3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 2nd floor · completed 2007

208, Shams 1

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 2.33M24 September 2024
Current rentAED 145K /yr2 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Shams 1

What is 208 worth today?

Last sold for AED 2,325,000 in 2024

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24 Sep 2024SoldReady
AED 2,325,000AED 1,233 per sqft
2 Mar 2024RentedRenewal
AED 145,000/yr6 months · AED 77 per sqft
2 Mar 2023RentedRenewal
AED 131,250/yr12 months · AED 70 per sqft
2 Mar 2022RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
21 Dec 2021RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
7 Jun 2021RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
28 Feb 2019RentedNew contract
AED 127,437/yr12 months · AED 68 per sqft
19 Jul 2012RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
2nd of 43
Parking
M77/T3
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.33M · September 2024
Building
Shams 1

About 208, Shams 1

208 is a three-bedroom apartment of 1,884 sqft on the 2nd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 September 2024 for AED 2,325,000, or AED 1,233 per sqft, 5% below the AED 1,300 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 2 March 2024, is AED 145,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 28,300 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical three-bed in Shams 1
1M2M3M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,300,000; 2014 AED 2,655,000; 2015 AED 2,750,000; 2017 AED 2,125,000; 2018 AED 2,050,000; 2019 AED 1,675,000; 2021 AED 1,800,000; 2022 AED 2,078,930; 2023 AED 2,262,500; 2024 AED 2,450,000; 2025 AED 2,500,000; 2026 AED 2,752,500Sold by developer, September 2011: AED 1,069,182 (AED 567 per sqft)Sold, September 2024: AED 2,325,000 (AED 1,233 per sqft)

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

Rents
Unit 208, each contractTypical three-bed in Shams 1
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,250; 2014 AED 170,000; 2015 AED 170,250; 2016 AED 170,000; 2017 AED 159,527; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 180,000; 2026 AED 180,000New contract, July 2012: AED 105,000 a yearNew contract, February 2019: AED 127,437 a yearNew contract, June 2021: AED 100,000 a yearNew contract, December 2021: AED 125,000 a yearNew contract, March 2022: AED 125,000 a yearRenewal, March 2023: AED 131,250 a yearRenewal, March 2024: AED 145,000 a year

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 208 sits

All 104 3-beds →

208 last sold in September 2024 at AED 1,233 per sqft, 5% below what three-beds in Shams 1 were fetching at the time (AED 1,300). 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. 208's AED 145,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20262,825,000
3 Jun 20262,500,000
21 May 20262,580,000
15 May 20262,900,000
6 3-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 2nd floor

All 309 units in Shams 1
Value
2013-bedAED 2.78M · Jun 2014
2023-bedAED 2.4M · Dec 2013
2031-bedAED 1.18M · Oct 2013
2041-bedAED 1.67M · Nov 2014
2051-bedAED 1.53M · Feb 2025
2061-bedAED 1.35M · Feb 2018
2073-bedAED 2.05M · May 2023

208, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 24 September 2024 for AED 2,325,000 (AED 1,233 per sqft).
  • Rented since July 2012 on 7 Ejari contracts, from AED 105,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 6.2%, 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 24 September 2024.

Questions about 208, Shams 1

What did unit 208 last sell for?

AED 2,325,000 on 24 September 2024: AED 1,233 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 208?

AED 145,000 a year on the contract renewed on 2 March 2024. The previous contract, from March 2023, was AED 131,250; the unit has been rented since July 2012.

How big is unit 208?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 2nd floor of a 43-storey tower completed in 2007.

What is unit 208 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 208, Shams 1

Starts from the last sale price (AED 2.33M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

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