1608, Shams 1
Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Shams 1
What is 1608 worth today?
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Source: Dubai Land Department. Updated 1 March 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 16th of 43
- Parking
- M36/ M37
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.8M · March 2015
- Building
- Shams 1
About 1608, Shams 1
1608 is a three-bedroom apartment of 1,884 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 March 2015 for AED 2,800,000, or AED 1,486 per sqft, in line with the AED 1,481 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 March 2020, is AED 108,000 a year: a gross yield of 3.9% on the 2015 price, before the service charge of about AED 28,300 a year.
Sales and rents for 1608 over time
1608 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 1608 sits
All 104 3-beds →1608 last sold in March 2015 at AED 1,486 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,481). 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. 1608's AED 108,000 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 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 | |
| 1604 | 1-bed | 1,199 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | 145,171 /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, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 25 March 2015 for AED 2,800,000 (AED 1,486 per sqft).
- Rented since March 2012 on 5 Ejari contracts, from AED 105,000 to AED 108,000 a year.
- At AED 108,000 a year the gross yield on the 2015 price is 3.9%, 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 1 March 2020.
Questions about 1608, Shams 1
What did unit 1608 last sell for?
AED 2,800,000 on 25 March 2015: AED 1,486 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 1608?
AED 108,000 a year on the contract signed on 1 March 2020. The previous contract, from August 2019, was AED 132,000; the unit has been rented since March 2012.
How big is unit 1608?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 16th floor of a 43-storey tower completed in 2007.
What is unit 1608 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 1608, Shams 1
Starts from the last sale price (AED 2.8M, 25 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →