306, Shams 1
Sold prices and rental history: sold 3 times, last in October 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Shams 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 3rd of 43
- Parking
- B333
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.45M · October 2015
- Building
- Shams 1
About 306, Shams 1
306 is a one-bedroom apartment of 1,182 sqft on the 3rd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 October 2015 for AED 1,450,000, or AED 1,226 per sqft, 10% below the AED 1,356 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 30 September 2026, is AED 100,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 17,800 a year.
Sales and rents for 306 over time
306 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shams 1, and where 306 sits
All 84 1-beds →306 last sold in October 2015 at AED 1,226 per sqft, 10% below what one-beds in Shams 1 were fetching at the time (AED 1,356). Over the last 12 months one-beds sold for AED 900,000 to 3,500,000, around AED 1,426 per sqft, and rent for AED 80,000 to 167,000 a year. 306's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,199 sqft | 1,300,000 | 1,084 | ||
| 5 Aug 20265 August 2026 | 1,522 sqft | 3,500,000 | 2,299 | ||
| 17 Apr 202617 April 2026 | 1,199 sqft | 1,570,150 | 1,309 | ||
| 6 Apr 20266 April 2026 | 2,598 sqft | 3,260,000 | 1,254 |
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 3rd floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,884 sqft | AED 2.8MAED 2,800,000 · Aug 2014August 2014 | 145,000 /yr | |
| 302 | 3-bed | 1,884 sqft | AED 2.4MAED 2,396,100 · Dec 2013December 2013 | 140,000 /yr | |
| 303 | 1-bed | 1,182 sqft | AED 1.3MAED 1,300,000 · Sep 2017September 2017 | 85,000 /yr | |
| 304 | 1-bed | 1,182 sqft | AED 1.78MAED 1,775,000 · Jan 2026January 2026 | 90,000 /yr | |
| 305 | 1-bed | 1,182 sqft | AED 1.53MAED 1,530,000 · May 2024May 2024 | 90,000 /yr | |
| 307 | 3-bed | 1,884 sqft | AED 1.8MAED 1,800,000 · Nov 2022November 2022 | 95,000 /yr | |
| 308 | 3-bed | 1,884 sqft | AED 2.88MAED 2,875,000 · Nov 2014November 2014 | 110,250 /yr |
306, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 5 October 2015 for AED 1,450,000 (AED 1,226 per sqft).
- Rented since November 2015 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 100,000 by September 2026.
- At AED 100,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 17,800 a year (AED 15.02 per sqft).
- One-beds in Shams 1 sold for AED 900,000–3,500,000 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 30 September 2026.
Questions about 306, Shams 1
What did unit 306 last sell for?
AED 1,450,000 on 5 October 2015: AED 1,226 per sqft for 1,182 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 306?
AED 100,000 a year on the contract renewed on 30 September 2026. The previous contract, from September 2025, was AED 100,000; the unit has been rented since November 2015.
How big is unit 306?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2007.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 900,000 to 3,500,000 in the last 12 months, around AED 1,426 per sqft.
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Mortgage on 306, Shams 1
Starts from the last sale price (AED 1.45M, 5 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →