3-bed · 1,884 sqftShams 1, Jumeirah Beach Residence · 6th floor · completed 2007

608, Shams 1

Sold prices and rental history: sold twice, last in June 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 2.05M27 June 2018
Current rentAED 190K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Shams 1

What is 608 worth today?

Last sold for AED 2,050,000 in 2018

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20 Sep 2023RentedNew contract
AED 190,000/yr12 months · AED 101 per sqft
15 Jul 2022RentedNew contract
AED 147,500/yr24 months · AED 78 per sqft
27 Jun 2018SoldReady
AED 2,050,000AED 1,088 per sqft
15 Apr 2012RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 567 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2023.

Key facts

Type
3-bed apartment
Size
1,884 sqft
Floor
6th of 43
Parking
G45/ G46
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.05M · June 2018
Building
Shams 1

About 608, Shams 1

608 is a three-bedroom apartment of 1,884 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 27 June 2018 for AED 2,050,000, or AED 1,088 per sqft, in line with the AED 1,114 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 20 September 2023, is AED 190,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 28,300 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical three-bed in Shams 1
1M2M3M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2013 AED 2,275,000; 2014 AED 2,655,000; 2015 AED 2,750,000; 2017 AED 2,125,000; 2018 AED 2,050,000; 2021 AED 1,700,000; 2022 AED 2,067,859; 2023 AED 2,225,000; 2024 AED 2,450,000; 2025 AED 2,500,000Sold by developer, September 2011: AED 1,069,182 (AED 567 per sqft)Sold, June 2018: AED 2,050,000 (AED 1,088 per sqft)

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

Rents
Unit 608, each contractTypical three-bed in Shams 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,250; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 159,527; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,500; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 151,000; 2024 AED 170,000; 2025 AED 180,000New contract, April 2012: AED 105,000 a yearNew contract, July 2022: AED 147,500 a yearNew contract, September 2023: AED 190,000 a year

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 608 sits

All 98 3-beds →

608 last sold in June 2018 at AED 1,088 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,114). 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. 608's AED 190,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 May 20252,600,000
4 Apr 20252,625,000
14 Feb 20252,500,000
11 Feb 20252,400,000
1 3-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
6051-bedAED 1.58M · Jan 2014
6061-bedAED 860K · Apr 2021
6073-bedAED 2.6M · Feb 2014

608, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 27 June 2018 for AED 2,050,000 (AED 1,088 per sqft).
  • Rented since April 2012 on 3 Ejari contracts, from AED 105,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2018 price is 9.3%, 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 20 September 2023.

Questions about 608, Shams 1

What did unit 608 last sell for?

AED 2,050,000 on 27 June 2018: AED 1,088 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 608?

AED 190,000 a year on the contract signed on 20 September 2023. The previous contract, from July 2022, was AED 147,500; the unit has been rented since April 2012.

How big is unit 608?

1,884 sqft (175.0 sqm): a three-bedroom apartment on the 6th floor of a 43-storey tower completed in 2007.

What is unit 608 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 608, Shams 1

Starts from the last sale price (AED 2.05M, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →