1201, Shams 1
Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Shams 1
What is 1201 worth today?
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Source: Dubai Land Department. Updated 6 May 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 12th of 43
- Parking
- G90/ G91
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.68M · May 2019
- Building
- Shams 1
About 1201, Shams 1
1201 is a three-bedroom apartment of 1,884 sqft on the 12th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 May 2019 for AED 1,675,000, or AED 889 per sqft, 18% below the AED 1,088 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 14 September 2017, is AED 155,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 28,300 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1, and where 1201 sits
All 104 3-beds →1201 last sold in May 2019 at AED 889 per sqft, 18% below what three-beds in Shams 1 were fetching at the time (AED 1,088). 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. 1201's AED 155,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,884 sqft | 2,825,000 | 1,499 | ||
| 3 Jun 20263 June 2026 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 21 May 202621 May 2026 | 1,884 sqft | 2,580,000 | 1,369 | ||
| 15 May 202615 May 2026 | 1,884 sqft | 2,900,000 | 1,539 |
Shams 1
Building309 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%
Other units on the 12th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 3-bed | 1,884 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 180,000 /yr | |
| 1203 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Oct 2013October 2013 | 130,000 /yr | |
| 1204 | 1-bed | 1,199 sqft | AED 1.46MAED 1,460,000 · Dec 2017December 2017 | ||
| 1205 | 1-bed | 1,199 sqft | AED 1.7MAED 1,700,000 · Mar 2014March 2014 | 126,000 /yr | |
| 1206 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Jul 2023July 2023 | 85,000 /yr | |
| 1207 | 3-bed | 1,884 sqft | AED 2.28MAED 2,275,000 · Nov 2013November 2013 | 200,000 /yr | |
| 1208 | 3-bed | 1,884 sqft | AED 2.42MAED 2,420,000 · Mar 2024March 2024 | 124,628 /yr |
1201, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 6 May 2019 for AED 1,675,000 (AED 889 per sqft).
- Rented since February 2015 on 4 Ejari contracts, from AED 200,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2019 price is 9.3%, 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 6 May 2019.
Questions about 1201, Shams 1
What did unit 1201 last sell for?
AED 1,675,000 on 6 May 2019: AED 889 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 1201?
AED 155,000 a year on the contract signed on 14 September 2017. The previous contract, from February 2017, was AED 200,000; the unit has been rented since February 2015.
How big is unit 1201?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 12th floor of a 43-storey tower completed in 2007.
What is unit 1201 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 1201, Shams 1
Starts from the last sale price (AED 1.68M, 6 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,675,000
- Deposit, UAE resident (20%)
- AED 335,000
- Deposit, non-resident (40%)
- AED 670,000
- Monthly over 25 years at 3.7%
- AED 6,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →