3002, Shams 1
Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, Shams 1
What is 3002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 30th of 43
- Parking
- B141
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2.35M · July 2024
- Building
- Shams 1
About 3002, Shams 1
3002 is a two-bedroom apartment of 1,274 sqft on the 30th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 July 2024 for AED 2,350,000, or AED 1,843 per sqft, 9% above the AED 1,686 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 120,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 19,100 a year.
Sales and rents for 3002 over time
3002 has sold twice; 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 3002 sits
All 104 2-beds →3002 last sold in July 2024 at AED 1,843 per sqft, 9% above what two-beds in Shams 1 were fetching at the time (AED 1,686). 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. 3002's AED 120,000 is at the bottom 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 30th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 1,274 sqft | AED 1.75MAED 1,750,000 · May 2022May 2022 | 68,200 /yr | ||
| 3003 | 2-bed | 1,376 sqft | AED 2.5MAED 2,500,000 · Nov 2017November 2017 | ||
| 3004 | 1,376 sqft | AED 1.7MAED 1,700,000 · May 2022May 2022 | 149,100 /yr | ||
| 3005 | 2-bed | 1,376 sqft | AED 2.43MAED 2,425,000 · Apr 2023April 2023 | 84,475 /yr | |
| 3006 | 2-bed | 1,376 sqft | AED 1.9MAED 1,900,000 · Jun 2022June 2022 | 100,000 /yr | |
| 3007 | 2-bed | 1,274 sqft | AED 2MAED 2,000,000 · Jun 2018June 2018 | 110,000 /yr | |
| 3008 | 1,274 sqft | AED 2.2MAED 2,200,000 · Sep 2025September 2025 | 126,000 /yr |
3002, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 4 July 2024 for AED 2,350,000 (AED 1,843 per sqft).
- Rented since December 2020 on 3 Ejari contracts, from AED 85,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 5.1%, 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 4 July 2024.
Questions about 3002, Shams 1
What did unit 3002 last sell for?
AED 2,350,000 on 4 July 2024: AED 1,843 per sqft for 1,274 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 3002?
AED 120,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 120,000; the unit has been rented since December 2020.
How big is unit 3002?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 30th floor of a 43-storey tower completed in 2007.
What is unit 3002 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 3002, Shams 1
Starts from the last sale price (AED 2.35M, 4 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →