708, Shams 1
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Shams 1
What is 708 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 7th of 43
- Parking
- G01/ G02
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.45M · September 2024
- Building
- Shams 1
About 708, Shams 1
708 is a three-bedroom apartment of 1,884 sqft on the 7th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 September 2024 for AED 2,448,083, or AED 1,299 per sqft, in line with the AED 1,300 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 September 2025, is AED 180,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 28,300 a year.
Sales and rents for 708 over time
708 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 708 sits
All 98 3-beds →708 last sold in September 2024 at AED 1,299 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,300). 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. 708's AED 180,000 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 7th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,884 sqft | AED 2.11MAED 2,113,000 · Mar 2023March 2023 | 100,000 /yr | |
| 702 | 3-bed | 1,884 sqft | AED 2.2MAED 2,200,000 · Oct 2023October 2023 | 131,250 /yr | |
| 703 | 1-bed | 1,182 sqft | AED 1.25MAED 1,250,000 · Oct 2013October 2013 | 98,000 /yr | |
| 704 | 1-bed | 1,182 sqft | AED 1.6MAED 1,600,000 · Apr 2025April 2025 | 80,000 /yr | |
| 705 | 1-bed | 1,182 sqft | AED 1.55MAED 1,550,000 · Jan 2014January 2014 | 92,000 /yr | |
| 706 | 1-bed | 1,182 sqft | AED 1.65MAED 1,650,000 · Jan 2024January 2024 | 130,000 /yr | |
| 707 | 3-bed | 1,884 sqft | AED 2.3MAED 2,300,000 · Jun 2023June 2023 | 180,124 /yr |
708, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 25 September 2024 for AED 2,448,083 (AED 1,299 per sqft).
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 110,543 in 2020 and recovered to AED 180,000 by September 2025.
- At AED 180,000 a year the gross yield on the 2024 price is 7.3%, 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 15 September 2025.
Questions about 708, Shams 1
What did unit 708 last sell for?
AED 2,448,083 on 25 September 2024: AED 1,299 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 708?
AED 180,000 a year on the contract signed on 15 September 2025. The previous contract, from September 2023, was AED 160,000; the unit has been rented since October 2019.
How big is unit 708?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 7th floor of a 43-storey tower completed in 2007.
What is unit 708 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 708, Shams 1
Starts from the last sale price (AED 2.45M, 25 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,448,083
- Deposit, UAE resident (20%)
- AED 489,617
- Deposit, non-resident (40%)
- AED 979,233
- Monthly over 25 years at 3.7%
- AED 10,016
Plus AED 107,829 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →