3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 18th floor · completed 2007

1802, Shams 1

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 3.6M10 July 2024
Current rentAED 140K /yr29 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Shams 1

What is 1802 worth today?

Last sold for AED 3,600,000 in 2024

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10 Jul 2024SoldReady
AED 3,600,000AED 1,910 per sqft
3 Oct 2023SoldReady
AED 2,450,000AED 1,300 per sqft
29 Aug 2022RentedRenewal
AED 140,000/yr12 months · AED 74 per sqft
29 Aug 2021RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
5 Apr 2019RentedNew contract
AED 115,714/yr14 months · AED 61 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 567 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2024.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
18th of 43
Parking
M66/ M67
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 3.6M · July 2024
Building
Shams 1

About 1802, Shams 1

1802 is a three-bedroom apartment of 1,884 sqft on the 18th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 July 2024 for AED 3,600,000, or AED 1,910 per sqft, 48% above the AED 1,292 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 29 August 2022, is AED 140,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 28,300 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical three-bed in Shams 1
2M4M2011201520192023Typical 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, October 2023: AED 2,450,000 (AED 1,300 per sqft)Sold, July 2024: AED 3,600,000 (AED 1,910 per sqft)

1802 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1802, 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, April 2019: AED 115,714 a yearNew contract, August 2021: AED 130,000 a yearRenewal, August 2022: AED 140,000 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 1802 sits

All 98 3-beds →

1802 last sold in July 2024 at AED 1,910 per sqft, 48% above what three-beds in Shams 1 were fetching at the time (AED 1,292). 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. 1802's AED 140,000 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 18th floor

All 309 units in Shams 1
Value
18013-bedAED 1.97M · Aug 2021
18031-bedAED 1.5M · Apr 2015
18041-bedAED 1.3M · Aug 2021
18051-bedAED 1.4M · Oct 2013
18061-bedAED 1.66M · Feb 2014
18073-bedAED 2.5M · Feb 2025
18083-bedAED 2.4M · Jan 2025

1802, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 10 July 2024 for AED 3,600,000 (AED 1,910 per sqft).
  • Rented since April 2019 on 3 Ejari contracts, from AED 115,714 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 3.9%, 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: YallaValue analysis of Dubai Land Department records. Updated 10 July 2024.

Questions about 1802, Shams 1

What did unit 1802 last sell for?

AED 3,600,000 on 10 July 2024: AED 1,910 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 1802?

AED 140,000 a year on the contract renewed on 29 August 2022. The previous contract, from August 2021, was AED 130,000; the unit has been rented since April 2019.

How big is unit 1802?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 18th floor of a 43-storey tower completed in 2007.

What is unit 1802 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 1802, Shams 1

Starts from the last sale price (AED 3.6M, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →