1-bed · 1,182 sqftShams 1, Jumeirah Beach Residence · 6th floor · completed 2007

606, Shams 1

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 860K1 April 2021
Current rentAED 89K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Shams 1

What is 606 worth today?

Last sold for AED 860,000 in 2021

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20 Nov 2024RentedRenewal
AED 88,935/yr12 months · AED 76 per sqft
20 Nov 2023RentedRenewal
AED 80,850/yr12 months · AED 69 per sqft
20 Nov 2022RentedNew contract
AED 77,000/yr12 months · AED 65 per sqft
1 Apr 2021SoldReady
AED 860,000AED 727 per sqft
20 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
30 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
1 Apr 2015RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
20 May 2014RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
6th of 43
Parking
B143
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 860K · April 2021
Building
Shams 1

About 606, Shams 1

606 is a one-bedroom apartment of 1,182 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 1 April 2021 for AED 860,000, or AED 727 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 88,935 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 17,800 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in Shams 1
1M1.5M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 1,250,000; 2014 AED 1,662,500; 2015 AED 1,470,000; 2017 AED 1,375,000; 2018 AED 1,375,000; 2019 AED 1,600,000; 2021 AED 1,300,000; 2022 AED 1,450,000; 2023 AED 1,440,000; 2024 AED 1,590,000; 2025 AED 1,640,000; 2026 AED 1,710,000Sold by developer, September 2011: AED 1,069,182 (AED 904 per sqft)Sold, February 2014: AED 1,575,000 (AED 1,332 per sqft)Sold, April 2021: AED 860,000 (AED 727 per sqft)

606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 606, each contractTypical one-bed in Shams 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 70,438; 2013 AED 102,500; 2014 AED 117,750; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,500; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 94,750; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 100,000New contract, May 2014: AED 120,000 a yearNew contract, April 2015: AED 120,000 a yearNew contract, November 2017: AED 100,000 a yearNew contract, November 2018: AED 90,000 a yearNew contract, November 2022: AED 77,000 a yearRenewal, November 2023: AED 80,850 a yearRenewal, November 2024: AED 88,935 a year

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

1-beds in Shams 1, and where 606 sits

All 84 1-beds →

Over the last 12 months one-beds sold for AED 900,000 to 3,500,000, around AED 1,426 per sqft, and rent for AED 80,000 to 167,000 a year. 606's AED 88,935 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,300,000
5 Aug 20263,500,000
17 Apr 20261,570,150
6 Apr 20263,260,000
7 1-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 6th floor

All 309 units in Shams 1
Value
6013-bedAED 2.65M · Dec 2024
6023-bedAED 1.49M · Nov 2019
6031-bedAED 1.3M · Jul 2017
6041-bedAED 1.42M · Oct 2017
6051-bedAED 1.58M · Jan 2014
6073-bedAED 2.6M · Feb 2014
6083-bedAED 2.05M · Jun 2018

606, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 1 April 2021 for AED 860,000 (AED 727 per sqft).
  • Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 77,000 in 2022 and recovered to AED 88,935 by November 2024.
  • At AED 88,935 a year the gross yield on the 2021 price is 10.3%, before a service charge of about AED 17,800 a year (AED 15.02 per sqft).
  • One-beds in Shams 1 sold for AED 900,000–3,500,000 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 20 November 2024.

Questions about 606, Shams 1

What did unit 606 last sell for?

AED 860,000 on 1 April 2021: AED 727 per sqft for 1,182 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 606?

AED 88,935 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 80,850; the unit has been rented since May 2014.

How big is unit 606?

1,182 sqft (109.8 sqm): a one-bedroom apartment on the 6th floor of a 43-storey tower completed in 2007.

What is unit 606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 900,000 to 3,500,000 in the last 12 months, around AED 1,426 per sqft.

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Mortgage on 606, Shams 1

Starts from the last sale price (AED 860K, 1 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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