301, Shams 1
Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Shams 1
What is 301 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 3rd of 43
- Parking
- M87/ T2
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.8M · August 2014
- Building
- Shams 1
About 301, Shams 1
301 is a three-bedroom apartment of 1,884 sqft on the 3rd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 August 2014 for AED 2,800,000, or AED 1,486 per sqft, 17% above the AED 1,271 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 3 March 2025, is AED 134,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 28,300 a year.
Sales and rents for 301 over time
301 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 301 sits
All 98 3-beds →301 last sold in August 2014 at AED 1,486 per sqft, 17% above what three-beds in Shams 1 were fetching at the time (AED 1,271). 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. 301's AED 134,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 1,884 sqft | 2,600,000 | 1,379 | ||
| 4 Apr 20254 April 2025 | 1,884 sqft | 2,625,000 | 1,393 | ||
| 14 Feb 202514 February 2025 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 11 Feb 202511 February 2025 | 1,884 sqft | 2,400,000 | 1,273 |
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 3rd floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 3-bed | 1,884 sqft | AED 2.4MAED 2,396,100 · Dec 2013December 2013 | 140,000 /yr | |
| 303 | 1-bed | 1,182 sqft | AED 1.3MAED 1,300,000 · Sep 2017September 2017 | 85,000 /yr | |
| 304 | 1-bed | 1,182 sqft | AED 1.78MAED 1,775,000 · Jan 2026January 2026 | 68,000 /yr | |
| 305 | 1-bed | 1,182 sqft | AED 1.53MAED 1,530,000 · May 2024May 2024 | 43,710 /yr | |
| 306 | 1-bed | 1,182 sqft | AED 1.45MAED 1,450,000 · Oct 2015October 2015 | 95,000 /yr | |
| 307 | 3-bed | 1,884 sqft | AED 1.8MAED 1,800,000 · Nov 2022November 2022 | 95,000 /yr | |
| 308 | 3-bed | 1,884 sqft | AED 2.88MAED 2,875,000 · Nov 2014November 2014 | 110,250 /yr |
301, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 21 August 2014 for AED 2,800,000 (AED 1,486 per sqft).
- Rented since June 2020 on 5 Ejari contracts, from AED 95,000 to AED 134,000 a year.
- At AED 134,000 a year the gross yield on the 2014 price is 4.8%, 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 3 March 2025.
Questions about 301, Shams 1
What did unit 301 last sell for?
AED 2,800,000 on 21 August 2014: AED 1,486 per sqft for 1,884 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 301?
AED 134,000 a year on the contract renewed on 3 March 2025. The previous contract, from March 2023, was AED 117,000; the unit has been rented since June 2020.
How big is unit 301?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2007.
What is unit 301 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 301, Shams 1
Starts from the last sale price (AED 2.8M, 21 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →