1-bed · 4,955 sqftShams 1, Jumeirah Beach Residence · 40th floor · completed 2007

4001, Shams 1

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 6.5M17 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Shams 1

What is 4001 worth today?

Last sold for AED 6,500,000 in 2023

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17 Jan 2023SoldReady
AED 6,500,000AED 1,311 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 215 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2023.

Key facts

Type
1-bed apartment
Size
4,955 sqft
Floor
40th of 43
Parking
G70,G71
Developer
Dubai Properties
Completed
2007
Service charge
AED 74,400 /yr
Last sold
AED 6.5M · January 2023
Building
Shams 1

About 4001, Shams 1

4001 is a one-bedroom apartment of 4,955 sqft on the 40th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 January 2023 for AED 6,500,000, or AED 1,311 per sqft, 8% above the AED 1,209 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4001 over time

Sales
Unit 4001, each saleTypical one-bed in Shams 1
2.5M5M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2013 AED 1,250,000; 2014 AED 1,662,500; 2015 AED 1,470,000; 2017 AED 1,390,000; 2018 AED 1,400,000; 2019 AED 1,600,000; 2021 AED 1,300,000; 2022 AED 1,400,000; 2023 AED 1,430,000; 2024 AED 1,650,000; 2025 AED 1,600,000Sold by developer, September 2011: AED 1,069,182 (AED 215 per sqft)Sold, January 2023: AED 6,500,000 (AED 1,311 per sqft)

4001 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4001, each contractTypical one-bed in Shams 1
100K2012201620202024Typical rent by year: 2012 AED 69,188; 2013 AED 107,206; 2014 AED 118,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 96,750; 2019 AED 85,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 84,000; 2023 AED 94,750; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 120,000

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 4001 sits

All 81 1-beds →

4001 last sold in January 2023 at AED 1,311 per sqft, 8% above what one-beds in Shams 1 were fetching at the time (AED 1,209). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,775,000
8 May 20251,480,387
24 Apr 20251,600,000
24 Mar 20251,642,322
1 1-bed sale in the last 12 months

Shams 1

Building

309 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%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 40th floor

All 309 units in Shams 1
Value
40021-bedAED 6.85M · Jun 2023

4001, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 17 January 2023 for AED 6,500,000 (AED 1,311 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 17 January 2023.

Questions about 4001, Shams 1

What did unit 4001 last sell for?

AED 6,500,000 on 17 January 2023: AED 1,311 per sqft for 4,955 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

How big is unit 4001?

4,955 sqft (460.3 sqm): a one-bedroom apartment on the 40th floor of a 43-storey tower completed in 2007.

What is unit 4001 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 4001, Shams 1

Starts from the last sale price (AED 6.5M, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,500,000
Deposit, UAE resident (20%)
AED 1,300,000
Deposit, non-resident (40%)
AED 2,600,000
Monthly over 25 years at 3.7%
AED 26,594

Plus AED 278,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →