3504, Shams 1
Sold prices and rental history: sold twice, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3504, Shams 1
What is 3504 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,376 sqft
- Floor
- 35th of 43
- Parking
- B73
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.75M · May 2022
- Building
- Shams 1
About 3504, Shams 1
3504 is a two-bedroom apartment of 1,376 sqft on the 35th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 May 2022 for AED 1,750,000, or AED 1,272 per sqft, in line with the AED 1,307 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 149,100 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 20,700 a year.
Sales and rents for 3504 over time
3504 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 3504 sits
All 125 2-beds →3504 last sold in May 2022 at AED 1,272 per sqft, in line with 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. 3504's AED 149,100 is in the upper 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 35th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,274 sqft | AED 1.8MAED 1,800,000 · Mar 2022March 2022 | 140,000 /yr | |
| 3502 | 2-bed | 1,274 sqft | AED 1.78MAED 1,775,000 · May 2022May 2022 | 149,100 /yr | |
| 3503 | 2-bed | 1,376 sqft | AED 2.55MAED 2,550,000 · Nov 2023November 2023 | 123,871 /yr | |
| 3505 | 2-bed | 1,376 sqft | AED 4.1MAED 4,100,000 · May 2025May 2025 | 117,549 /yr | |
| 3506 | 2-bed | 1,376 sqft | AED 2.35MAED 2,350,000 · Aug 2025August 2025 | 120,000 /yr | |
| 3507 | 2-bed | 1,274 sqft | AED 2.55MAED 2,550,550 · Nov 2014November 2014 | 145,000 /yr | |
| 3508 | 2-bed | 1,274 sqft | AED 2.2MAED 2,200,000 · Aug 2024August 2024 | 90,000 /yr |
3504, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 23 May 2022 for AED 1,750,000 (AED 1,272 per sqft).
- Rented since June 2022 on 3 Ejari contracts, from AED 142,000 to AED 149,100 a year.
- At AED 149,100 a year the gross yield on the 2022 price is 8.5%, 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 25 June 2024.
Questions about 3504, Shams 1
What did unit 3504 last sell for?
AED 1,750,000 on 23 May 2022: AED 1,272 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 3504?
AED 149,100 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 149,100; the unit has been rented since June 2022.
How big is unit 3504?
1,376 sqft (127.8 sqm): a two-bedroom apartment on the 35th floor of a 43-storey tower completed in 2007.
What is unit 3504 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 3504, Shams 1
Starts from the last sale price (AED 1.75M, 23 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →