1-bed · 1,199 sqftShams 1, Jumeirah Beach Residence · 14th floor · completed 2007

1403, Shams 1

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 27 March 2023
Last soldAED 1.4M27 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Shams 1

What is 1403 worth today?

Last sold for AED 1,400,000 in 2023

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27 Mar 2023SoldReady
AED 1,400,000AED 1,167 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 891 per sqft

Source: Dubai Land Department. Updated 27 March 2023.

Key facts

Type
1-bed apartment
Size
1,199 sqft
Floor
14th of 43
Parking
B18
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 1.4M · March 2023
Building
Shams 1

About 1403, Shams 1

1403 is a one-bedroom apartment of 1,199 sqft on the 14th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 March 2023 for AED 1,400,000, or AED 1,167 per sqft, in line with the AED 1,167 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Shams 1
1M1.5M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 1,250,000; 2014 AED 1,662,500; 2015 AED 1,470,000; 2017 AED 1,375,000; 2018 AED 1,375,000; 2019 AED 1,600,000; 2021 AED 1,300,000; 2022 AED 1,450,000; 2023 AED 1,440,000; 2024 AED 1,590,000; 2025 AED 1,640,000; 2026 AED 1,710,000Sold by developer, September 2011: AED 1,069,182 (AED 891 per sqft)Sold, March 2023: AED 1,400,000 (AED 1,167 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Shams 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 70,438; 2013 AED 102,500; 2014 AED 117,750; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,500; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 94,750; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 100,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shams 1, and where 1403 sits

All 84 1-beds →

1403 last sold in March 2023 at AED 1,167 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,167). Over the last 12 months one-beds sold for AED 900,000 to 3,500,000, around AED 1,426 per sqft, and rent for AED 80,000 to 167,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,300,000
5 Aug 20263,500,000
17 Apr 20261,570,150
6 Apr 20263,260,000
7 1-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 14th floor

All 309 units in Shams 1
Value
14013-bedAED 2.4M · Jul 2024
14023-bedAED 2.45M · Jun 2024
14041-bedAED 1.43M · Mar 2023
14051-bedAED 1.38M · Jan 2023
14061-bedAED 1.38M · Jan 2023
14073-bedAED 2.48M · Jul 2024
14083-bedAED 2.3M · Jul 2024

1403, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 27 March 2023 for AED 1,400,000 (AED 1,167 per sqft).
  • One-beds in Shams 1 sold for AED 900,000–3,500,000 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 27 March 2023.

Questions about 1403, Shams 1

What did unit 1403 last sell for?

AED 1,400,000 on 27 March 2023: AED 1,167 per sqft for 1,199 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

How big is unit 1403?

1,199 sqft (111.4 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2007.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 900,000 to 3,500,000 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 1403, Shams 1

Starts from the last sale price (AED 1.4M, 27 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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