3007, Shams 1
Sold prices and rental history: sold twice, last in June 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3007, Shams 1
What is 3007 worth today?
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Source: Dubai Land Department. Updated 1 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 30th of 43
- Parking
- M50
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2M · June 2018
- Building
- Shams 1
About 3007, Shams 1
3007 is a two-bedroom apartment of 1,274 sqft on the 30th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 June 2018 for AED 2,000,000, or AED 1,569 per sqft, in line with the AED 1,544 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 110,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 19,100 a year.
Sales and rents for 3007 over time
3007 has sold twice; 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 3007 sits
All 125 2-beds →3007 last sold in June 2018 at AED 1,569 per sqft, in line with what two-beds in Shams 1 were fetching at the time (AED 1,544). 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. 3007's AED 110,000 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 30th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,274 sqft | AED 2.1MAED 2,100,000 · Jul 2026July 2026 | 135,000 /yr | |
| 3002 | 2-bed | 1,274 sqft | AED 2.35MAED 2,350,000 · Jul 2024July 2024 | 168,000 /yr | |
| 3003 | 2-bed | 1,376 sqft | AED 2.5MAED 2,500,000 · Nov 2017November 2017 | ||
| 3004 | 2-bed | 1,376 sqft | AED 1.7MAED 1,700,000 · May 2022May 2022 | 149,100 /yr | |
| 3005 | 2-bed | 1,376 sqft | AED 2.43MAED 2,425,000 · Apr 2023April 2023 | 84,475 /yr | |
| 3006 | 2-bed | 1,376 sqft | AED 1.9MAED 1,900,000 · Jun 2022June 2022 | 100,000 /yr | |
| 3008 | 2-bed | 1,274 sqft | AED 2.2MAED 2,200,000 · Sep 2025September 2025 | 126,000 /yr |
3007, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 27 June 2018 for AED 2,000,000 (AED 1,569 per sqft).
- Rented since September 2020 on 3 Ejari contracts, from AED 85,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2018 price is 5.5%, 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 1 September 2022.
Questions about 3007, Shams 1
What did unit 3007 last sell for?
AED 2,000,000 on 27 June 2018: AED 1,569 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 3007?
AED 110,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 110,000; the unit has been rented since September 2020.
How big is unit 3007?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 30th floor of a 43-storey tower completed in 2007.
What is unit 3007 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 3007, Shams 1
Starts from the last sale price (AED 2M, 27 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →