1003, Shams 2
Sold prices and rental history: sold 5 times, last in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Shams 2
What is 1003 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,991 sqft
- Floor
- 10th of 41
- Parking
- M179,M180
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,600 /yr
- Last sold
- AED 1.9M · October 2012
- Building
- Shams 2
About 1003, Shams 2
1003 is a three-bedroom apartment of 1,991 sqft on the 10th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 October 2012 for AED 1,900,000, or AED 954 per sqft, 13% above the AED 844 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 25 February 2025, is AED 200,000 a year: a gross yield of 10.5% on the 2012 price, before the service charge of about AED 36,600 a year.
Sales and rents for 1003 over time
1003 has sold 5 times; 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 2, and where 1003 sits
All 44 3-beds →1003 last sold in October 2012 at AED 954 per sqft, 13% above what three-beds in Shams 2 were fetching at the time (AED 844). Over the last 12 months three-beds sold for AED 2,430,000 to 2,744,446, around AED 1,306 per sqft, and rent for AED 95,000 to 200,000 a year. 1003's AED 200,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,991 sqft | 2,744,446 | 1,378 | ||
| 1 Sep 20261 September 2026 | 1,991 sqft | 2,430,000 | 1,220 | ||
| 18 Nov 202518 November 2025 | 1,991 sqft | 2,600,000 | 1,306 | ||
| 1 Oct 20251 October 2025 | 1,991 sqft | 2,600,000 | 1,306 |
Shams 2
Building154 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,551 Down 1.8%
- Typical sale
- AED 2.43M
- Typical rent
- AED 135K /yr
- Typical yield
- 5.8%
Other units on the 10th floor
All 154 units in Shams 21003, Shams 2 in numbers
- Sold 5 times: first on 13 September 2007 for AED 1,655,000, last on 4 October 2012 for AED 1,900,000 (AED 954 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 105,000 in 2021 and recovered to AED 200,000 by February 2025.
- At AED 200,000 a year the gross yield on the 2012 price is 10.5%, before a service charge of about AED 36,600 a year (AED 18.38 per sqft).
- Three-beds in Shams 2 sold for AED 2,430,000–2,744,446 in the 12 months to November 2026; the building's median across all types is AED 1,551 per sqft.
Source: Dubai Land Department. Updated 25 February 2025.
Questions about 1003, Shams 2
What did unit 1003 last sell for?
AED 1,900,000 on 4 October 2012: AED 954 per sqft for 1,991 sqft. The unit has 5 registered sales; the first was AED 1,655,000 in September 2007.
What is the rent for unit 1003?
AED 200,000 a year on the contract signed on 25 February 2025. The previous contract, from February 2025, was AED 200,000; the unit has been rented since February 2014.
How big is unit 1003?
1,991 sqft (185.0 sqm): a three-bedroom apartment on the 10th floor of a 41-storey tower completed in 2007.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 2 sold for AED 2,430,000 to 2,744,446 in the last 12 months, around AED 1,306 per sqft.
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Mortgage on 1003, Shams 2
Starts from the last sale price (AED 1.9M, 4 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →