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1-bed · 1,342 sqftShams 1, Jumeirah Beach Residence · completed 2007

UP03, Shams 1

Sold prices and rental history: sold 5 times, last in September 2025, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP03 · DLD and Ejari recordsUpdated 9 September 2025
Last soldAED 1.75M9 September 2025
Current rentAED 100K /yr14 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP03, Shams 1

What is UP03 worth today?

Last sold for AED 1,750,000 in 2025

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9 Sep 2025SoldReady
AED 1,750,000AED 1,304 per sqft
1 Mar 2023SoldReady
AED 1,450,000AED 1,080 per sqft
14 Feb 2018SoldReady
AED 1,350,000AED 1,006 per sqft
14 Dec 2014RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
14 Dec 2013RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
17 Nov 2013SoldReady
AED 1,300,000AED 969 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 796 per sqft

Source: Dubai Land Department. Updated 9 September 2025.

Key facts

Type
1-bed apartment
Size
1,342 sqft
Parking
B-321
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,100 /yr
Last sold
AED 1.75M · September 2025
Building
Shams 1

About UP03, Shams 1

UP03 is a one-bedroom apartment of 1,342 sqft of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 September 2025 for AED 1,750,000, or AED 1,304 per sqft, 4% below the AED 1,353 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 14 December 2014, is AED 100,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 20,100 a year.

Sales and rents for UP03 over time

Sales
Unit UP03, 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 796 per sqft)Sold, November 2013: AED 1,300,000 (AED 969 per sqft)Sold, February 2018: AED 1,350,000 (AED 1,006 per sqft)Sold, March 2023: AED 1,450,000 (AED 1,080 per sqft)Sold, September 2025: AED 1,750,000 (AED 1,304 per sqft)

UP03 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit UP03, each contractTypical one-bed in Shams 1
75K100K125K2012201620202024Typical 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, December 2013: AED 100,000 a yearNew contract, December 2014: AED 100,000 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 UP03 sits

All 84 1-beds →

UP03 last sold in September 2025 at AED 1,304 per sqft, 4% below what one-beds in Shams 1 were fetching at the time (AED 1,353). 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. UP03's AED 100,000 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 →

UP03, Shams 1 in numbers

  • Sold 5 times: first on 19 September 2011 for AED 1,069,182, last on 9 September 2025 for AED 1,750,000 (AED 1,304 per sqft).
  • Rented since December 2013 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 20,100 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 9 September 2025.

Questions about UP03, Shams 1

What did unit UP03 last sell for?

AED 1,750,000 on 9 September 2025: AED 1,304 per sqft for 1,342 sqft. The unit has 5 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit UP03?

AED 100,000 a year on the contract signed on 14 December 2014. The previous contract, from December 2013, was AED 100,000.

How big is unit UP03?

1,342 sqft (124.7 sqm): a one-bedroom apartment of a 43-storey tower completed in 2007.

What is unit UP03 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 UP03, Shams 1

Starts from the last sale price (AED 1.75M, 9 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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