3503, Shams 1
Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3503, Shams 1
What is 3503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 35th of 43
- Parking
- M117
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 2.55M · November 2023
- Building
- Shams 1
About 3503, Shams 1
3503 is a two-bedroom apartment of 1,376 sqft on the 35th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 November 2023 for AED 2,550,000, or AED 1,853 per sqft, 15% above the AED 1,618 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 22 September 2022, is AED 123,871 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 20,700 a year.
Sales and rents for 3503 over time
3503 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 3503 sits
All 104 2-beds →3503 last sold in November 2023 at AED 1,853 per sqft, 15% above what two-beds in Shams 1 were fetching at the time (AED 1,618). 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. 3503's AED 123,871 is at the bottom 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 35th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,274 sqft | AED 1.8MAED 1,800,000 · Mar 2022March 2022 | 155,000 /yr | |
| 3502 | 1,274 sqft | AED 1.78MAED 1,775,000 · May 2022May 2022 | 149,100 /yr | ||
| 3504 | 1,376 sqft | AED 1.75MAED 1,750,000 · May 2022May 2022 | 149,100 /yr | ||
| 3505 | 2-bed | 1,376 sqft | AED 4.1MAED 4,100,000 · May 2025May 2025 | 117,549 /yr | |
| 3506 | 1,376 sqft | AED 2.35MAED 2,350,000 · Aug 2025August 2025 | 149,100 /yr | ||
| 3507 | 2-bed | 1,274 sqft | AED 2.55MAED 2,550,550 · Nov 2014November 2014 | 145,000 /yr | |
| 3508 | 2-bed | 1,274 sqft | AED 2.2MAED 2,200,000 · Aug 2024August 2024 | 90,000 /yr |
3503, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 27 November 2023 for AED 2,550,000 (AED 1,853 per sqft).
- Rented since April 2021 on 3 Ejari contracts, from AED 110,000 to AED 123,871 a year.
- At AED 123,871 a year the gross yield on the 2023 price is 4.9%, 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 27 November 2023.
Questions about 3503, Shams 1
What did unit 3503 last sell for?
AED 2,550,000 on 27 November 2023: AED 1,853 per sqft for 1,376 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 3503?
AED 123,871 a year on the contract renewed on 22 September 2022. The previous contract, from September 2021, was AED 125,000; the unit has been rented since April 2021.
How big is unit 3503?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 35th floor of a 43-storey tower completed in 2007.
What is unit 3503 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 3503, Shams 1
Starts from the last sale price (AED 2.55M, 27 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →