707, Shams 1
Sold prices and rental history: sold 3 times, last in June 2023, 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 707, Shams 1
What is 707 worth today?
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Source: Dubai Land Department. Updated 19 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 7th of 43
- Parking
- G11/ G12
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.3M · June 2023
- Building
- Shams 1
About 707, Shams 1
707 is a three-bedroom apartment of 1,884 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 19 June 2023 for AED 2,300,000, or AED 1,220 per sqft, 8% above the AED 1,127 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 8 September 2017, is AED 180,124 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 28,300 a year.
Sales and rents for 707 over time
707 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 707 sits
All 104 3-beds →707 last sold in June 2023 at AED 1,220 per sqft, 8% above what three-beds in Shams 1 were fetching at the time (AED 1,127). 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. 707's AED 180,124 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 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 | |
| 706 | 1-bed | 1,182 sqft | AED 1.65MAED 1,650,000 · Jan 2024January 2024 | 130,000 /yr | |
| 708 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2026June 2026 | 180,000 /yr |
707, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 19 June 2023 for AED 2,300,000 (AED 1,220 per sqft).
- Rented since March 2014 on 4 Ejari contracts, from AED 170,000 to AED 180,124 a year.
- At AED 180,124 a year the gross yield on the 2023 price is 7.8%, 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 19 June 2023.
Questions about 707, Shams 1
What did unit 707 last sell for?
AED 2,300,000 on 19 June 2023: AED 1,220 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 707?
AED 180,124 a year on the contract signed on 8 September 2017. The previous contract, from March 2016, was AED 174,000; the unit has been rented since March 2014.
How big is unit 707?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 7th floor of a 43-storey tower completed in 2007.
What is unit 707 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 707, Shams 1
Starts from the last sale price (AED 2.3M, 19 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →