2-bed · 1,376 sqftShams 1, Jumeirah Beach Residence · 26th floor · completed 2007

2605, Shams 1

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 12 February 2020
Last soldAED 1.23M12 February 2020
Current rentAED 105K /yr25 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2605, Shams 1

What is 2605 worth today?

Last sold for AED 1,225,000 in 2020

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12 Feb 2020SoldReady
AED 1,225,000AED 890 per sqft
25 Mar 2019RentedNew contract
AED 105,000/yr12 months · AED 76 per sqft
21 Jan 2018RentedRenewal
AED 135,000/yr12 months · AED 98 per sqft
21 Jan 2017RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
20 Jan 2016RentedNew contract
AED 145,000/yr12 months · AED 105 per sqft
1 Dec 2014RentedNew contract
AED 155,000/yr12 months · AED 112 per sqft
27 Feb 2014SoldReady
AED 2,325,000AED 1,689 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 777 per sqft

Source: Dubai Land Department. Updated 12 February 2020.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
26th of 43
Parking
M49
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.23M · February 2020
Building
Shams 1

About 2605, Shams 1

2605 is a two-bedroom apartment of 1,376 sqft on the 26th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 February 2020 for AED 1,225,000, or AED 890 per sqft, in line with the AED 890 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 25 March 2019, is AED 105,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2605 over time

Sales
Unit 2605, each saleTypical two-bed in Shams 1
1M2M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,111,900; 2014 AED 2,175,000; 2017 AED 1,850,000; 2018 AED 2,000,000; 2019 AED 2,200,000; 2021 AED 1,730,000; 2022 AED 1,775,000; 2023 AED 2,062,500; 2024 AED 2,212,500; 2025 AED 2,325,000; 2026 AED 2,125,000Sold by developer, September 2011: AED 1,069,182 (AED 777 per sqft)Sold, February 2014: AED 2,325,000 (AED 1,689 per sqft)Sold, February 2020: AED 1,225,000 (AED 890 per sqft)

2605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2605, each contractTypical two-bed in Shams 1
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 94,500; 2014 AED 155,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 95,625; 2022 AED 127,500; 2023 AED 142,500; 2024 AED 149,100; 2025 AED 147,000; 2026 AED 120,000New contract, December 2014: AED 155,000 a yearNew contract, January 2016: AED 145,000 a yearNew contract, January 2017: AED 135,000 a yearRenewal, January 2018: AED 135,000 a yearNew contract, March 2019: AED 105,000 a year

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

2-beds in Shams 1, and where 2605 sits

All 125 2-beds →

2605 last sold in February 2020 at AED 890 per sqft, in line with what two-beds in Shams 1 were fetching at the time (AED 890). Over the last 12 months two-beds sold for AED 1,950,000 to 4,326,857, around AED 1,562 per sqft, and rent for AED 68,200 to 200,000 a year. 2605's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20262,150,000
2 Sep 20262,100,000
3 Jul 20262,100,000
7 Apr 20264,326,857
7 2-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 26th floor

All 309 units in Shams 1
Value
26013-bedAED 1.95M · Aug 2021
26023-bedAED 2.13M · Jul 2022
26032-bedAED 2M · Aug 2025
26042-bedAED 2.05M · Jan 2025
26062-bedAED 2.05M · Jan 2025
26073-bedAED 1.9M · Jun 2021
26083-bedAED 2.39M · Oct 2023

2605, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 12 February 2020 for AED 1,225,000 (AED 890 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 155,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 20,700 a year (AED 15.02 per sqft).
  • Two-beds in Shams 1 sold for AED 1,950,000–4,326,857 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 12 February 2020.

Questions about 2605, Shams 1

What did unit 2605 last sell for?

AED 1,225,000 on 12 February 2020: AED 890 per sqft for 1,376 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 2605?

AED 105,000 a year on the contract signed on 25 March 2019. The previous contract, from January 2018, was AED 135,000; the unit has been rented since December 2014.

How big is unit 2605?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 26th floor of a 43-storey tower completed in 2007.

What is unit 2605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 1 sold for AED 1,950,000 to 4,326,857 in the last 12 months, around AED 1,562 per sqft.

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Mortgage on 2605, Shams 1

Starts from the last sale price (AED 1.23M, 12 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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