3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 4th floor · completed 2007

402, Shams 1

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 2.4M22 December 2013
Current rentAED 190K /yr22 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shams 1

What is 402 worth today?

Last sold for AED 2,396,100 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jul 2025RentedNew contract
AED 190,000/yr36 months · AED 101 per sqft
1 Oct 2022RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
14 May 2021RentedRenewal
AED 136,578/yr17 months · AED 73 per sqft
14 May 2019RentedRenewal
AED 145,000/yr12 months · AED 77 per sqft
14 May 2018RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
24 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
13 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 90 per sqft
22 Dec 2013SoldReady
AED 2,396,100AED 1,271 per sqft

Source: Dubai Land Department. Updated 22 July 2025.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
4th of 43
Parking
M33/T10
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.4M · December 2013
Building
Shams 1

About 402, Shams 1

402 is a three-bedroom apartment of 1,884 sqft on the 4th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 December 2013 for AED 2,396,100, or AED 1,271 per sqft, 4% above the AED 1,220 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 22 July 2025, is AED 190,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 28,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Shams 1
1M2M3M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,300,000; 2014 AED 2,655,000; 2015 AED 2,750,000; 2017 AED 2,125,000; 2018 AED 2,050,000; 2019 AED 1,675,000; 2021 AED 1,800,000; 2022 AED 2,078,930; 2023 AED 2,262,500; 2024 AED 2,450,000; 2025 AED 2,500,000; 2026 AED 2,752,500Sold by developer, September 2011: AED 1,069,182 (AED 567 per sqft)Sold, December 2013: AED 2,396,100 (AED 1,271 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shams 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,250; 2014 AED 170,000; 2015 AED 170,250; 2016 AED 170,000; 2017 AED 159,527; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 180,000; 2026 AED 180,000New contract, June 2016: AED 170,000 a yearNew contract, September 2017: AED 150,000 a yearNew contract, May 2018: AED 145,000 a yearRenewal, May 2019: AED 145,000 a yearRenewal, May 2021: AED 136,578 a yearRenewal, October 2022: AED 130,000 a yearNew contract, July 2025: AED 190,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shams 1, and where 402 sits

All 104 3-beds →

402 last sold in December 2013 at AED 1,271 per sqft, 4% above what three-beds in Shams 1 were fetching at the time (AED 1,220). Over the last 12 months three-beds sold for AED 2,500,000 to 2,935,000, around AED 1,461 per sqft, and rent for AED 145,000 to 250,000 a year. 402's AED 190,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20262,825,000
3 Jun 20262,500,000
21 May 20262,580,000
15 May 20262,900,000
6 3-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 4th floor

All 309 units in Shams 1
Value
4013-bedAED 2.65M · Feb 2023
4031-bedAED 1.46M · May 2016
4041-bedAED 803K · Dec 2020
4051-bedAED 1.57M · Dec 2014
4061-bedAED 1.25M · Oct 2013
4073-bedAED 2.13M · Nov 2013
4083-bedAED 2.63M · Apr 2025

402, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 22 December 2013 for AED 2,396,100 (AED 1,271 per sqft).
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2022 and recovered to AED 190,000 by July 2025.
  • At AED 190,000 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
  • Three-beds in Shams 1 sold for AED 2,500,000–2,935,000 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 22 July 2025.

Questions about 402, Shams 1

What did unit 402 last sell for?

AED 2,396,100 on 22 December 2013: AED 1,271 per sqft for 1,884 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 402?

AED 190,000 a year on the contract signed on 22 July 2025. The previous contract, from October 2022, was AED 130,000; the unit has been rented since June 2016.

How big is unit 402?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 4th floor of a 43-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 1 sold for AED 2,500,000 to 2,935,000 in the last 12 months, around AED 1,461 per sqft.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, Shams 1

Starts from the last sale price (AED 2.4M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,396,100
Deposit, UAE resident (20%)
AED 479,220
Deposit, non-resident (40%)
AED 958,440
Monthly over 25 years at 3.7%
AED 9,803

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