3502, 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 3502, Shams 1
What is 3502 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
- 35th of 43
- Parking
- B74
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 1.78M · May 2022
- Building
- Shams 1
About 3502, Shams 1
3502 is an apartment of 1,274 sqft on the 35th 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 1,775,000, or AED 1,392 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 8.4% 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 35th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,274 sqft | AED 1.8MAED 1,800,000 · Mar 2022March 2022 | 155,000 /yr | |
| 3503 | 2-bed | 1,376 sqft | AED 2.55MAED 2,550,000 · Nov 2023November 2023 | 123,871 /yr | |
| 3504 | 1,376 sqft | AED 1.75MAED 1,750,000 · May 2022May 2022 | 149,100 /yr | ||
| 3505 | 2-bed | 1,376 sqft | AED 4.1MAED 4,100,000 · May 2025May 2025 | 117,549 /yr | |
| 3506 | 1,376 sqft | AED 2.35MAED 2,350,000 · Aug 2025August 2025 | 149,100 /yr | ||
| 3507 | 2-bed | 1,274 sqft | AED 2.55MAED 2,550,550 · Nov 2014November 2014 | 145,000 /yr | |
| 3508 | 2-bed | 1,274 sqft | AED 2.2MAED 2,200,000 · Aug 2024August 2024 | 90,000 /yr |
3502, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 23 May 2022 for AED 1,775,000 (AED 1,392 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 8.4%, 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 3502, Shams 1
What did unit 3502 last sell for?
AED 1,775,000 on 23 May 2022: AED 1,392 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 3502?
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 3502?
1,274 sqft (118.4 sqm): an apartment on the 35th floor of a 43-storey tower completed in 2007.
What is unit 3502 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 3502, Shams 1
Starts from the last sale price (AED 1.78M, 23 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,775,000
- Deposit, UAE resident (20%)
- AED 355,000
- Deposit, non-resident (40%)
- AED 710,000
- Monthly over 25 years at 3.7%
- AED 7,262
Plus AED 79,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →