3507, Shams 1
Sold prices and rental history: sold twice, last in November 2014, 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 3507, Shams 1
What is 3507 worth today?
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Source: Dubai Land Department. Updated 16 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 35th of 43
- Parking
- M115
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2.55M · November 2014
- Building
- Shams 1
About 3507, Shams 1
3507 is a two-bedroom apartment of 1,274 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 26 November 2014 for AED 2,550,550, or AED 2,001 per sqft, 27% above the AED 1,573 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 16 August 2023, is AED 145,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 19,100 a year.
Sales and rents for 3507 over time
3507 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 3507 sits
All 125 2-beds →3507 last sold in November 2014 at AED 2,001 per sqft, 27% above what two-beds in Shams 1 were fetching at the time (AED 1,573). 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. 3507's AED 145,000 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 | |
| 3504 | 2-bed | 1,376 sqft | AED 1.75MAED 1,750,000 · May 2022May 2022 | 149,100 /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 | |
| 3508 | 2-bed | 1,274 sqft | AED 2.2MAED 2,200,000 · Aug 2024August 2024 | 90,000 /yr |
3507, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 26 November 2014 for AED 2,550,550 (AED 2,001 per sqft).
- Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2021 and recovered to AED 145,000 by August 2023.
- At AED 145,000 a year the gross yield on the 2014 price is 5.7%, 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 16 August 2023.
Questions about 3507, Shams 1
What did unit 3507 last sell for?
AED 2,550,550 on 26 November 2014: AED 2,001 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 3507?
AED 145,000 a year on the contract signed on 16 August 2023. The previous contract, from April 2021, was AED 100,000; the unit has been rented since February 2015.
How big is unit 3507?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 35th floor of a 43-storey tower completed in 2007.
What is unit 3507 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 3507, Shams 1
Starts from the last sale price (AED 2.55M, 26 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,550
- Deposit, UAE resident (20%)
- AED 510,110
- Deposit, non-resident (40%)
- AED 1,020,220
- Monthly over 25 years at 3.7%
- AED 10,435
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →