2402, Shams 1
Sold prices and rental history: sold twice, last in November 2021, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, Shams 1
What is 2402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2021.
Key facts
- Type
- Apartment
- Size
- 1,884 sqft
- Floor
- 24th of 43
- Parking
- G57/ G58
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.08M · November 2021
- Building
- Shams 1
About 2402, Shams 1
2402 is an apartment of 1,884 sqft on the 24th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 November 2021 for AED 2,075,000, or AED 1,101 per sqft.
One Ejari contract is registered, from 27 October 2020. The current contract, renewed on 27 October 2020, is AED 115,000 a year: a gross yield of 5.5% on the 2021 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 24th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,884 sqft | AED 2.4MAED 2,400,000 · Nov 2023November 2023 | 145,000 /yr | |
| 2403 | 2-bed | 1,376 sqft | AED 2.18MAED 2,175,000 · Mar 2014March 2014 | 140,000 /yr | |
| 2404 | 2-bed | 1,376 sqft | AED 1.55MAED 1,550,000 · Sep 2021September 2021 | 145,000 /yr | |
| 2405 | 2-bed | 1,376 sqft | AED 1.76MAED 1,760,000 · Nov 2017November 2017 | 140,000 /yr | |
| 2406 | 2-bed | 1,376 sqft | AED 1.55MAED 1,550,000 · Sep 2021September 2021 | 145,000 /yr | |
| 2407 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2024June 2024 | 220,000 /yr | |
| 2408 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · May 2024May 2024 | 173,250 /yr |
2402, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 18 November 2021 for AED 2,075,000 (AED 1,101 per sqft).
- Rented since October 2020 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2021 price is 5.5%, 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 18 November 2021.
Questions about 2402, Shams 1
What did unit 2402 last sell for?
AED 2,075,000 on 18 November 2021: AED 1,101 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 2402?
AED 115,000 a year on the contract renewed on 27 October 2020.
How big is unit 2402?
1,884 sqft (175.0 sqm): an apartment on the 24th floor of a 43-storey tower completed in 2007.
What is unit 2402 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 2402, Shams 1
Starts from the last sale price (AED 2.08M, 18 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,075,000
- Deposit, UAE resident (20%)
- AED 415,000
- Deposit, non-resident (40%)
- AED 830,000
- Monthly over 25 years at 3.7%
- AED 8,489
Plus AED 92,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →