408, Shams 1
Sold prices and rental history: sold 4 times, last in April 2025, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shams 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 4 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 4th of 43
- Parking
- M32/ T09
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.63M · April 2025
- Building
- Shams 1
About 408, Shams 1
408 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 4 April 2025 for AED 2,625,000, or AED 1,393 per sqft, 5% above the AED 1,326 three-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 21 September 2021, is AED 105,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 28,300 a year.
Sales and rents for 408 over time
408 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 408 sits
All 104 3-beds →408 last sold in April 2025 at AED 1,393 per sqft, 5% above what three-beds in Shams 1 were fetching at the time (AED 1,326). 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. 408's AED 105,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,884 sqft | 2,825,000 | 1,499 | ||
| 3 Jun 20263 June 2026 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 21 May 202621 May 2026 | 1,884 sqft | 2,580,000 | 1,369 | ||
| 15 May 202615 May 2026 | 1,884 sqft | 2,900,000 | 1,539 |
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 4th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,884 sqft | AED 2.65MAED 2,650,000 · Feb 2023February 2023 | 135,000 /yr | |
| 402 | 3-bed | 1,884 sqft | AED 2.4MAED 2,396,100 · Dec 2013December 2013 | 190,000 /yr | |
| 403 | 1-bed | 1,182 sqft | AED 1.46MAED 1,458,000 · May 2016May 2016 | 103,950 /yr | |
| 404 | 1-bed | 1,182 sqft | AED 803KAED 802,839 · Dec 2020December 2020 | ||
| 405 | 1-bed | 1,182 sqft | AED 1.57MAED 1,570,000 · Dec 2014December 2014 | 100,000 /yr | |
| 406 | 1-bed | 1,182 sqft | AED 1.25MAED 1,250,000 · Oct 2013October 2013 | 110,000 /yr | |
| 407 | 3-bed | 1,884 sqft | AED 2.13MAED 2,125,000 · Nov 2013November 2013 | 132,855 /yr |
408, Shams 1 in numbers
- Sold 4 times: first on 19 September 2011 for AED 1,069,182, last on 4 April 2025 for AED 2,625,000 (AED 1,393 per sqft).
- Rented since June 2012 on 3 Ejari contracts, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2025 price is 4.0%, 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 4 April 2025.
Questions about 408, Shams 1
What did unit 408 last sell for?
AED 2,625,000 on 4 April 2025: AED 1,393 per sqft for 1,884 sqft. The unit has 4 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 408?
AED 105,000 a year on the contract signed on 21 September 2021. The previous contract, from June 2013, was AED 110,250; the unit has been rented since June 2012.
How big is unit 408?
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 408 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.
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Mortgage on 408, Shams 1
Starts from the last sale price (AED 2.63M, 4 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,625,000
- Deposit, UAE resident (20%)
- AED 525,000
- Deposit, non-resident (40%)
- AED 1,050,000
- Monthly over 25 years at 3.7%
- AED 10,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →