2-bed · 1,323 sqftShams 2, Jumeirah Beach Residence · 35th floor · completed 2007

3503, Shams 2

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.18M27 October 2010
Current rentAED 130K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Shams 2

What is 3503 worth today?

Last sold for AED 1,175,000 in 2010

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1 Jan 2026RentedRenewal
AED 130,000/yr12 months · AED 98 per sqft
30 Sep 2024RentedNew contract
AED 122,943/yr15 months · AED 93 per sqft
25 Feb 2023RentedRenewal
AED 96,800/yr12 months · AED 73 per sqft
25 Feb 2022RentedRenewal
AED 88,000/yr12 months · AED 67 per sqft
25 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 60 per sqft
25 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft
18 Oct 2018RentedNew contract
AED 116,150/yr12 months · AED 88 per sqft
18 Oct 2017RentedNew contract
AED 115,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
35th of 41
Parking
M173
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.18M · October 2010
Building
Shams 2

About 3503, Shams 2

3503 is a two-bedroom apartment of 1,323 sqft on the 35th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 October 2010 for AED 1,175,000, or AED 888 per sqft, in line with the AED 892 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 130,000 a year: a gross yield of 11.1% on the 2010 price, before the service charge of about AED 24,300 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, each saleTypical two-bed in Shams 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 1,075,000; 2008 AED 1,650,000; 2009 AED 1,300,000; 2010 AED 1,175,000; 2011 AED 1,200,000; 2012 AED 1,440,000; 2013 AED 1,700,000; 2014 AED 2,200,000; 2015 AED 1,850,000; 2017 AED 1,870,000; 2018 AED 1,575,000; 2019 AED 1,400,000; 2020 AED 1,075,000; 2021 AED 1,350,000; 2022 AED 1,650,000; 2023 AED 2,000,000; 2024 AED 2,180,000; 2025 AED 2,300,000; 2026 AED 2,400,000Sold by developer, October 2010: AED 1,175,000 (AED 888 per sqft)

3503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3503, each contractTypical two-bed in Shams 2
100K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 133,313; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 126,500; 2025 AED 135,596; 2026 AED 125,875New contract, September 2016: AED 130,000 a yearNew contract, October 2017: AED 115,000 a yearNew contract, October 2018: AED 116,150 a yearNew contract, February 2020: AED 90,000 a yearRenewal, February 2021: AED 80,000 a yearRenewal, February 2022: AED 88,000 a yearRenewal, February 2023: AED 96,800 a yearNew contract, September 2024: AED 122,943 a yearRenewal, January 2026: AED 130,000 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 2, and where 3503 sits

All 103 2-beds →

3503 last sold in October 2010 at AED 888 per sqft, in line with what two-beds in Shams 2 were fetching at the time (AED 892). Over the last 12 months two-beds sold for AED 1,750,000 to 2,850,000, around AED 1,861 per sqft, and rent for AED 100,000 to 250,000 a year. 3503's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,925,000
2 Nov 20262,500,000
16 Oct 20261,750,000
22 Sep 20262,500,000
11 2-bed sales in the last 12 months

Shams 2

Building

154 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%
Shams 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 35th floor

All 154 units in Shams 2
Value
35012-bedAED 1.4M · Aug 2019
35022-bedAED 1.05M · Sep 2007
35042-bedAED 1.5M · Jan 2008

3503, Shams 2 in numbers

  • Sold once: by Dubai Properties on 27 October 2010 for AED 1,175,000, or AED 888 per sqft.
  • Rented since September 2016 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 130,000 by January 2026.
  • At AED 130,000 a year the gross yield on the 2010 price is 11.1%, before a service charge of about AED 24,300 a year (AED 18.38 per sqft).
  • Two-beds in Shams 2 sold for AED 1,750,000–2,850,000 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 January 2026.

Questions about 3503, Shams 2

What did unit 3503 last sell for?

AED 1,175,000 on 27 October 2010, sold by the developer: AED 888 per sqft for 1,323 sqft. It is the only registered sale of the unit.

What is the rent for unit 3503?

AED 130,000 a year on the contract renewed on 1 January 2026. The previous contract, from September 2024, was AED 122,943; the unit has been rented since September 2016.

How big is unit 3503?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 35th floor of a 41-storey tower completed in 2007.

What is unit 3503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 2 sold for AED 1,750,000 to 2,850,000 in the last 12 months, around AED 1,861 per sqft.

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Mortgage on 3503, Shams 2

Starts from the last sale price (AED 1.18M, 27 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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