602, Shams 1
Sold prices and rental history: sold 3 times, last in November 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Shams 1
What is 602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 6th of 43
- Parking
- G76/ T1
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.49M · November 2019
- Building
- Shams 1
About 602, Shams 1
602 is a three-bedroom apartment of 1,884 sqft on the 6th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 November 2019 for AED 1,485,000, or AED 788 per sqft, 11% below the AED 889 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 12 July 2025, is AED 148,500 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 28,300 a year.
Sales and rents for 602 over time
602 has sold 3 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 602 sits
All 104 3-beds →602 last sold in November 2019 at AED 788 per sqft, 11% below what three-beds in Shams 1 were fetching at the time (AED 889). 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. 602's AED 148,500 is in the lower half 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 6th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,884 sqft | AED 2.65MAED 2,650,000 · Dec 2024December 2024 | ||
| 603 | 1-bed | 1,182 sqft | AED 1.3MAED 1,300,000 · Jul 2017July 2017 | 85,000 /yr | |
| 604 | 1-bed | 1,182 sqft | AED 1.42MAED 1,415,000 · Oct 2017October 2017 | 115,000 /yr | |
| 605 | 1-bed | 1,182 sqft | AED 1.58MAED 1,575,000 · Jan 2014January 2014 | 110,000 /yr | |
| 606 | 1-bed | 1,182 sqft | AED 860KAED 860,000 · Apr 2021April 2021 | 88,935 /yr | |
| 607 | 3-bed | 1,884 sqft | AED 2.6MAED 2,600,000 · Feb 2014February 2014 | 105,000 /yr | |
| 608 | 3-bed | 1,884 sqft | AED 2.05MAED 2,050,000 · Jun 2018June 2018 | 155,000 /yr |
602, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 27 November 2019 for AED 1,485,000 (AED 788 per sqft).
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 125,000 in 2019 and recovered to AED 148,500 by July 2025.
- At AED 148,500 a year the gross yield on the 2019 price is 10.0%, 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 12 July 2025.
Questions about 602, Shams 1
What did unit 602 last sell for?
AED 1,485,000 on 27 November 2019: AED 788 per sqft for 1,884 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 602?
AED 148,500 a year on the contract renewed on 12 July 2025. The previous contract, from July 2024, was AED 148,500; the unit has been rented since July 2016.
How big is unit 602?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 6th floor of a 43-storey tower completed in 2007.
What is unit 602 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 602? 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.
Mortgage on 602, Shams 1
Starts from the last sale price (AED 1.49M, 27 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,485,000
- Deposit, UAE resident (20%)
- AED 297,000
- Deposit, non-resident (40%)
- AED 594,000
- Monthly over 25 years at 3.7%
- AED 6,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →