3408, Shams 1
Sold prices and rental history: sold twice, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3408, Shams 1
What is 3408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.
Key facts
- Type
- Apartment
- Size
- 1,274 sqft
- Floor
- 34th of 43
- Parking
- B65
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 1.8M · May 2022
- Building
- Shams 1
About 3408, Shams 1
3408 is an apartment of 1,274 sqft on the 34th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 May 2022 for AED 1,800,000, or AED 1,412 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 149,100 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 19,100 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 34th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,274 sqft | AED 2.35MAED 2,350,000 · Jul 2024July 2024 | 160,000 /yr | |
| 3402 | 1,274 sqft | AED 1.78MAED 1,775,000 · May 2022May 2022 | 149,100 /yr | ||
| 3403 | 2-bed | 1,376 sqft | AED 2.55MAED 2,550,000 · Jun 2022June 2022 | ||
| 3404 | 2-bed | 1,376 sqft | AED 2.3MAED 2,300,000 · Jul 2024July 2024 | 145,000 /yr | |
| 3405 | 2-bed | 1,376 sqft | AED 2.7MAED 2,700,000 · Aug 2017August 2017 | ||
| 3406 | 1,376 sqft | AED 1.75MAED 1,750,000 · May 2022May 2022 | 149,100 /yr | ||
| 3407 | 2-bed | 1,274 sqft | AED 1.74MAED 1,735,000 · May 2021May 2021 |
3408, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 23 May 2022 for AED 1,800,000 (AED 1,412 per sqft).
- Rented since June 2022 on 3 Ejari contracts, from AED 142,000 to AED 149,100 a year.
- At AED 149,100 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 19,100 a year (AED 15.02 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.
Questions about 3408, Shams 1
What did unit 3408 last sell for?
AED 1,800,000 on 23 May 2022: AED 1,412 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 3408?
AED 149,100 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 149,100; the unit has been rented since June 2022.
How big is unit 3408?
1,274 sqft (118.4 sqm): an apartment on the 34th floor of a 43-storey tower completed in 2007.
What is unit 3408 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 3408, Shams 1
Starts from the last sale price (AED 1.8M, 23 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →