3702, Shams 1
Sold prices and rental history: sold twice, last in March 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3702, Shams 1
What is 3702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,274 sqft
- Floor
- 37th of 43
- Parking
- B66
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2M · March 2023
- Building
- Shams 1
About 3702, Shams 1
3702 is a two-bedroom apartment of 1,274 sqft on the 37th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 March 2023 for AED 2,000,000, or AED 1,569 per sqft, 4% above the AED 1,510 two-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 April 2025, is AED 148,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 19,100 a year.
Sales and rents for 3702 over time
3702 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 3702 sits
All 104 2-beds →3702 last sold in March 2023 at AED 1,569 per sqft, 4% above what two-beds in Shams 1 were fetching at the time (AED 1,510). 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. 3702's AED 148,000 is in the upper half 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 37th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 2-bed | 1,274 sqft | AED 2.05MAED 2,050,000 · Mar 2023March 2023 | 90,000 /yr | |
| 3703 | 2-bed | 1,376 sqft | AED 2.4MAED 2,400,000 · Mar 2023March 2023 | 160,000 /yr | |
| 3704 | 2-bed | 1,376 sqft | AED 2MAED 2,000,000 · Apr 2023April 2023 | 95,000 /yr | |
| 3705 | 2-bed | 1,376 sqft | AED 2.4MAED 2,400,000 · Apr 2023April 2023 | 158,000 /yr | |
| 3706 | 2-bed | 1,376 sqft | AED 2MAED 2,000,000 · Apr 2023April 2023 | 135,000 /yr | |
| 3707 | 2-bed | 1,274 sqft | AED 2.1MAED 2,100,000 · Apr 2023April 2023 | 94,500 /yr | |
| 3708 | 2-bed | 1,274 sqft | AED 2.05MAED 2,050,000 · Apr 2023April 2023 |
3702, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 28 March 2023 for AED 2,000,000 (AED 1,569 per sqft).
- Rented since April 2012 on 3 Ejari contracts, from AED 85,000 to AED 148,000 a year.
- At AED 148,000 a year the gross yield on the 2023 price is 7.4%, 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 1 April 2025.
Questions about 3702, Shams 1
What did unit 3702 last sell for?
AED 2,000,000 on 28 March 2023: AED 1,569 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 3702?
AED 148,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2013, was AED 89,250; the unit has been rented since April 2012.
How big is unit 3702?
1,274 sqft (118.4 sqm): a two-bedroom apartment on the 37th floor of a 43-storey tower completed in 2007.
What is unit 3702 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 3702, Shams 1
Starts from the last sale price (AED 2M, 28 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →