407, Shams 1
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Shams 1
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 4th of 43
- Parking
- G100/ G101
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.13M · November 2013
- Building
- Shams 1
About 407, Shams 1
407 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 17 November 2013 for AED 2,125,000, or AED 1,127 per sqft, in line with the AED 1,127 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 132,855 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 28,300 a year.
Sales and rents for 407 over time
407 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 407 sits
All 98 3-beds →407 last sold in November 2013 at AED 1,127 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,127). 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. 407's AED 132,855 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 | |
| 402 | 3-bed | 1,884 sqft | AED 2.4MAED 2,396,100 · Dec 2013December 2013 | 130,000 /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 | |
| 408 | 3-bed | 1,884 sqft | AED 2.63MAED 2,625,000 · Apr 2025April 2025 | 105,000 /yr |
407, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 17 November 2013 for AED 2,125,000 (AED 1,127 per sqft).
- Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2021 and recovered to AED 132,855 by March 2025.
- At AED 132,855 a year the gross yield on the 2013 price is 6.3%, 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 March 2025.
Questions about 407, Shams 1
What did unit 407 last sell for?
AED 2,125,000 on 17 November 2013: AED 1,127 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 407?
AED 132,855 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 124,163; the unit has been rented since February 2014.
How big is unit 407?
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 407 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 407, Shams 1
Starts from the last sale price (AED 2.13M, 17 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,125,000
- Deposit, UAE resident (20%)
- AED 425,000
- Deposit, non-resident (40%)
- AED 850,000
- Monthly over 25 years at 3.7%
- AED 8,694
Plus AED 94,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →