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3-bed · 1,991 sqftShams 2, Jumeirah Beach Residence · 8th floor · completed 2007

803, Shams 2

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 16 June 2022
Last soldAED 1.97M16 June 2022
Current rentAED 111K /yr20 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Shams 2

What is 803 worth today?

Last sold for AED 1,974,656 in 2022

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16 Jun 2022SoldReady
AED 1,974,656AED 992 per sqft
20 Jul 2020RentedRenewal
AED 110,769/yr13 months · AED 56 per sqft
20 Jul 2019RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
27 Mar 2015RentedNew contract
AED 190,000/yr12 months · AED 95 per sqft
27 Mar 2014RentedNew contract
AED 185,000/yr12 months · AED 93 per sqft
10 Apr 2008SoldReady
AED 1,350,000AED 678 per sqft
27 Jan 2008Sold by developerReady
AED 1,560,000AED 783 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
3-bed apartment
Size
1,991 sqft
Floor
8th of 41
Parking
M199,M200
Developer
Dubai Properties
Completed
2007
Service charge
AED 36,600 /yr
Last sold
AED 1.97M · June 2022
Building
Shams 2

About 803, Shams 2

803 is a three-bedroom apartment of 1,991 sqft on the 8th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 June 2022 for AED 1,974,656, or AED 992 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 20 July 2020, is AED 110,769 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 36,600 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical three-bed in Shams 2
2M2007201220172022Typical sale price by year: 2007 AED 1,655,000; 2008 AED 1,655,000; 2009 AED 2,123,338; 2012 AED 1,700,000; 2014 AED 2,690,000; 2022 AED 1,974,656; 2023 AED 2,140,000; 2025 AED 2,600,000Sold by developer, January 2008: AED 1,560,000 (AED 783 per sqft)Sold, April 2008: AED 1,350,000 (AED 678 per sqft)Sold, June 2022: AED 1,974,656 (AED 992 per sqft)

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

Rents
Unit 803, each contractTypical three-bed in Shams 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 120,375; 2014 AED 145,000; 2015 AED 152,748; 2016 AED 150,000; 2017 AED 150,000; 2018 AED 138,000; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 92,000; 2022 AED 122,666; 2023 AED 137,500; 2024 AED 152,500; 2025 AED 160,000; 2026 AED 147,000New contract, March 2014: AED 185,000 a yearNew contract, March 2015: AED 190,000 a yearNew contract, July 2019: AED 120,000 a yearRenewal, July 2020: AED 110,769 a year

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 803 sits

All 44 3-beds →

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. 803's AED 110,769 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20262,744,446
1 Sep 20262,430,000
18 Nov 20252,600,000
1 Oct 20252,600,000
3 3-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 8th floor

All 154 units in Shams 2
Value
8013-bedAED 2.43M · Sep 2026
8022-bedAED 1.5M · Mar 2008
8042-bedAED 1.75M · Oct 2016

803, Shams 2 in numbers

  • Sold 3 times: first on 27 January 2008 for AED 1,560,000, last on 16 June 2022 for AED 1,974,656 (AED 992 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 185,000 to AED 110,769 a year.
  • At AED 110,769 a year the gross yield on the 2022 price is 5.6%, 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 16 June 2022.

Questions about 803, Shams 2

What did unit 803 last sell for?

AED 1,974,656 on 16 June 2022: AED 992 per sqft for 1,991 sqft. The unit has 3 registered sales; the first was AED 1,560,000 in January 2008.

What is the rent for unit 803?

AED 110,769 a year on the contract renewed on 20 July 2020. The previous contract, from July 2019, was AED 120,000; the unit has been rented since March 2014.

How big is unit 803?

1,991 sqft (185.0 sqm): a three-bedroom apartment on the 8th floor of a 41-storey tower completed in 2007.

What is unit 803 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 803, Shams 2

Starts from the last sale price (AED 1.97M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,974,656
Deposit, UAE resident (20%)
AED 394,931
Deposit, non-resident (40%)
AED 789,862
Monthly over 25 years at 3.7%
AED 8,079

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