2403, Shams 1
Sold prices and rental history: sold twice, last in March 2014, 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 2403, Shams 1
What is 2403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 24th of 43
- Parking
- M05
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.18M · March 2014
- Building
- Shams 1
About 2403, Shams 1
2403 is a two-bedroom apartment of 1,376 sqft on the 24th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 March 2014 for AED 2,175,000, or AED 1,580 per sqft, in line with the AED 1,535 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 14 March 2025, is AED 140,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 20,700 a year.
Sales and rents for 2403 over time
2403 has sold twice; 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 2403 sits
All 104 2-beds →2403 last sold in March 2014 at AED 1,580 per sqft, in line with what two-beds in Shams 1 were fetching at the time (AED 1,535). 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. 2403's AED 140,000 is in the lower half of that range.
| 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 24th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,884 sqft | AED 2.4MAED 2,400,000 · Nov 2023November 2023 | 145,000 /yr | |
| 2402 | 1,884 sqft | AED 2.08MAED 2,075,000 · Nov 2021November 2021 | 115,000 /yr | ||
| 2404 | 2-bed | 1,376 sqft | AED 1.55MAED 1,550,000 · Sep 2021September 2021 | 145,000 /yr | |
| 2405 | 2-bed | 1,376 sqft | AED 1.76MAED 1,760,000 · Nov 2017November 2017 | 140,000 /yr | |
| 2406 | 2-bed | 1,376 sqft | AED 1.55MAED 1,550,000 · Sep 2021September 2021 | 145,000 /yr | |
| 2407 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | 220,000 /yr | |
| 2408 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · May 2024May 2024 | 173,250 /yr |
2403, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 27 March 2014 for AED 2,175,000 (AED 1,580 per sqft).
- Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 13,000 in 2017 and recovered to AED 140,000 by March 2025.
- At AED 140,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 20,700 a year (AED 15.02 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 14 March 2025.
Questions about 2403, Shams 1
What did unit 2403 last sell for?
AED 2,175,000 on 27 March 2014: AED 1,580 per sqft for 1,376 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 2403?
AED 140,000 a year on the contract renewed on 14 March 2025. The previous contract, from March 2024, was AED 140,000; the unit has been rented since July 2014.
How big is unit 2403?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 24th floor of a 43-storey tower completed in 2007.
What is unit 2403 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 2403, Shams 1
Starts from the last sale price (AED 2.18M, 27 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,175,000
- Deposit, UAE resident (20%)
- AED 435,000
- Deposit, non-resident (40%)
- AED 870,000
- Monthly over 25 years at 3.7%
- AED 8,899
Plus AED 96,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →