1-bed · 1,199 sqftShams 1, Jumeirah Beach Residence · 9th floor · completed 2007

906, Shams 1

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 1.4M11 April 2018
Current rentAED 120K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Shams 1

What is 906 worth today?

Last sold for AED 1,400,000 in 2018

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28 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
10 Oct 2022RentedRenewal
AED 78,750/yr12 months · AED 66 per sqft
10 Oct 2021RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
1 Oct 2020RentedNew contract
AED 60,000/yr13 months · AED 50 per sqft
11 Apr 2018SoldReady
AED 1,400,000AED 1,167 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 891 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
1,199 sqft
Floor
9th of 43
Parking
B06
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 1.4M · April 2018
Building
Shams 1

About 906, Shams 1

906 is a one-bedroom apartment of 1,199 sqft on the 9th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 April 2018 for AED 1,400,000, or AED 1,167 per sqft, in line with the AED 1,147 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 28 October 2024, is AED 120,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 18,000 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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 891 per sqft)Sold, April 2018: AED 1,400,000 (AED 1,167 per sqft)

906 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 906, each contractTypical one-bed in Shams 1
50K100K2012201620202024Typical 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, October 2020: AED 60,000 a yearNew contract, October 2021: AED 75,000 a yearRenewal, October 2022: AED 78,750 a yearNew contract, October 2024: AED 120,000 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 906 sits

All 84 1-beds →

906 last sold in April 2018 at AED 1,167 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,147). 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. 906's AED 120,000 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 9th floor

All 309 units in Shams 1
Value
9013-bedAED 1.5M · Feb 2021
9023-bedAED 1.7M · Nov 2021
9031-bedAED 1.34M · May 2022
9041-bedAED 1.6M · Jan 2025
9051-bedAED 1.75M · Mar 2014
9073-bedAED 2.13M · Sep 2017
9083-bedAED 2.07M · Mar 2022

906, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 11 April 2018 for AED 1,400,000 (AED 1,167 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 18,000 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 28 October 2024.

Questions about 906, Shams 1

What did unit 906 last sell for?

AED 1,400,000 on 11 April 2018: AED 1,167 per sqft for 1,199 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 906?

AED 120,000 a year on the contract signed on 28 October 2024. The previous contract, from October 2022, was AED 78,750; the unit has been rented since October 2020.

How big is unit 906?

1,199 sqft (111.4 sqm): a one-bedroom apartment on the 9th floor of a 43-storey tower completed in 2007.

What is unit 906 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 906, Shams 1

Starts from the last sale price (AED 1.4M, 11 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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