402, Shams 1
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Shams 1
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 4th of 43
- Parking
- M33/T10
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.4M · December 2013
- Building
- Shams 1
About 402, Shams 1
402 is a three-bedroom apartment of 1,884 sqft on the 4th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 December 2013 for AED 2,396,100, or AED 1,271 per sqft, 5% above the AED 1,207 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 130,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 28,300 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shams 1, and where 402 sits
All 98 3-beds →402 last sold in December 2013 at AED 1,271 per sqft, 5% above what three-beds in Shams 1 were fetching at the time (AED 1,207). Over the last 12 months three-beds sold for AED 2,680,000, around AED 1,422 per sqft, and rent for AED 180,000 to 215,000 a year. 402's AED 130,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 1,884 sqft | 2,600,000 | 1,379 | ||
| 4 Apr 20254 April 2025 | 1,884 sqft | 2,625,000 | 1,393 | ||
| 14 Feb 202514 February 2025 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 11 Feb 202511 February 2025 | 1,884 sqft | 2,400,000 | 1,273 |
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 4th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,884 sqft | AED 2.65MAED 2,650,000 · Feb 2023February 2023 | 135,000 /yr | |
| 403 | 1-bed | 1,182 sqft | AED 1.46MAED 1,458,000 · May 2016May 2016 | 103,950 /yr | |
| 404 | 1-bed | 1,182 sqft | AED 803KAED 802,839 · Dec 2020December 2020 | ||
| 405 | 1-bed | 1,182 sqft | AED 1.57MAED 1,570,000 · Dec 2014December 2014 | 100,000 /yr | |
| 406 | 1-bed | 1,182 sqft | AED 1.25MAED 1,250,000 · Oct 2013October 2013 | 110,000 /yr | |
| 407 | 3-bed | 1,884 sqft | AED 2.13MAED 2,125,000 · Nov 2013November 2013 | 132,855 /yr | |
| 408 | 3-bed | 1,884 sqft | AED 2.63MAED 2,625,000 · Apr 2025April 2025 | 105,000 /yr |
402, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 22 December 2013 for AED 2,396,100 (AED 1,271 per sqft).
- Rented since June 2016 on 6 Ejari contracts, from AED 170,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
- Three-beds in Shams 1 sold for AED 2,680,000–2,680,000 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 October 2022.
Questions about 402, Shams 1
What did unit 402 last sell for?
AED 2,396,100 on 22 December 2013: AED 1,271 per sqft for 1,884 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 402?
AED 130,000 a year on the contract renewed on 1 October 2022. The previous contract, from May 2021, was AED 136,578; the unit has been rented since June 2016.
How big is unit 402?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 4th floor of a 43-storey tower completed in 2007.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 1 sold for AED 2,680,000 to 2,680,000 in the last 12 months, around AED 1,422 per sqft.
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Mortgage on 402, Shams 1
Starts from the last sale price (AED 2.4M, 22 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,396,100
- Deposit, UAE resident (20%)
- AED 479,220
- Deposit, non-resident (40%)
- AED 958,440
- Monthly over 25 years at 3.7%
- AED 9,803
Plus AED 105,646 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →