1-bed · 1,182 sqftShams 1, Jumeirah Beach Residence · 6th floor · completed 2007

604, Shams 1

Sold prices and rental history: sold twice, last in October 2017, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.42M17 October 2017
Current rentAED 115K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Shams 1

What is 604 worth today?

Last sold for AED 1,415,000 in 2017

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1 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
17 Oct 2017SoldReady
AED 1,415,000AED 1,197 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 904 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
6th of 43
Parking
B152
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 1.42M · October 2017
Building
Shams 1

About 604, Shams 1

604 is a one-bedroom apartment of 1,182 sqft on the 6th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 17 October 2017 for AED 1,415,000, or AED 1,197 per sqft, 4% above the AED 1,147 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2023. The current contract, signed on 1 November 2023, is AED 115,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 17,800 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Shams 1
1M1.5M2011201520192023Typical 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 904 per sqft)Sold, October 2017: AED 1,415,000 (AED 1,197 per sqft)

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

Rents
Unit 604, 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 120,000New contract, November 2023: AED 115,000 a year

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 604 sits

All 81 1-beds →

604 last sold in October 2017 at AED 1,197 per sqft, 4% above what one-beds in Shams 1 were fetching at the time (AED 1,147). 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. 604's AED 115,000 is in the lower half of that range.

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 6th floor

All 309 units in Shams 1
Value
6013-bedAED 2.65M · Dec 2024
6023-bedAED 1.49M · Nov 2019
6031-bedAED 1.3M · Jul 2017
6051-bedAED 1.58M · Jan 2014
6061-bedAED 860K · Apr 2021
6073-bedAED 2.6M · Feb 2014
6083-bedAED 2.05M · Jun 2018

604, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 17 October 2017 for AED 1,415,000 (AED 1,197 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 17,800 a year (AED 15.02 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 1 November 2023.

Questions about 604, Shams 1

What did unit 604 last sell for?

AED 1,415,000 on 17 October 2017: AED 1,197 per sqft for 1,182 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 604?

AED 115,000 a year on the contract signed on 1 November 2023.

How big is unit 604?

1,182 sqft (109.8 sqm): a one-bedroom apartment on the 6th floor of a 43-storey tower completed in 2007.

What is unit 604 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 604, Shams 1

Starts from the last sale price (AED 1.42M, 17 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,000
Deposit, UAE resident (20%)
AED 283,000
Deposit, non-resident (40%)
AED 566,000
Monthly over 25 years at 3.7%
AED 5,789

Plus AED 64,440 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →