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3-bed · 1,954 sqftShams 1, Jumeirah Beach Residence · completed 2007

UP01, Shams 1

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP01 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.15M30 October 2013
Current rentAED 160K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP01, Shams 1

What is UP01 worth today?

Last sold for AED 2,150,000 in 2013

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1 Jul 2025RentedRenewal
AED 159,600/yr12 months · AED 82 per sqft
1 Jul 2024RentedRenewal
AED 152,000/yr12 months · AED 78 per sqft
1 Jul 2023RentedNew contract
AED 152,000/yr12 months · AED 78 per sqft
1 Nov 2022RentedRenewal
AED 125,000/yr12 months · AED 64 per sqft
1 Nov 2021RentedNew contract
AED 125,000/yr12 months · AED 64 per sqft
30 Oct 2013SoldReady
AED 2,150,000AED 1,100 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 547 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
3-bed apartment
Size
1,954 sqft
Parking
B-104 , B-T9
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,300 /yr
Last sold
AED 2.15M · October 2013
Building
Shams 1

About UP01, Shams 1

UP01 is a three-bedroom apartment of 1,954 sqft of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 October 2013 for AED 2,150,000, or AED 1,100 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 2021 on 5 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 159,600 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 29,300 a year.

Sales and rents for UP01 over time

Sales
Unit UP01, 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 547 per sqft)Sold, October 2013: AED 2,150,000 (AED 1,100 per sqft)

UP01 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit UP01, each contractTypical three-bed in Shams 1
100K150K2012201620202024Typical 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, November 2021: AED 125,000 a yearRenewal, November 2022: AED 125,000 a yearNew contract, July 2023: AED 152,000 a yearRenewal, July 2024: AED 152,000 a yearRenewal, July 2025: AED 159,600 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 UP01 sits

All 98 3-beds →

UP01 last sold in October 2013 at AED 1,100 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. UP01's AED 159,600 is at the bottom 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 →

UP01, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 30 October 2013 for AED 2,150,000 (AED 1,100 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 125,000 to AED 159,600 a year.
  • At AED 159,600 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 29,300 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 July 2025.

Questions about UP01, Shams 1

What did unit UP01 last sell for?

AED 2,150,000 on 30 October 2013: AED 1,100 per sqft for 1,954 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit UP01?

AED 159,600 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 152,000; the unit has been rented since November 2021.

How big is unit UP01?

1,954 sqft (181.5 sqm): a three-bedroom apartment of a 43-storey tower completed in 2007.

What is unit UP01 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 UP01, Shams 1

Starts from the last sale price (AED 2.15M, 30 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →