2-bed · 1,376 sqftShams 1, Jumeirah Beach Residence · 28th floor · completed 2007

2806, Shams 1

Sold prices and rental history: sold twice, last in November 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2806 · DLD and Ejari recordsUpdated 23 December 2023
Last soldAED 1.93M3 November 2022
Current rentAED 145K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2806, Shams 1

What is 2806 worth today?

Last sold for AED 1,925,000 in 2022

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23 Dec 2023RentedNew contract
AED 145,000/yr12 months · AED 105 per sqft
3 Nov 2022SoldReady
AED 1,925,000AED 1,399 per sqft
19 Feb 2020RentedRenewal
AED 120,000/yr12 months · AED 87 per sqft
19 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 777 per sqft

Source: Dubai Land Department. Updated 23 December 2023.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
28th of 43
Parking
B26
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 1.93M · November 2022
Building
Shams 1

About 2806, Shams 1

2806 is a two-bedroom apartment of 1,376 sqft on the 28th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 November 2022 for AED 1,925,000, or AED 1,399 per sqft, 7% above the AED 1,307 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 23 December 2023, is AED 145,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2806 over time

Sales
Unit 2806, 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, November 2022: AED 1,925,000 (AED 1,399 per sqft)

2806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2806, 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, February 2019: AED 120,000 a yearRenewal, February 2020: AED 120,000 a yearNew contract, December 2023: AED 145,000 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 2806 sits

All 125 2-beds →

2806 last sold in November 2022 at AED 1,399 per sqft, 7% above what two-beds in Shams 1 were fetching at the time (AED 1,307). 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. 2806's AED 145,000 is in the upper 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 28th floor

All 309 units in Shams 1
Value
28011-bedAED 2.75M · Dec 2017
28021-bedAED 1.95M · Apr 2022
28032-bedAED 2.45M · Jul 2025
28042-bedAED 1.97M · Sep 2025
28052-bedAED 2.25M · Apr 2023
28071-bedAED 3.5M · Aug 2026
28081-bedAED 1.95M · Jun 2021

2806, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 3 November 2022 for AED 1,925,000 (AED 1,399 per sqft).
  • Rented since February 2019 on 3 Ejari contracts, from AED 120,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 7.5%, 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 23 December 2023.

Questions about 2806, Shams 1

What did unit 2806 last sell for?

AED 1,925,000 on 3 November 2022: AED 1,399 per sqft for 1,376 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 2806?

AED 145,000 a year on the contract signed on 23 December 2023. The previous contract, from February 2020, was AED 120,000; the unit has been rented since February 2019.

How big is unit 2806?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 28th floor of a 43-storey tower completed in 2007.

What is unit 2806 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 2806, Shams 1

Starts from the last sale price (AED 1.93M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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