1208, Shams 1
Sold prices and rental history: sold twice, last in March 2024, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Shams 1
What is 1208 worth today?
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Source: Dubai Land Department. Updated 14 March 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 12th of 43
- Parking
- M19/ M20
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.42M · March 2024
- Building
- Shams 1
About 1208, Shams 1
1208 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 14 March 2024 for AED 2,420,000, or AED 1,284 per sqft, in line with the AED 1,273 three-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 28 February 2019, is AED 124,628 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 28,300 a year.
Sales and rents for 1208 over time
1208 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 1, and where 1208 sits
All 104 3-beds →1208 last sold in March 2024 at AED 1,284 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,273). 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. 1208's AED 124,628 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,884 sqft | AED 1.68MAED 1,675,000 · May 2019May 2019 | 155,000 /yr | |
| 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, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 14 March 2024 for AED 2,420,000 (AED 1,284 per sqft).
- Rented since May 2012 on 3 Ejari contracts, from AED 105,000 to AED 124,628 a year.
- At AED 124,628 a year the gross yield on the 2024 price is 5.1%, 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 14 March 2024.
Questions about 1208, Shams 1
What did unit 1208 last sell for?
AED 2,420,000 on 14 March 2024: AED 1,284 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 1208?
AED 124,628 a year on the contract signed on 28 February 2019. The previous contract, from May 2013, was AED 105,000; the unit has been rented since May 2012.
How big is unit 1208?
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 1208 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 1208, Shams 1
Starts from the last sale price (AED 2.42M, 14 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,420,000
- Deposit, UAE resident (20%)
- AED 484,000
- Deposit, non-resident (40%)
- AED 968,000
- Monthly over 25 years at 3.7%
- AED 9,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →