306, Shams 1
Sold prices and rental history: sold 3 times, last in October 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Shams 1
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 3rd of 43
- Parking
- B333
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.45M · October 2015
- Building
- Shams 1
About 306, Shams 1
306 is a one-bedroom apartment of 1,182 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 5 October 2015 for AED 1,450,000, or AED 1,226 per sqft, 10% below the AED 1,356 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 February 2024, is AED 95,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 17,800 a year.
Sales and rents for 306 over time
306 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shams 1, and where 306 sits
All 81 1-beds →306 last sold in October 2015 at AED 1,226 per sqft, 10% below what one-beds in Shams 1 were fetching at the time (AED 1,356). Over the last 12 months one-beds sold for AED 1,775,000, around AED 1,501 per sqft, and rent for AED 92,000 to 145,171 a year. 306's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,182 sqft | 1,775,000 | 1,501 | ||
| 8 May 20258 May 2025 | 485 sqft | 1,480,387 | 3,054 | ||
| 24 Apr 202524 April 2025 | 1,182 sqft | 1,600,000 | 1,353 | ||
| 24 Mar 202524 March 2025 | 1,342 sqft | 1,642,322 | 1,224 |
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 | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,884 sqft | AED 2.8MAED 2,800,000 · Aug 2014August 2014 | 134,000 /yr | |
| 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 | |
| 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 |
306, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 5 October 2015 for AED 1,450,000 (AED 1,226 per sqft).
- Rented since November 2015 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 95,000 by February 2024.
- At AED 95,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 17,800 a year (AED 15.02 per sqft).
- One-beds in Shams 1 sold for AED 1,775,000–1,775,000 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 1 February 2024.
Questions about 306, Shams 1
What did unit 306 last sell for?
AED 1,450,000 on 5 October 2015: AED 1,226 per sqft for 1,182 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 306?
AED 95,000 a year on the contract signed on 1 February 2024. The previous contract, from November 2022, was AED 85,000; the unit has been rented since November 2015.
How big is unit 306?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2007.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 1 sold for AED 1,775,000 to 1,775,000 in the last 12 months, around AED 1,501 per sqft.
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Mortgage on 306, Shams 1
Starts from the last sale price (AED 1.45M, 5 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →