1603, Shams 1
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Shams 1
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,199 sqft
- Floor
- 16th of 43
- Parking
- B30
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.4M · May 2023
- Building
- Shams 1
About 1603, Shams 1
1603 is a one-bedroom apartment of 1,199 sqft on the 16th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 May 2023 for AED 1,400,000, or AED 1,167 per sqft, in line with the AED 1,167 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 120,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 18,000 a year.
Sales and rents for 1603 over time
1603 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 81 1-beds →1603 last sold in May 2023 at AED 1,167 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,167). Over the last 12 months one-beds sold for AED 1,775,000, around AED 1,501 per sqft, and rent for AED 92,000 to 145,171 a year. 1603's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,182 sqft | 1,775,000 | 1,501 | ||
| 8 May 20258 May 2025 | 485 sqft | 1,480,387 | 3,054 | ||
| 24 Apr 202524 April 2025 | 1,182 sqft | 1,600,000 | 1,353 | ||
| 24 Mar 202524 March 2025 | 1,342 sqft | 1,642,322 | 1,224 |
Shams 1
Building309 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%
Other units on the 16th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,884 sqft | AED 1.9MAED 1,900,000 · Mar 2022March 2022 | 130,000 /yr | |
| 1602 | 3-bed | 1,884 sqft | AED 1.9MAED 1,900,000 · Apr 2022April 2022 | 175,000 /yr | |
| 1604 | 1-bed | 1,199 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | 105,000 /yr | |
| 1605 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Sep 2022September 2022 | 95,000 /yr | |
| 1606 | 1-bed | 1,199 sqft | AED 1.37MAED 1,365,000 · Oct 2021October 2021 | 96,000 /yr | |
| 1607 | 3-bed | 1,884 sqft | AED 2.45MAED 2,450,000 · Oct 2023October 2023 | 130,000 /yr | |
| 1608 | 3-bed | 1,884 sqft | AED 2.8MAED 2,800,000 · Mar 2015March 2015 | 108,000 /yr |
1603, Shams 1 in numbers
- Sold 4 times: first on 19 September 2011 for AED 1,069,182, last on 3 May 2023 for AED 1,400,000 (AED 1,167 per sqft).
- Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 52,000 in 2020 and recovered to AED 120,000 by October 2025.
- At AED 120,000 a year the gross yield on the 2023 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 1,775,000–1,775,000 in the 12 months to November 2026; the building's median across all types is AED 1,605 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.
Questions about 1603, Shams 1
What did unit 1603 last sell for?
AED 1,400,000 on 3 May 2023: AED 1,167 per sqft for 1,199 sqft. The unit has 4 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 1603?
AED 120,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 120,000; the unit has been rented since April 2017.
How big is unit 1603?
1,199 sqft (111.4 sqm): a one-bedroom apartment on the 16th floor of a 43-storey tower completed in 2007.
What is unit 1603 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 1,775,000 to 1,775,000 in the last 12 months, around AED 1,501 per sqft.
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Mortgage on 1603, Shams 1
Starts from the last sale price (AED 1.4M, 3 May 2023). 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 →