703, Shams 1
Sold prices and rental history: sold twice, last in October 2013, 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 703, Shams 1
What is 703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 7th of 43
- Parking
- B144
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.25M · October 2013
- Building
- Shams 1
About 703, Shams 1
703 is a one-bedroom apartment of 1,182 sqft on the 7th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 October 2013 for AED 1,250,000, or AED 1,057 per sqft, in line with the AED 1,042 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 15 August 2025, is AED 98,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 17,800 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shams 1, and where 703 sits
All 81 1-beds →703 last sold in October 2013 at AED 1,057 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,042). Over the last 12 months one-beds sold for AED 1,775,000, around AED 1,501 per sqft, and rent for AED 92,000 to 145,171 a year. 703's AED 98,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,182 sqft | 1,775,000 | 1,501 | ||
| 8 May 20258 May 2025 | 485 sqft | 1,480,387 | 3,054 | ||
| 24 Apr 202524 April 2025 | 1,182 sqft | 1,600,000 | 1,353 | ||
| 24 Mar 202524 March 2025 | 1,342 sqft | 1,642,322 | 1,224 |
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 7th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,884 sqft | AED 2.11MAED 2,113,000 · Mar 2023March 2023 | 100,000 /yr | |
| 702 | 3-bed | 1,884 sqft | AED 2.2MAED 2,200,000 · Oct 2023October 2023 | 131,250 /yr | |
| 704 | 1-bed | 1,182 sqft | AED 1.6MAED 1,600,000 · Apr 2025April 2025 | 80,000 /yr | |
| 705 | 1-bed | 1,182 sqft | AED 1.55MAED 1,550,000 · Jan 2014January 2014 | 92,000 /yr | |
| 706 | 1-bed | 1,182 sqft | AED 1.65MAED 1,650,000 · Jan 2024January 2024 | 130,000 /yr | |
| 707 | 3-bed | 1,884 sqft | AED 2.3MAED 2,300,000 · Jun 2023June 2023 | 180,124 /yr | |
| 708 | 3-bed | 1,884 sqft | AED 2.45MAED 2,448,083 · Sep 2024September 2024 | 180,000 /yr |
703, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 3 October 2013 for AED 1,250,000 (AED 1,057 per sqft).
- Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 84,999 in 2022 and recovered to AED 98,000 by August 2025.
- At AED 98,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 17,800 a year (AED 15.02 per sqft).
- One-beds in Shams 1 sold for AED 1,775,000–1,775,000 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 August 2025.
Questions about 703, Shams 1
What did unit 703 last sell for?
AED 1,250,000 on 3 October 2013: AED 1,057 per sqft for 1,182 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 703?
AED 98,000 a year on the contract signed on 15 August 2025. The previous contract, from October 2024, was AED 100,000; the unit has been rented since January 2014.
How big is unit 703?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2007.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 1,775,000 to 1,775,000 in the last 12 months, around AED 1,501 per sqft.
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Mortgage on 703, Shams 1
Starts from the last sale price (AED 1.25M, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →