3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 1st floor · completed 2007

102, Shams 1

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 2.03M24 November 2022
Current rentAED 130K /yr12 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Shams 1

What is 102 worth today?

Last sold for AED 2,025,000 in 2022

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24 Nov 2022SoldReady
AED 2,025,000AED 1,074 per sqft
12 Dec 2021RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
12 Nov 2020RentedRenewal
AED 106,154/yr13 months · AED 56 per sqft
12 Nov 2019RentedRenewal
AED 135,000/yr12 months · AED 72 per sqft
12 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 567 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
1st of 43
Parking
B84/ T7
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.03M · November 2022
Building
Shams 1

About 102, Shams 1

102 is a three-bedroom apartment of 1,884 sqft on the 1st floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 November 2022 for AED 2,025,000, or AED 1,074 per sqft, in line with the AED 1,103 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 12 December 2021, is AED 130,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 28,300 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in Shams 1
1M2M3M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,300,000; 2014 AED 2,655,000; 2015 AED 2,750,000; 2017 AED 2,125,000; 2018 AED 2,050,000; 2019 AED 1,675,000; 2021 AED 1,800,000; 2022 AED 2,078,930; 2023 AED 2,262,500; 2024 AED 2,450,000; 2025 AED 2,500,000; 2026 AED 2,752,500Sold by developer, September 2011: AED 1,069,182 (AED 567 per sqft)Sold, November 2022: AED 2,025,000 (AED 1,074 per sqft)

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

Rents
Unit 102, each contractTypical three-bed in Shams 1
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,250; 2014 AED 170,000; 2015 AED 170,250; 2016 AED 170,000; 2017 AED 159,527; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 180,000; 2026 AED 180,000New contract, November 2018: AED 140,000 a yearRenewal, November 2019: AED 135,000 a yearRenewal, November 2020: AED 106,154 a yearRenewal, December 2021: AED 130,000 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 1, and where 102 sits

All 104 3-beds →

102 last sold in November 2022 at AED 1,074 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,103). Over the last 12 months three-beds sold for AED 2,500,000 to 2,935,000, around AED 1,461 per sqft, and rent for AED 145,000 to 250,000 a year. 102's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20262,825,000
3 Jun 20262,500,000
21 May 20262,580,000
15 May 20262,900,000
6 3-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. 20 sold in the last 12 months.

Typical price per sqft
AED 1,497 Down 4.2%
Typical sale
AED 2.39M
Typical rent
AED 127K /yr
Typical yield
6.3%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 309 units in Shams 1
Value
1013-bedAED 2.5M · Feb 2014
1031-bedAED 1.35M · Jul 2017
1041-bedAED 1.45M · Dec 2023
1051-bedAED 1.35M · Aug 2017
1061-bedAED 1.99M · Aug 2025
1073-bedAED 2.37M · Jan 2014
1083-bedAED 1.2M · Jun 2020

102, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 24 November 2022 for AED 2,025,000 (AED 1,074 per sqft).
  • Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 106,154 in 2020 and recovered to AED 130,000 by December 2021.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
  • Three-beds in Shams 1 sold for AED 2,500,000–2,935,000 in the 12 months to November 2026; the building's median across all types is AED 1,497 per sqft.

Source: Dubai Land Department. Updated 24 November 2022.

Questions about 102, Shams 1

What did unit 102 last sell for?

AED 2,025,000 on 24 November 2022: AED 1,074 per sqft for 1,884 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 102?

AED 130,000 a year on the contract renewed on 12 December 2021. The previous contract, from November 2020, was AED 106,154; the unit has been rented since November 2018.

How big is unit 102?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 1st floor of a 43-storey tower completed in 2007.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 1 sold for AED 2,500,000 to 2,935,000 in the last 12 months, around AED 1,461 per sqft.

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Mortgage on 102, Shams 1

Starts from the last sale price (AED 2.03M, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →