1-bed · 1,199 sqftShams 1, Jumeirah Beach Residence · 18th floor · completed 2007

1803, Shams 1

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.5M1 April 2015
Current rentAED 85K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Shams 1

What is 1803 worth today?

Last sold for AED 1,500,000 in 2015

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15 Aug 2024RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
15 Aug 2023RentedRenewal
AED 85,000/yr12 months · AED 71 per sqft
15 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
26 Dec 2019RentedRenewal
AED 84,000/yr12 months · AED 70 per sqft
26 Dec 2016RentedNew contract
AED 105,000/yr12 months · AED 88 per sqft
1 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 92 per sqft
9 Jun 2015RentedNew contract
AED 115,000/yr12 months · AED 96 per sqft
1 Apr 2015SoldReady
AED 1,500,000AED 1,251 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
1,199 sqft
Floor
18th of 43
Parking
B34
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 1.5M · April 2015
Building
Shams 1

About 1803, Shams 1

1803 is a one-bedroom apartment of 1,199 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 1 April 2015 for AED 1,500,000, or AED 1,251 per sqft, 10% below the AED 1,384 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 85,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical one-bed in Shams 1
1M1.5M2011201520192023Typical 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 1,390,000; 2018 AED 1,400,000; 2019 AED 1,600,000; 2021 AED 1,300,000; 2022 AED 1,400,000; 2023 AED 1,430,000; 2024 AED 1,650,000; 2025 AED 1,600,000Sold by developer, September 2011: AED 1,069,182 (AED 891 per sqft)Sold, October 2013: AED 1,400,000 (AED 1,167 per sqft)Sold, April 2015: AED 1,500,000 (AED 1,251 per sqft)

1803 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1803, each contractTypical one-bed in Shams 1
100K2012201620202024Typical rent by year: 2012 AED 69,188; 2013 AED 107,206; 2014 AED 118,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 96,750; 2019 AED 85,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 84,000; 2023 AED 94,750; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 120,000New contract, June 2015: AED 115,000 a yearNew contract, February 2016: AED 110,000 a yearNew contract, December 2016: AED 105,000 a yearRenewal, December 2019: AED 84,000 a yearRenewal, August 2022: AED 80,000 a yearRenewal, August 2023: AED 85,000 a yearRenewal, August 2024: AED 85,000 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 1803 sits

All 81 1-beds →

1803 last sold in April 2015 at AED 1,251 per sqft, 10% below what one-beds in Shams 1 were fetching at the time (AED 1,384). 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. 1803's AED 85,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,775,000
8 May 20251,480,387
24 Apr 20251,600,000
24 Mar 20251,642,322
1 1-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
18023-bedAED 3.6M · Jul 2024
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

1803, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 1 April 2015 for AED 1,500,000 (AED 1,251 per sqft).
  • Rented since June 2015 on 7 Ejari contracts, from AED 115,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 5.7%, 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 15 August 2024.

Questions about 1803, Shams 1

What did unit 1803 last sell for?

AED 1,500,000 on 1 April 2015: AED 1,251 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 1803?

AED 85,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 85,000; the unit has been rented since June 2015.

How big is unit 1803?

1,199 sqft (111.4 sqm): a one-bedroom apartment on the 18th floor of a 43-storey tower completed in 2007.

What is unit 1803 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 1803, Shams 1

Starts from the last sale price (AED 1.5M, 1 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →