2303, Shams 1
Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Shams 1
What is 2303 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 23rd of 43
- Parking
- M07
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.5M · May 2024
- Building
- Shams 1
About 2303, Shams 1
2303 is a two-bedroom apartment of 1,376 sqft on the 23rd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 May 2024 for AED 2,500,000, or AED 1,817 per sqft, 8% above the AED 1,686 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2303 over time
2303 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shams 1, and where 2303 sits
All 104 2-beds →2303 last sold in May 2024 at AED 1,817 per sqft, 8% above what two-beds in Shams 1 were fetching at the time (AED 1,686). Over the last 12 months two-beds sold for AED 2,350,000 to 2,420,000, around AED 1,734 per sqft, and rent for AED 127,339 to 160,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,376 sqft | 2,420,000 | 1,759 | ||
| 24 Jul 202524 July 2025 | 1,376 sqft | 2,450,000 | 1,780 | ||
| 28 May 202528 May 2025 | 1,376 sqft | 4,100,000 | 2,980 | ||
| 15 May 202515 May 2025 | 1,274 sqft | 2,350,000 | 1,843 |
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 23rd floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1,884 sqft | AED 2.4MAED 2,400,000 · Nov 2023November 2023 | 145,000 /yr | ||
| 2302 | 3-bed | 1,884 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 140,000 /yr | |
| 2304 | 2-bed | 1,376 sqft | AED 2.35MAED 2,350,000 · Apr 2024April 2024 | 100,000 /yr | |
| 2305 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · May 2023May 2023 | ||
| 2306 | 2-bed | 1,376 sqft | AED 948KAED 947,500 · Aug 2017August 2017 | 141,750 /yr | |
| 2307 | 1,884 sqft | AED 2.68MAED 2,680,000 · Feb 2026February 2026 | 173,250 /yr | ||
| 2308 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | 173,250 /yr |
2303, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 20 May 2024 for AED 2,500,000 (AED 1,817 per sqft).
- Two-beds in Shams 1 sold for AED 2,350,000–2,420,000 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 20 May 2024.
Questions about 2303, Shams 1
What did unit 2303 last sell for?
AED 2,500,000 on 20 May 2024: AED 1,817 per sqft for 1,376 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
How big is unit 2303?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2007.
What is unit 2303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 1 sold for AED 2,350,000 to 2,420,000 in the last 12 months, around AED 1,734 per sqft.
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Mortgage on 2303, Shams 1
Starts from the last sale price (AED 2.5M, 20 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →