3-bed · 1,991 sqftShams 2, Jumeirah Beach Residence · 9th floor · completed 2007

903, Shams 2

Sold prices and rental history: sold twice, last in February 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 2.1M4 February 2009
Current rentAED 150K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Shams 2

What is 903 worth today?

Last sold for AED 2,100,000 in 2009

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15 Oct 2024RentedRenewal
AED 149,764/yr10 months · AED 75 per sqft
15 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
4 Feb 2022RentedRenewal
AED 99,750/yr12 months · AED 50 per sqft
4 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 48 per sqft
15 Aug 2019RentedRenewal
AED 127,000/yr12 months · AED 64 per sqft
15 Aug 2018RentedRenewal
AED 135,000/yr12 months · AED 68 per sqft
17 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 73 per sqft
25 Mar 2015RentedNew contract
AED 175,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
1,991 sqft
Floor
9th of 41
Parking
M177,M178
Developer
Dubai Properties
Completed
2007
Service charge
AED 36,600 /yr
Last sold
AED 2.1M · February 2009
Building
Shams 2

About 903, Shams 2

903 is a three-bedroom apartment of 1,991 sqft on the 9th floor of Shams 2, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 February 2009 for AED 2,100,000, or AED 1,054 per sqft, in line with the AED 1,029 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 149,764 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 36,600 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical three-bed in Shams 2
2M2007201220172022Typical sale price by year: 2007 AED 1,655,000; 2008 AED 1,655,000; 2009 AED 2,123,338; 2012 AED 1,700,000; 2014 AED 2,690,000; 2022 AED 1,974,656; 2023 AED 2,140,000; 2025 AED 2,600,000Sold by developer, September 2007: AED 1,560,000 (AED 783 per sqft)Sold, February 2009: AED 2,100,000 (AED 1,054 per sqft)

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

Rents
Unit 903, each contractTypical three-bed in Shams 2
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 120,000; 2014 AED 141,750; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 150,000; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 95,000; 2021 AED 92,500; 2022 AED 122,666; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 160,000New contract, March 2015: AED 175,000 a yearNew contract, August 2017: AED 145,000 a yearRenewal, August 2018: AED 135,000 a yearRenewal, August 2019: AED 127,000 a yearNew contract, February 2021: AED 95,000 a yearRenewal, February 2022: AED 99,750 a yearNew contract, October 2023: AED 150,000 a yearRenewal, October 2024: AED 149,764 a year

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 903 sits

All 41 3-beds →

903 last sold in February 2009 at AED 1,054 per sqft, in line with what three-beds in Shams 2 were fetching at the time (AED 1,029). 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 salesUnit no.Price (AED)Summary
27 May 20252,600,000
23 Apr 20252,570,000
4 Mar 20252,650,000
21 Aug 20232,408,109
1 3-bed sale in the last 12 months

Shams 2

Building

154 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%
Shams 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 9th floor

All 154 units in Shams 2
Value
9013-bedAED 2M · Jan 2008
9022-bedAED 1.3M · Aug 2009
9042-bedAED 1.73M · Aug 2023

903, Shams 2 in numbers

  • Sold twice: first on 11 September 2007 for AED 1,560,000, last on 4 February 2009 for AED 2,100,000 (AED 1,054 per sqft).
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 95,000 in 2021 and recovered to AED 149,764 by October 2024.
  • At AED 149,764 a year the gross yield on the 2009 price is 7.1%, 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 15 October 2024.

Questions about 903, Shams 2

What did unit 903 last sell for?

AED 2,100,000 on 4 February 2009: AED 1,054 per sqft for 1,991 sqft. The unit has 2 registered sales; the first was AED 1,560,000 in September 2007.

What is the rent for unit 903?

AED 149,764 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 150,000; the unit has been rented since March 2015.

How big is unit 903?

1,991 sqft (185.0 sqm): a three-bedroom apartment on the 9th floor of a 41-storey tower completed in 2007.

What is unit 903 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 903, Shams 2

Starts from the last sale price (AED 2.1M, 4 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →