is unit 2603 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 2603, Shams 1

Starts from the last sale price (AED 2M, 27 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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