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2-bed · 1,376 sqftShams 1, Jumeirah Beach Residence · 37th floor · completed 2007

3703, Shams 1

Sold prices and rental history: sold twice, last in March 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 2.4M29 March 2023
Current rentAED 160K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, Shams 1

What is 3703 worth today?

Last sold for AED 2,400,000 in 2023

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2 May 2025RentedNew contract
AED 160,000/yr12 months · AED 116 per sqft
29 Mar 2023SoldReady
AED 2,400,000AED 1,744 per sqft
1 Jul 2013RentedRenewal
AED 94,500/yr12 months · AED 69 per sqft
1 Jul 2012RentedNew contract
AED 94,500/yr12 months · AED 69 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 777 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
37th of 43
Parking
G34
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.4M · March 2023
Building
Shams 1

About 3703, Shams 1

3703 is a two-bedroom apartment of 1,376 sqft on the 37th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 March 2023 for AED 2,400,000, or AED 1,744 per sqft, 11% above the AED 1,569 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 2 May 2025, is AED 160,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 20,700 a year.

Sales and rents for 3703 over time

Sales
Unit 3703, each saleTypical two-bed in Shams 1
1M2M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,111,900; 2014 AED 2,175,000; 2017 AED 1,850,000; 2018 AED 2,000,000; 2019 AED 2,200,000; 2021 AED 1,730,000; 2022 AED 1,850,000; 2023 AED 2,062,500; 2024 AED 2,237,500; 2025 AED 2,325,000Sold by developer, September 2011: AED 1,069,182 (AED 777 per sqft)Sold, March 2023: AED 2,400,000 (AED 1,744 per sqft)

3703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3703, each contractTypical two-bed in Shams 1
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 94,500; 2014 AED 155,000; 2015 AED 135,000; 2016 AED 134,626; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 93,500; 2021 AED 95,000; 2022 AED 115,000; 2023 AED 128,000; 2024 AED 140,000; 2025 AED 147,000New contract, July 2012: AED 94,500 a yearRenewal, July 2013: AED 94,500 a yearNew contract, May 2025: AED 160,000 a year

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 3703 sits

All 104 2-beds →

3703 last sold in March 2023 at AED 1,744 per sqft, 11% above what two-beds in Shams 1 were fetching at the time (AED 1,569). 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. 3703's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20262,420,000
24 Jul 20252,450,000
28 May 20254,100,000
15 May 20252,350,000
2 2-bed sales in the last 12 months

Shams 1

Building

309 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%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 37th floor

All 309 units in Shams 1
Value
37012-bedAED 2.05M · Mar 2023
37022-bedAED 2M · Mar 2023
37042-bedAED 2M · Apr 2023
37052-bedAED 2.4M · Apr 2023
37062-bedAED 2M · Apr 2023
37072-bedAED 2.1M · Apr 2023
37082-bedAED 2.05M · Apr 2023

3703, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 29 March 2023 for AED 2,400,000 (AED 1,744 per sqft).
  • Rented since July 2012 on 3 Ejari contracts, from AED 94,500 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 6.7%, 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 2 May 2025.

Questions about 3703, Shams 1

What did unit 3703 last sell for?

AED 2,400,000 on 29 March 2023: AED 1,744 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 3703?

AED 160,000 a year on the contract signed on 2 May 2025. The previous contract, from July 2013, was AED 94,500; the unit has been rented since July 2012.

How big is unit 3703?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 37th floor of a 43-storey tower completed in 2007.

What is unit 3703 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 3703, Shams 1

Starts from the last sale price (AED 2.4M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →