503, Shams 2
Sold prices and rental history: sold twice, last in November 2009, 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 503, Shams 2
What is 503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,990 sqft
- Floor
- 5th of 41
- Parking
- M186,M187
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,600 /yr
- Last sold
- AED 1.4M · November 2009
- Building
- Shams 2
About 503, Shams 2
503 is a three-bedroom apartment of 1,990 sqft on the 5th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 November 2009 for AED 1,400,000, or AED 703 per sqft, 25% below the AED 943 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 21 August 2025, is AED 160,000 a year: a gross yield of 11.4% on the 2009 price, before the service charge of about AED 36,600 a year.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 41 3-beds →503 last sold in November 2009 at AED 703 per sqft, 25% below what three-beds in Shams 2 were fetching at the time (AED 943). 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 5th floor
All 154 units in Shams 2503, Shams 2 in numbers
- Sold twice: first on 11 September 2007 for AED 1,560,000, last on 5 November 2009 for AED 1,400,000 (AED 703 per sqft).
- Rented since May 2016 on 6 Ejari contracts, from AED 165,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2009 price is 11.4%, 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 21 August 2025.
Questions about 503, Shams 2
What did unit 503 last sell for?
AED 1,400,000 on 5 November 2009: AED 703 per sqft for 1,990 sqft. The unit has 2 registered sales; the first was AED 1,560,000 in September 2007.
What is the rent for unit 503?
AED 160,000 a year on the contract renewed on 21 August 2025. The previous contract, from August 2024, was AED 160,000; the unit has been rented since May 2016.
How big is unit 503?
1,990 sqft (184.9 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.
What is unit 503 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 503, Shams 2
Starts from the last sale price (AED 1.4M, 5 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →