2301, Shams 1
Sold prices and rental history: sold twice, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2301, Shams 1
What is 2301 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2023.
Key facts
- Type
- Apartment
- Size
- 1,884 sqft
- Floor
- 23rd of 43
- Parking
- M88/ M89
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.4M · November 2023
- Building
- Shams 1
About 2301, Shams 1
2301 is an apartment of 1,884 sqft on the 23rd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 November 2023 for AED 2,400,000, or AED 1,273 per sqft.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 25 September 2022, is AED 145,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 28,300 a year.
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 23rd floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 3-bed | 1,884 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 140,000 /yr | |
| 2303 | 2-bed | 1,376 sqft | AED 2.5MAED 2,500,000 · May 2024May 2024 | ||
| 2304 | 2-bed | 1,376 sqft | AED 2.35MAED 2,350,000 · Apr 2024April 2024 | 100,000 /yr | |
| 2305 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · May 2023May 2023 | ||
| 2306 | 2-bed | 1,376 sqft | AED 948KAED 947,500 · Aug 2017August 2017 | 141,750 /yr | |
| 2307 | 1,884 sqft | AED 2.68MAED 2,680,000 · Feb 2026February 2026 | 173,250 /yr | ||
| 2308 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | 173,250 /yr |
2301, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 10 November 2023 for AED 2,400,000 (AED 1,273 per sqft).
- Rented since June 2020 on 3 Ejari contracts, from AED 124,615 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2023.
Questions about 2301, Shams 1
What did unit 2301 last sell for?
AED 2,400,000 on 10 November 2023: AED 1,273 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 2301?
AED 145,000 a year on the contract signed on 25 September 2022. The previous contract, from September 2021, was AED 130,000; the unit has been rented since June 2020.
How big is unit 2301?
1,884 sqft (175.0 sqm): an apartment on the 23rd floor of a 43-storey tower completed in 2007.
What is unit 2301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2301, Shams 1
Starts from the last sale price (AED 2.4M, 10 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →