1503, Shams 2
Sold prices and rental history: sold once, by the developer in June 2007, 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 1503, Shams 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,991 sqft
- Floor
- 15th of 41
- Parking
- G121,G122
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,600 /yr
- Last sold
- AED 1.66M · June 2007
- Building
- Shams 2
About 1503, Shams 2
1503 is a three-bedroom apartment of 1,991 sqft on the 15th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 June 2007 for AED 1,655,000, or AED 831 per sqft, in line with the AED 831 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 185,000 a year: a gross yield of 11.2% on the 2007 price, before the service charge of about AED 36,600 a year.
Sales and rents for 1503 over time
1503 has sold once; 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 1503 sits
All 44 3-beds →1503 last sold in June 2007 at AED 831 per sqft, in line with what three-beds in Shams 2 were fetching at the time (AED 831). 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. 1503's AED 185,000 is in the upper half 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 15th floor
All 154 units in Shams 21503, Shams 2 in numbers
- Sold once: by Dubai Properties on 25 June 2007 for AED 1,655,000, or AED 831 per sqft.
- Rented since December 2012 on 15 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2021 and recovered to AED 185,000 by August 2025.
- At AED 185,000 a year the gross yield on the 2007 price is 11.2%, 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 1 August 2025.
Questions about 1503, Shams 2
What did unit 1503 last sell for?
AED 1,655,000 on 25 June 2007, sold by the developer: AED 831 per sqft for 1,991 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 185,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2025, was AED 170,000; the unit has been rented since December 2012.
How big is unit 1503?
1,991 sqft (185.0 sqm): a three-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1503 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 1503, Shams 2
Starts from the last sale price (AED 1.66M, 25 June 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,655,000
- Deposit, UAE resident (20%)
- AED 331,000
- Deposit, non-resident (40%)
- AED 662,000
- Monthly over 25 years at 3.7%
- AED 6,771
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →