3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 2nd floor · completed 2007

202, Shams 1

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 2.4M22 December 2013
Current rentAED 132K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Shams 1

What is 202 worth today?

Last sold for AED 2,396,100 in 2013

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25 Sep 2024RentedRenewal
AED 132,000/yr12 months · AED 70 per sqft
25 Sep 2023RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
25 Sep 2022RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
25 Sep 2020RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
11 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
25 Apr 2018RentedRenewal
AED 179,000/yr12 months · AED 95 per sqft
25 Apr 2016RentedNew contract
AED 179,000/yr12 months · AED 95 per sqft
22 Dec 2013SoldReady
AED 2,396,100AED 1,271 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
2nd of 43
Parking
M202/ T4
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.4M · December 2013
Building
Shams 1

About 202, Shams 1

202 is a three-bedroom apartment of 1,884 sqft on the 2nd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 December 2013 for AED 2,396,100, or AED 1,271 per sqft, 5% above the AED 1,207 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 132,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 28,300 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, December 2013: AED 2,396,100 (AED 1,271 per sqft)

202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 202, 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 2016: AED 179,000 a yearRenewal, April 2018: AED 179,000 a yearNew contract, July 2019: AED 130,000 a yearNew contract, September 2020: AED 95,000 a yearRenewal, September 2022: AED 115,500 a yearRenewal, September 2023: AED 120,000 a yearRenewal, September 2024: AED 132,000 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 202 sits

All 98 3-beds →

202 last sold in December 2013 at AED 1,271 per sqft, 5% above what three-beds in Shams 1 were fetching at the time (AED 1,207). 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. 202's AED 132,000 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 2nd floor

All 309 units in Shams 1
Value
2013-bedAED 2.78M · Jun 2014
2031-bedAED 1.18M · Oct 2013
2041-bedAED 1.67M · Nov 2014
2051-bedAED 1.53M · Feb 2025
2061-bedAED 1.35M · Feb 2018
2073-bedAED 2.05M · May 2023
2083-bedAED 2.33M · Sep 2024

202, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 22 December 2013 for AED 2,396,100 (AED 1,271 per sqft).
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 179,000 to AED 95,000 in 2020 and recovered to AED 132,000 by September 2024.
  • At AED 132,000 a year the gross yield on the 2013 price is 5.5%, 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 25 September 2024.

Questions about 202, Shams 1

What did unit 202 last sell for?

AED 2,396,100 on 22 December 2013: AED 1,271 per sqft for 1,884 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 202?

AED 132,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 120,000; the unit has been rented since April 2016.

How big is unit 202?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 2nd floor of a 43-storey tower completed in 2007.

What is unit 202 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 202, Shams 1

Starts from the last sale price (AED 2.4M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,396,100
Deposit, UAE resident (20%)
AED 479,220
Deposit, non-resident (40%)
AED 958,440
Monthly over 25 years at 3.7%
AED 9,803

Plus AED 105,646 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →