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3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 10th floor · completed 2007

1007, Shams 1

Sold prices and rental history: sold 3 times, last in January 2021, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 12 January 2021
Last soldAED 1.4M12 January 2021
Current rentAED 110K /yr7 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Shams 1

What is 1007 worth today?

Last sold for AED 1,400,000 in 2021

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12 Jan 2021SoldReady
AED 1,400,000AED 743 per sqft
7 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
17 Nov 2013SoldReady
AED 2,275,000AED 1,207 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 567 per sqft

Source: Dubai Land Department. Updated 12 January 2021.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
10th of 43
Parking
G17/ G18
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 1.4M · January 2021
Building
Shams 1

About 1007, Shams 1

1007 is a three-bedroom apartment of 1,884 sqft on the 10th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 January 2021 for AED 1,400,000, or AED 743 per sqft.

One Ejari contract is registered, from 7 February 2020. The current contract, signed on 7 February 2020, is AED 110,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 28,300 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical three-bed in Shams 1
1M2M3M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,275,000; 2014 AED 2,655,000; 2015 AED 2,750,000; 2017 AED 2,125,000; 2018 AED 2,050,000; 2021 AED 1,700,000; 2022 AED 2,067,859; 2023 AED 2,225,000; 2024 AED 2,450,000; 2025 AED 2,500,000Sold by developer, September 2011: AED 1,069,182 (AED 567 per sqft)Sold, November 2013: AED 2,275,000 (AED 1,207 per sqft)Sold, January 2021: AED 1,400,000 (AED 743 per sqft)

1007 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1007, each contractTypical three-bed in Shams 1
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,250; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 159,527; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,500; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 151,000; 2024 AED 170,000; 2025 AED 180,000New contract, February 2020: AED 110,000 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 1007 sits

All 98 3-beds →

Over the last 12 months three-beds sold for AED 2,680,000, around AED 1,422 per sqft, and rent for AED 180,000 to 215,000 a year. 1007's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 May 20252,600,000
4 Apr 20252,625,000
14 Feb 20252,500,000
11 Feb 20252,400,000
1 3-bed sale 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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,605
Typical sale
AED 2.39M
Typical rent
AED 145K /yr
Typical yield
6.3%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 309 units in Shams 1
Value
10013-bedAED 1.05M · Mar 2018
10023-bedAED 2.28M · Nov 2016
10031-bedAED 1.4M · Oct 2013
10041-bedAED 1.46M · Oct 2017
10051-bedAED 1.93M · Aug 2024
10061-bedAED 1.1M · Apr 2021
10083-bedAED 2.53M · Jun 2024

1007, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 12 January 2021 for AED 1,400,000 (AED 743 per sqft).
  • Rented since February 2020 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
  • Three-beds in Shams 1 sold for AED 2,680,000–2,680,000 in the 12 months to November 2026; the building's median across all types is AED 1,605 per sqft.

Source: Dubai Land Department. Updated 12 January 2021.

Questions about 1007, Shams 1

What did unit 1007 last sell for?

AED 1,400,000 on 12 January 2021: AED 743 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 1007?

AED 110,000 a year on the contract signed on 7 February 2020.

How big is unit 1007?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 10th floor of a 43-storey tower completed in 2007.

What is unit 1007 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 2,680,000 to 2,680,000 in the last 12 months, around AED 1,422 per sqft.

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Mortgage on 1007, Shams 1

Starts from the last sale price (AED 1.4M, 12 January 2021). 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 AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →