2502, Shams 1
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2502, Shams 1
What is 2502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 25th of 43
- Parking
- G53/ G53
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.5M · July 2024
- Building
- Shams 1
About 2502, Shams 1
2502 is a three-bedroom apartment of 1,884 sqft on the 25th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 July 2024 for AED 2,500,000, or AED 1,326 per sqft, in line with the AED 1,292 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 4 July 2023, is AED 160,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 28,300 a year.
Sales and rents for 2502 over time
2502 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shams 1, and where 2502 sits
All 98 3-beds →2502 last sold in July 2024 at AED 1,326 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,292). Over the last 12 months three-beds sold for AED 2,680,000, around AED 1,422 per sqft, and rent for AED 180,000 to 215,000 a year. 2502's AED 160,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 1,884 sqft | 2,600,000 | 1,379 | ||
| 4 Apr 20254 April 2025 | 1,884 sqft | 2,625,000 | 1,393 | ||
| 14 Feb 202514 February 2025 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 11 Feb 202511 February 2025 | 1,884 sqft | 2,400,000 | 1,273 |
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 25th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 1,884 sqft | AED 2.25MAED 2,250,000 · Jun 2022June 2022 | 190,000 /yr | |
| 2503 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · Sep 2022September 2022 | ||
| 2504 | 2-bed | 1,376 sqft | AED 2.11MAED 2,111,900 · Dec 2013December 2013 | 137,500 /yr | |
| 2505 | 2-bed | 1,376 sqft | AED 1.78MAED 1,775,000 · Dec 2013December 2013 | 140,000 /yr | |
| 2506 | 2-bed | 1,376 sqft | AED 2.05MAED 2,050,000 · May 2024May 2024 | 155,000 /yr | |
| 2507 | 3-bed | 1,884 sqft | AED 2.83MAED 2,825,000 · Mar 2014March 2014 | 200,000 /yr | |
| 2508 | 3-bed | 1,884 sqft | AED 2.89MAED 2,890,000 · May 2014May 2014 | 85,000 /yr |
2502, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 18 July 2024 for AED 2,500,000 (AED 1,326 per sqft).
- Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 135,463 to AED 110,543 in 2020 and recovered to AED 160,000 by July 2023.
- At AED 160,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
- Three-beds in Shams 1 sold for AED 2,680,000–2,680,000 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 18 July 2024.
Questions about 2502, Shams 1
What did unit 2502 last sell for?
AED 2,500,000 on 18 July 2024: AED 1,326 per sqft for 1,884 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 2502?
AED 160,000 a year on the contract signed on 4 July 2023. The previous contract, from October 2021, was AED 140,000; the unit has been rented since December 2019.
How big is unit 2502?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 25th floor of a 43-storey tower completed in 2007.
What is unit 2502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 1 sold for AED 2,680,000 to 2,680,000 in the last 12 months, around AED 1,422 per sqft.
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Mortgage on 2502, Shams 1
Starts from the last sale price (AED 2.5M, 18 July 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 →