3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 11th floor · completed 2007

1107, Shams 1

Sold prices and rental history: sold 3 times, last in November 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 9 November 2017
Last soldAED 2.13M9 November 2017
Current rentAED 159K /yr3 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Shams 1

What is 1107 worth today?

Last sold for AED 2,125,000 in 2017

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9 Nov 2017SoldReady
AED 2,125,000AED 1,127 per sqft
3 Feb 2017RentedRenewal
AED 159,053/yr12 months · AED 84 per sqft
3 Feb 2016RentedRenewal
AED 170,000/yr12 months · AED 90 per sqft
3 Feb 2015RentedNew contract
AED 170,000/yr12 months · AED 90 per sqft
8 Dec 2013SoldReady
AED 2,415,000AED 1,281 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 567 per sqft

Source: Dubai Land Department. Updated 9 November 2017.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
11th of 43
Parking
G20/ G21
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.13M · November 2017
Building
Shams 1

About 1107, Shams 1

1107 is a three-bedroom apartment of 1,884 sqft on the 11th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 November 2017 for AED 2,125,000, or AED 1,127 per sqft, in line with the AED 1,127 three-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 3 February 2017, is AED 159,053 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 28,300 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, 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, December 2013: AED 2,415,000 (AED 1,281 per sqft)Sold, November 2017: AED 2,125,000 (AED 1,127 per sqft)

1107 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1107, 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, February 2015: AED 170,000 a yearRenewal, February 2016: AED 170,000 a yearRenewal, February 2017: AED 159,053 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 1107 sits

All 104 3-beds →

1107 last sold in November 2017 at AED 1,127 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,127). 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. 1107's AED 159,053 is in the lower half 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 11th floor

All 309 units in Shams 1
Value
11013-bedAED 2.73M · Jan 2014
11023-bedAED 1.8M · May 2022
11031-bedAED 1.4M · Oct 2013
11041-bedAED 1.4M · Sep 2022
11051-bedAED 1.7M · Mar 2014
11061-bedAED 728K · Mar 2018
11083-bedAED 2.44M · Nov 2024

1107, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 9 November 2017 for AED 2,125,000 (AED 1,127 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 170,000 to AED 159,053 a year.
  • At AED 159,053 a year the gross yield on the 2017 price is 7.5%, 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 9 November 2017.

Questions about 1107, Shams 1

What did unit 1107 last sell for?

AED 2,125,000 on 9 November 2017: AED 1,127 per sqft for 1,884 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 1107?

AED 159,053 a year on the contract renewed on 3 February 2017. The previous contract, from February 2016, was AED 170,000; the unit has been rented since February 2015.

How big is unit 1107?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 11th floor of a 43-storey tower completed in 2007.

What is unit 1107 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 1107, Shams 1

Starts from the last sale price (AED 2.13M, 9 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

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