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2-bed · 3,403 sqftShams 1, Jumeirah Beach Residence · completed 2007

P28&29, Shams 1

Sold prices and rental history: sold twice, last in April 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P28&29 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 4.33M7 April 2026
Current rentAED 90K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P28&29, Shams 1

What is P28&29 worth today?

Last sold for AED 4,326,857 in 2026

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7 Apr 2026SoldReady
AED 4,326,857AED 1,271 per sqft
12 Oct 2024RentedRenewal
AED 90,000/yr24 months · AED 26 per sqft
12 Oct 2022RentedRenewal
AED 80,000/yr24 months · AED 24 per sqft
12 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 24 per sqft
12 Oct 2020RentedNew contract
AED 75,000/yr12 months · AED 22 per sqft
29 Apr 2019Sold by developerReady
AED 2,050,000AED 602 per sqft
23 May 2018RentedRenewal · flagged as an outlier
AED 67,500/yr6 months · AED 20 per sqft
23 May 2017RentedRenewal
AED 67,500/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
2-bed apartment
Size
3,403 sqft
Parking
M-322
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,100 /yr
Last sold
AED 4.33M · April 2026
Building
Shams 1

About P28&29, Shams 1

P28&29 is a two-bedroom apartment of 3,403 sqft of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 April 2026 for AED 4,326,857, or AED 1,271 per sqft, 26% below the AED 1,726 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 12 October 2024, is AED 90,000 a year: a gross yield of 2.1% on the 2026 price, before the service charge of about AED 51,100 a year.

Sales and rents for P28&29 over time

Sales
Unit P28&29, each saleTypical two-bed in Shams 1
2M4M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,111,900; 2014 AED 2,175,000; 2017 AED 1,850,000; 2018 AED 2,000,000; 2019 AED 2,200,000; 2021 AED 1,730,000; 2022 AED 1,775,000; 2023 AED 2,062,500; 2024 AED 2,212,500; 2025 AED 2,325,000; 2026 AED 2,125,000Sold by developer, April 2019: AED 2,050,000 (AED 602 per sqft)Sold, April 2026: AED 4,326,857 (AED 1,271 per sqft)

P28&29 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P28&29, each contractTypical two-bed in Shams 1
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 94,500; 2014 AED 155,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 95,625; 2022 AED 127,500; 2023 AED 142,500; 2024 AED 149,100; 2025 AED 147,000; 2026 AED 120,000New contract, May 2016: AED 67,500 a yearRenewal, May 2017: AED 67,500 a yearNew contract, October 2020: AED 75,000 a yearRenewal, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearRenewal, October 2024: AED 90,000 a year

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

2-beds in Shams 1, and where P28&29 sits

All 125 2-beds →

P28&29 last sold in April 2026 at AED 1,271 per sqft, 26% below what two-beds in Shams 1 were fetching at the time (AED 1,726). Over the last 12 months two-beds sold for AED 1,950,000 to 4,326,857, around AED 1,562 per sqft, and rent for AED 68,200 to 200,000 a year. P28&29's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20262,150,000
2 Sep 20262,100,000
3 Jul 20262,100,000
10 Mar 20261,950,000
7 2-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 →

P28&29, Shams 1 in numbers

  • Sold twice: first on 29 April 2019 for AED 2,050,000, last on 7 April 2026 for AED 4,326,857 (AED 1,271 per sqft).
  • Rented since May 2016 on 7 Ejari contracts, from AED 67,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 2.1%, before a service charge of about AED 51,100 a year (AED 15.02 per sqft).
  • Two-beds in Shams 1 sold for AED 1,950,000–4,326,857 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 7 April 2026.

Questions about P28&29, Shams 1

What did unit P28&29 last sell for?

AED 4,326,857 on 7 April 2026: AED 1,271 per sqft for 3,403 sqft. The unit has 2 registered sales; the first was AED 2,050,000 in April 2019.

What is the rent for unit P28&29?

AED 90,000 a year on the contract renewed on 12 October 2024. The previous contract, from October 2022, was AED 80,000; the unit has been rented since May 2016.

How big is unit P28&29?

3,403 sqft (316.1 sqm): a two-bedroom apartment of a 43-storey tower completed in 2007.

What is unit P28&29 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 1 sold for AED 1,950,000 to 4,326,857 in the last 12 months, around AED 1,562 per sqft.

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Mortgage on P28&29, Shams 1

Starts from the last sale price (AED 4.33M, 7 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,326,857
Deposit, UAE resident (20%)
AED 865,371
Deposit, non-resident (40%)
AED 1,730,743
Monthly over 25 years at 3.7%
AED 17,703

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