2901, Shams 1
Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, Shams 1
What is 2901 worth today?
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Source: Dubai Land Department. Updated 19 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 29th of 43
- Parking
- M57
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2.4M · November 2024
- Building
- Shams 1
About 2901, Shams 1
2901 is a two-bedroom apartment of 1,274 sqft on the 29th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 November 2024 for AED 2,400,000, or AED 1,883 per sqft, 12% above the AED 1,686 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 November 2023, is AED 130,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 19,100 a year.
Sales and rents for 2901 over time
2901 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2901 sits
All 125 2-beds →2901 last sold in November 2024 at AED 1,883 per sqft, 12% above what two-beds in Shams 1 were fetching at the time (AED 1,686). 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. 2901's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 1,376 sqft | 2,150,000 | 1,562 | ||
| 2 Sep 20262 September 2026 | 1,376 sqft | 2,100,000 | 1,526 | ||
| 3 Jul 20263 July 2026 | 1,274 sqft | 2,100,000 | 1,647 | ||
| 7 Apr 20267 April 2026 | 3,403 sqft | 4,326,857 | 1,271 |
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 29th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 2-bed | 1,274 sqft | AED 1.63MAED 1,630,700 · Mar 2023March 2023 | ||
| 2903 | 2-bed | 1,376 sqft | AED 2.13MAED 2,125,000 · Jul 2017July 2017 | ||
| 2904 | 2-bed | 1,376 sqft | AED 2.2MAED 2,200,000 · Apr 2024April 2024 | 100,000 /yr | |
| 2905 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · Jun 2021June 2021 | 160,000 /yr | |
| 2906 | 2-bed | 1,376 sqft | AED 2.35MAED 2,350,000 · Nov 2025November 2025 | 100,050 /yr | |
| 2907 | 2-bed | 1,274 sqft | AED 2.6MAED 2,600,000 · Mar 2023March 2023 | 125,000 /yr | |
| 2908 | 2-bed | 1,274 sqft | AED 2.3MAED 2,300,000 · Mar 2025March 2025 | 126,000 /yr |
2901, Shams 1 in numbers
- Sold 4 times: first on 19 September 2011 for AED 1,069,182, last on 19 November 2024 for AED 2,400,000 (AED 1,883 per sqft).
- Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 76,000 in 2021 and recovered to AED 130,000 by November 2023.
- At AED 130,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 19,100 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 19 November 2024.
Questions about 2901, Shams 1
What did unit 2901 last sell for?
AED 2,400,000 on 19 November 2024: AED 1,883 per sqft for 1,274 sqft. The unit has 4 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 2901?
AED 130,000 a year on the contract signed on 15 November 2023. The previous contract, from July 2021, was AED 86,000; the unit has been rented since April 2019.
How big is unit 2901?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 29th floor of a 43-storey tower completed in 2007.
What is unit 2901 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 2901, Shams 1
Starts from the last sale price (AED 2.4M, 19 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →