1403, Shams 2
Sold prices and rental history: sold once, by the developer in June 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Shams 2
What is 1403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,991 sqft
- Floor
- 14th of 41
- Parking
- G145,G146
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,600 /yr
- Last sold
- AED 1.66M · June 2007
- Building
- Shams 2
About 1403, Shams 2
1403 is a three-bedroom apartment of 1,991 sqft on the 14th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 June 2007 for AED 1,655,000, or AED 831 per sqft, in line with the AED 831 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 30 December 2023, is AED 135,000 a year: a gross yield of 8.2% on the 2007 price, before the service charge of about AED 36,600 a year.
Sales and rents for 1403 over time
1403 has sold once; 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 2, and where 1403 sits
All 41 3-beds →1403 last sold in June 2007 at AED 831 per sqft, in line with what three-beds in Shams 2 were fetching at the time (AED 831). Over the last 12 months three-beds sold for AED 2,600,000, around AED 1,306 per sqft, and rent for AED 170,000 to 170,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 May 202527 May 2025 | 1,991 sqft | 2,600,000 | 1,306 | ||
| 23 Apr 202523 April 2025 | 1,990 sqft | 2,570,000 | 1,291 | ||
| 4 Mar 20254 March 2025 | 1,991 sqft | 2,650,000 | 1,331 | ||
| 21 Aug 202321 August 2023 | 1,991 sqft | 2,408,109 | 1,209 |
Shams 2
Building154 apartments, 1-bed to 3-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,556
- Typical sale
- AED 2.6M
- Typical rent
- AED 135K /yr
- Typical yield
- 6.3%
Other units on the 14th floor
All 154 units in Shams 21403, Shams 2 in numbers
- Sold once: by Dubai Properties on 25 June 2007 for AED 1,655,000, or AED 831 per sqft.
- Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2020 and recovered to AED 135,000 by December 2023.
- At AED 135,000 a year the gross yield on the 2007 price is 8.2%, before a service charge of about AED 36,600 a year (AED 18.38 per sqft).
- Three-beds in Shams 2 sold for AED 2,600,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,556 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 30 December 2023.
Questions about 1403, Shams 2
What did unit 1403 last sell for?
AED 1,655,000 on 25 June 2007, sold by the developer: AED 831 per sqft for 1,991 sqft. It is the only registered sale of the unit.
What is the rent for unit 1403?
AED 135,000 a year on the contract renewed on 30 December 2023. The previous contract, from December 2022, was AED 125,000; the unit has been rented since October 2012.
How big is unit 1403?
1,991 sqft (185.0 sqm): a three-bedroom apartment on the 14th floor of a 41-storey tower completed in 2007.
What is unit 1403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 2 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,306 per sqft.
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Mortgage on 1403, Shams 2
Starts from the last sale price (AED 1.66M, 25 June 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,655,000
- Deposit, UAE resident (20%)
- AED 331,000
- Deposit, non-resident (40%)
- AED 662,000
- Monthly over 25 years at 3.7%
- AED 6,771
Plus AED 74,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →