2504, Shams 1
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2504, Shams 1
What is 2504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 25th of 43
- Parking
- B46
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.11M · December 2013
- Building
- Shams 1
About 2504, Shams 1
2504 is a two-bedroom apartment of 1,376 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 22 December 2013 for AED 2,111,900, or AED 1,535 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 2016 on 8 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 137,500 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 20,700 a year.
Sales and rents for 2504 over time
2504 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 2504 sits
All 104 2-beds →2504 last sold in December 2013 at AED 1,535 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. 2504's AED 137,500 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 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 | |
| 2502 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jul 2024July 2024 | 160,000 /yr | |
| 2503 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · Sep 2022September 2022 | ||
| 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 |
2504, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 22 December 2013 for AED 2,111,900 (AED 1,535 per sqft).
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 139,251 to AED 85,000 in 2022 and recovered to AED 137,500 by January 2024.
- At AED 137,500 a year the gross yield on the 2013 price is 6.5%, 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 15 January 2024.
Questions about 2504, Shams 1
What did unit 2504 last sell for?
AED 2,111,900 on 22 December 2013: AED 1,535 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 2504?
AED 137,500 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 125,000; the unit has been rented since October 2016.
How big is unit 2504?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 25th floor of a 43-storey tower completed in 2007.
What is unit 2504 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 2504, Shams 1
Starts from the last sale price (AED 2.11M, 22 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,111,900
- Deposit, UAE resident (20%)
- AED 422,380
- Deposit, non-resident (40%)
- AED 844,760
- Monthly over 25 years at 3.7%
- AED 8,640
Plus AED 93,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →