1604, Shams 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Shams 1
What is 1604 worth today?
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Source: Dubai Land Department. Updated 2 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,199 sqft
- Floor
- 16th of 43
- Parking
- B127
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.55M · October 2023
- Building
- Shams 1
About 1604, Shams 1
1604 is a one-bedroom apartment of 1,199 sqft on the 16th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 October 2023 for AED 1,550,000, or AED 1,293 per sqft, 10% above the AED 1,174 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 2 February 2026, is AED 105,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 18,000 a year.
Sales and rents for 1604 over time
1604 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1604 sits
All 84 1-beds →1604 last sold in October 2023 at AED 1,293 per sqft, 10% above what one-beds in Shams 1 were fetching at the time (AED 1,174). 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. 1604's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,199 sqft | 1,300,000 | 1,084 | ||
| 5 Aug 20265 August 2026 | 1,522 sqft | 3,500,000 | 2,299 | ||
| 17 Apr 202617 April 2026 | 1,199 sqft | 1,570,150 | 1,309 | ||
| 6 Apr 20266 April 2026 | 2,598 sqft | 3,260,000 | 1,254 |
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 16th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,884 sqft | AED 1.9MAED 1,900,000 · Mar 2022March 2022 | 130,000 /yr | |
| 1602 | 3-bed | 1,884 sqft | AED 1.9MAED 1,900,000 · Apr 2022April 2022 | 175,000 /yr | |
| 1603 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · May 2023May 2023 | 120,000 /yr | |
| 1605 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Sep 2022September 2022 | 90,000 /yr | |
| 1606 | 1-bed | 1,199 sqft | AED 1.37MAED 1,365,000 · Oct 2021October 2021 | 96,000 /yr | |
| 1607 | 3-bed | 1,884 sqft | AED 2.45MAED 2,450,000 · Oct 2023October 2023 | 130,000 /yr | |
| 1608 | 3-bed | 1,884 sqft | AED 2.8MAED 2,800,000 · Mar 2015March 2015 | 108,000 /yr |
1604, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 25 October 2023 for AED 1,550,000 (AED 1,293 per sqft).
- Rented since November 2018 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 105,000 by February 2026.
- At AED 105,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 18,000 a year (AED 15.02 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 2 February 2026.
Questions about 1604, Shams 1
What did unit 1604 last sell for?
AED 1,550,000 on 25 October 2023: AED 1,293 per sqft for 1,199 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 1604?
AED 105,000 a year on the contract renewed on 2 February 2026. The previous contract, from February 2026, was AED 145,171; the unit has been rented since November 2018.
How big is unit 1604?
1,199 sqft (111.4 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2007.
What is unit 1604 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 1604, Shams 1
Starts from the last sale price (AED 1.55M, 25 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →