203, Shams 1
Sold prices and rental history: sold twice, last in October 2013, 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 203, Shams 1
What is 203 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 2nd of 43
- Parking
- B153
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.18M · October 2013
- Building
- Shams 1
About 203, Shams 1
203 is a one-bedroom apartment of 1,182 sqft on the 2nd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 October 2013 for AED 1,175,000, or AED 994 per sqft, 6% below the AED 1,057 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 6 October 2024, is AED 95,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 17,800 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shams 1, and where 203 sits
All 81 1-beds →203 last sold in October 2013 at AED 994 per sqft, 6% below what one-beds in Shams 1 were fetching at the time (AED 1,057). Over the last 12 months one-beds sold for AED 1,775,000, around AED 1,501 per sqft, and rent for AED 92,000 to 145,171 a year. 203's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,182 sqft | 1,775,000 | 1,501 | ||
| 8 May 20258 May 2025 | 485 sqft | 1,480,387 | 3,054 | ||
| 24 Apr 202524 April 2025 | 1,182 sqft | 1,600,000 | 1,353 | ||
| 24 Mar 202524 March 2025 | 1,342 sqft | 1,642,322 | 1,224 |
Shams 1
Building309 apartments, 1-bed to 3-bed over 43 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,605
- Typical sale
- AED 2.39M
- Typical rent
- AED 145K /yr
- Typical yield
- 6.3%
Other units on the 2nd floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,884 sqft | AED 2.78MAED 2,780,000 · Jun 2014June 2014 | 205,000 /yr | |
| 202 | 3-bed | 1,884 sqft | AED 2.4MAED 2,396,100 · Dec 2013December 2013 | 132,000 /yr | |
| 204 | 1-bed | 1,182 sqft | AED 1.67MAED 1,670,000 · Nov 2014November 2014 | ||
| 205 | 1-bed | 1,182 sqft | AED 1.53MAED 1,525,000 · Feb 2025February 2025 | 88,200 /yr | |
| 206 | 1-bed | 1,182 sqft | AED 1.35MAED 1,350,000 · Feb 2018February 2018 | 95,000 /yr | |
| 207 | 3-bed | 1,884 sqft | AED 2.05MAED 2,050,000 · May 2023May 2023 | 148,500 /yr | |
| 208 | 3-bed | 1,884 sqft | AED 2.33MAED 2,325,000 · Sep 2024September 2024 | 145,000 /yr |
203, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 8 October 2013 for AED 1,175,000 (AED 994 per sqft).
- Rented since January 2014 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 78,900 in 2020 and recovered to AED 95,000 by October 2024.
- At AED 95,000 a year the gross yield on the 2013 price is 8.1%, before a service charge of about AED 17,800 a year (AED 15.02 per sqft).
- One-beds in Shams 1 sold for AED 1,775,000–1,775,000 in the 12 months to November 2026; the building's median across all types is AED 1,605 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2024.
Questions about 203, Shams 1
What did unit 203 last sell for?
AED 1,175,000 on 8 October 2013: AED 994 per sqft for 1,182 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 203?
AED 95,000 a year on the contract signed on 6 October 2024. The previous contract, from April 2023, was AED 125,000; the unit has been rented since January 2014.
How big is unit 203?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 2nd floor of a 43-storey tower completed in 2007.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 1,775,000 to 1,775,000 in the last 12 months, around AED 1,501 per sqft.
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Mortgage on 203, Shams 1
Starts from the last sale price (AED 1.18M, 8 October 2013). 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 AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →