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3-bed · 1,954 sqftShams 1, Jumeirah Beach Residence · completed 2007

UP01, Shams 1

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP01 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 2.15M30 October 2013
Current rentAED 194K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP01, Shams 1

What is UP01 worth today?

Last sold for AED 2,150,000 in 2013

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1 Jul 2026RentedRenewal
AED 194,250/yr12 months · AED 100 per sqft
1 Jul 2025RentedRenewal
AED 159,600/yr12 months · AED 82 per sqft
1 Jul 2025RentedRenewal
AED 159,600/yr12 months · AED 82 per sqft
1 Jul 2024RentedRenewal
AED 152,000/yr12 months · AED 78 per sqft
1 Jul 2023RentedNew contract
AED 152,000/yr12 months · AED 78 per sqft
1 Nov 2022RentedRenewal
AED 125,000/yr12 months · AED 64 per sqft
1 Nov 2021RentedNew contract
AED 125,000/yr12 months · AED 64 per sqft
30 Oct 2013SoldReady
AED 2,150,000AED 1,100 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
3-bed apartment
Size
1,954 sqft
Parking
B-104 , B-T9
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,300 /yr
Last sold
AED 2.15M · October 2013
Building
Shams 1

About UP01, Shams 1

UP01 is a three-bedroom apartment of 1,954 sqft of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 October 2013 for AED 2,150,000, or AED 1,100 per sqft, 7% below the AED 1,180 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 194,250 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 29,300 a year.

Sales and rents for UP01 over time

Sales
Unit UP01, each saleTypical three-bed in Shams 1
1M2M3M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,300,000; 2014 AED 2,655,000; 2015 AED 2,750,000; 2017 AED 2,125,000; 2018 AED 2,050,000; 2019 AED 1,675,000; 2021 AED 1,800,000; 2022 AED 2,078,930; 2023 AED 2,262,500; 2024 AED 2,450,000; 2025 AED 2,500,000; 2026 AED 2,752,500Sold by developer, September 2011: AED 1,069,182 (AED 547 per sqft)Sold, October 2013: AED 2,150,000 (AED 1,100 per sqft)

UP01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP01, each contractTypical three-bed in Shams 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,250; 2014 AED 170,000; 2015 AED 170,250; 2016 AED 170,000; 2017 AED 159,527; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 180,000; 2026 AED 180,000New contract, November 2021: AED 125,000 a yearRenewal, November 2022: AED 125,000 a yearNew contract, July 2023: AED 152,000 a yearRenewal, July 2024: AED 152,000 a yearRenewal, July 2025: AED 159,600 a yearRenewal, July 2025: AED 159,600 a yearRenewal, July 2026: AED 194,250 a year

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 UP01 sits

All 104 3-beds →

UP01 last sold in October 2013 at AED 1,100 per sqft, 7% below what three-beds in Shams 1 were fetching at the time (AED 1,180). 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. UP01's AED 194,250 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20262,825,000
3 Jun 20262,500,000
21 May 20262,580,000
15 May 20262,900,000
6 3-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 →

UP01, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 30 October 2013 for AED 2,150,000 (AED 1,100 per sqft).
  • Rented since November 2021 on 7 Ejari contracts, from AED 125,000 to AED 194,250 a year.
  • At AED 194,250 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 29,300 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 1 July 2026.

Questions about UP01, Shams 1

What did unit UP01 last sell for?

AED 2,150,000 on 30 October 2013: AED 1,100 per sqft for 1,954 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit UP01?

AED 194,250 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 159,600; the unit has been rented since November 2021.

How big is unit UP01?

1,954 sqft (181.5 sqm): a three-bedroom apartment of a 43-storey tower completed in 2007.

What is unit UP01 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 UP01, Shams 1

Starts from the last sale price (AED 2.15M, 30 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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