2907, Shams 1
Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2907, Shams 1
What is 2907 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 29th of 43
- Parking
- M54
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2.6M · March 2023
- Building
- Shams 1
About 2907, Shams 1
2907 is a two-bedroom apartment of 1,274 sqft on the 29th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 March 2023 for AED 2,600,000, or AED 2,040 per sqft, 46% above the AED 1,399 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 11 November 2024, is AED 180,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 19,100 a year.
Sales and rents for 2907 over time
2907 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shams 1, and where 2907 sits
All 104 2-beds →2907 last sold in March 2023 at AED 2,040 per sqft, 46% above what two-beds in Shams 1 were fetching at the time (AED 1,399). Over the last 12 months two-beds sold for AED 2,350,000 to 2,420,000, around AED 1,734 per sqft, and rent for AED 127,339 to 160,000 a year. 2907's AED 180,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,376 sqft | 2,420,000 | 1,759 | ||
| 24 Jul 202524 July 2025 | 1,376 sqft | 2,450,000 | 1,780 | ||
| 28 May 202528 May 2025 | 1,376 sqft | 4,100,000 | 2,980 | ||
| 15 May 202515 May 2025 | 1,274 sqft | 2,350,000 | 1,843 |
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 29th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,274 sqft | AED 2.4MAED 2,400,000 · Nov 2024November 2024 | 130,000 /yr | |
| 2902 | 2-bed | 1,274 sqft | AED 1.63MAED 1,630,700 · Mar 2023March 2023 | ||
| 2903 | 2-bed | 1,376 sqft | AED 2.13MAED 2,125,000 · Jul 2017July 2017 | ||
| 2904 | 2-bed | 1,376 sqft | AED 2.2MAED 2,200,000 · Apr 2024April 2024 | 100,000 /yr | |
| 2905 | 2-bed | 1,376 sqft | AED 1.85MAED 1,850,000 · Jun 2021June 2021 | 145,000 /yr | |
| 2906 | 1,376 sqft | AED 2.35MAED 2,350,000 · Nov 2025November 2025 | 100,050 /yr | ||
| 2908 | 2-bed | 1,274 sqft | AED 2.3MAED 2,300,000 · Mar 2025March 2025 | 126,000 /yr |
2907, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 13 March 2023 for AED 2,600,000 (AED 2,040 per sqft).
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 132,000 to AED 87,500 in 2020 and recovered to AED 180,000 by November 2024.
- At AED 180,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 19,100 a year (AED 15.02 per sqft).
- Two-beds in Shams 1 sold for AED 2,350,000–2,420,000 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 11 November 2024.
Questions about 2907, Shams 1
What did unit 2907 last sell for?
AED 2,600,000 on 13 March 2023: AED 2,040 per sqft for 1,274 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 2907?
AED 180,000 a year on the contract renewed on 11 November 2024. The previous contract, from November 2024, was AED 155,000; the unit has been rented since June 2018.
How big is unit 2907?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 29th floor of a 43-storey tower completed in 2007.
What is unit 2907 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 1 sold for AED 2,350,000 to 2,420,000 in the last 12 months, around AED 1,734 per sqft.
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Mortgage on 2907, Shams 1
Starts from the last sale price (AED 2.6M, 13 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →