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

605, Shams 1

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 1.58M28 January 2014
Current rentAED 85K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shams 1

What is 605 worth today?

Last sold for AED 1,575,000 in 2014

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20 Jul 2024RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
20 Jul 2023RentedRenewal
AED 77,000/yr12 months · AED 65 per sqft
20 Jul 2022RentedRenewal
AED 68,000/yr12 months · AED 57 per sqft
20 Jul 2021RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
20 Jul 2020RentedRenewal
AED 65,000/yr12 months · AED 55 per sqft
20 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
20 Jul 2018RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
20 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2024.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
6th of 43
Parking
B11
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 1.58M · January 2014
Building
Shams 1

About 605, Shams 1

605 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 28 January 2014 for AED 1,575,000, or AED 1,332 per sqft, 26% above the AED 1,057 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 85,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 17,800 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 2013: AED 1,250,000 (AED 1,057 per sqft)Sold, January 2014: AED 1,575,000 (AED 1,332 per sqft)

605 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, 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, February 2014: AED 115,000 a yearNew contract, July 2017: AED 100,000 a yearRenewal, July 2018: AED 95,000 a yearRenewal, July 2019: AED 85,000 a yearRenewal, July 2020: AED 65,000 a yearRenewal, July 2021: AED 65,000 a yearRenewal, July 2022: AED 68,000 a yearRenewal, July 2023: AED 77,000 a yearRenewal, July 2024: AED 85,000 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 605 sits

All 81 1-beds →

605 last sold in January 2014 at AED 1,332 per sqft, 26% above what one-beds in Shams 1 were fetching at the time (AED 1,057). 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. 605's AED 85,000 is at the bottom 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
6041-bedAED 1.42M · Oct 2017
6061-bedAED 860K · Apr 2021
6073-bedAED 2.6M · Feb 2014
6083-bedAED 2.05M · Jun 2018

605, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 28 January 2014 for AED 1,575,000 (AED 1,332 per sqft).
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2021 and recovered to AED 85,000 by July 2024.
  • At AED 85,000 a year the gross yield on the 2014 price is 5.4%, 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 20 July 2024.

Questions about 605, Shams 1

What did unit 605 last sell for?

AED 1,575,000 on 28 January 2014: AED 1,332 per sqft for 1,182 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 605?

AED 85,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 77,000; the unit has been rented since February 2014.

How big is unit 605?

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 605 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 605, Shams 1

Starts from the last sale price (AED 1.58M, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

Plus AED 71,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →