706, Shams 1
Sold prices and rental history: sold 5 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Shams 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 13 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 7th of 43
- Parking
- B146
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.65M · January 2024
- Building
- Shams 1
About 706, Shams 1
706 is a one-bedroom apartment of 1,182 sqft on the 7th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 January 2024 for AED 1,650,000, or AED 1,395 per sqft, 18% above the AED 1,187 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 13 May 2026, is AED 130,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 17,800 a year.
Sales and rents for 706 over time
706 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 706 sits
All 84 1-beds →706 last sold in January 2024 at AED 1,395 per sqft, 18% above what one-beds in Shams 1 were fetching at the time (AED 1,187). 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. 706's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,199 sqft | 1,300,000 | 1,084 | ||
| 5 Aug 20265 August 2026 | 1,522 sqft | 3,500,000 | 2,299 | ||
| 17 Apr 202617 April 2026 | 1,199 sqft | 1,570,150 | 1,309 | ||
| 6 Apr 20266 April 2026 | 2,598 sqft | 3,260,000 | 1,254 |
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 7th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,884 sqft | AED 2.11MAED 2,113,000 · Mar 2023March 2023 | 100,000 /yr | |
| 702 | 3-bed | 1,884 sqft | AED 2.2MAED 2,200,000 · Oct 2023October 2023 | 131,250 /yr | |
| 703 | 1-bed | 1,182 sqft | AED 1.25MAED 1,250,000 · Oct 2013October 2013 | 80,000 /yr | |
| 704 | 1-bed | 1,182 sqft | AED 1.6MAED 1,600,000 · Apr 2025April 2025 | 80,000 /yr | |
| 705 | 1-bed | 1,182 sqft | AED 1.55MAED 1,550,000 · Jan 2014January 2014 | 92,000 /yr | |
| 707 | 3-bed | 1,884 sqft | AED 2.3MAED 2,300,000 · Jun 2023June 2023 | 180,124 /yr | |
| 708 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2026June 2026 | 180,000 /yr |
706, Shams 1 in numbers
- Sold 5 times: first on 19 September 2011 for AED 1,069,182, last on 18 January 2024 for AED 1,650,000 (AED 1,395 per sqft).
- Rented since March 2014 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 130,000 by May 2026.
- At AED 130,000 a year the gross yield on the 2024 price is 7.9%, 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 13 May 2026.
Questions about 706, Shams 1
What did unit 706 last sell for?
AED 1,650,000 on 18 January 2024: AED 1,395 per sqft for 1,182 sqft. The unit has 5 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 706?
AED 130,000 a year on the contract renewed on 13 May 2026. The previous contract, from May 2025, was AED 130,000; the unit has been rented since March 2014.
How big is unit 706?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2007.
What is unit 706 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 706, Shams 1
Starts from the last sale price (AED 1.65M, 18 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →