2-bed · 1,376 sqftShams 1, Jumeirah Beach Residence · 34th floor · completed 2007

3405, Shams 1

Sold prices and rental history: sold twice, last in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3405 · DLD and Ejari recordsUpdated 9 August 2017
Last soldAED 2.7M9 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, Shams 1

What is 3405 worth today?

Last sold for AED 2,700,000 in 2017

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9 Aug 2017SoldReady
AED 2,700,000AED 1,962 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 777 per sqft

Source: Dubai Land Department. Updated 9 August 2017.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
34th of 43
Parking
M120
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.7M · August 2017
Building
Shams 1

About 3405, Shams 1

3405 is a two-bedroom apartment of 1,376 sqft on the 34th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 August 2017 for AED 2,700,000, or AED 1,962 per sqft, 27% above the AED 1,544 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3405 over time

Sales
Unit 3405, 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, August 2017: AED 2,700,000 (AED 1,962 per sqft)

3405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3405, 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 120,000

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 3405 sits

All 125 2-beds →

3405 last sold in August 2017 at AED 1,962 per sqft, 27% above 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.

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 34th floor

All 309 units in Shams 1
Value
34012-bedAED 2.35M · Jul 2024
34022-bedAED 1.78M · May 2022
34032-bedAED 2.55M · Jun 2022
34042-bedAED 2.3M · Jul 2024
34062-bedAED 2.15M · Sep 2026
34072-bedAED 1.74M · May 2021
34082-bedAED 1.8M · May 2022

3405, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 9 August 2017 for AED 2,700,000 (AED 1,962 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 9 August 2017.

Questions about 3405, Shams 1

What did unit 3405 last sell for?

AED 2,700,000 on 9 August 2017: AED 1,962 per sqft for 1,376 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

How big is unit 3405?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 34th floor of a 43-storey tower completed in 2007.

What is unit 3405 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 3405, Shams 1

Starts from the last sale price (AED 2.7M, 9 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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