1506, Shams 1
Sold prices and rental history: sold 3 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Shams 1
What is 1506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,199 sqft
- Floor
- 15th of 43
- Parking
- B128
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.94M · December 2024
- Building
- Shams 1
About 1506, Shams 1
1506 is a one-bedroom apartment of 1,199 sqft on the 15th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 December 2024 for AED 1,935,953, or AED 1,615 per sqft, 16% above the AED 1,395 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1506 sits
All 81 1-beds →1506 last sold in December 2024 at AED 1,615 per sqft, 16% above what one-beds in Shams 1 were fetching at the time (AED 1,395). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,182 sqft | 1,775,000 | 1,501 | ||
| 8 May 20258 May 2025 | 485 sqft | 1,480,387 | 3,054 | ||
| 24 Apr 202524 April 2025 | 1,182 sqft | 1,600,000 | 1,353 | ||
| 24 Mar 202524 March 2025 | 1,342 sqft | 1,642,322 | 1,224 |
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 15th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,884 sqft | AED 2.45MAED 2,450,000 · Mar 2024March 2024 | 135,000 /yr | |
| 1502 | 3-bed | 1,884 sqft | AED 2.05MAED 2,050,000 · Mar 2023March 2023 | 150,000 /yr | |
| 1503 | 1-bed | 1,199 sqft | AED 1.73MAED 1,725,000 · Jun 2014June 2014 | 109,000 /yr | |
| 1504 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Nov 2022November 2022 | 100,000 /yr | |
| 1505 | 1-bed | 1,199 sqft | AED 1.73MAED 1,730,000 · Nov 2023November 2023 | 130,000 /yr | |
| 1507 | 1,884 sqft | AED 2.55MAED 2,550,000 · Sep 2025September 2025 | 122,000 /yr | ||
| 1508 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Aug 2024August 2024 | 185,000 /yr |
1506, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 13 December 2024 for AED 1,935,953 (AED 1,615 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 13 December 2024.
Questions about 1506, Shams 1
What did unit 1506 last sell for?
AED 1,935,953 on 13 December 2024: AED 1,615 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
How big is unit 1506?
1,199 sqft (111.4 sqm): a one-bedroom apartment on the 15th floor of a 43-storey tower completed in 2007.
What is unit 1506 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 1506, Shams 1
Starts from the last sale price (AED 1.94M, 13 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,935,953
- Deposit, UAE resident (20%)
- AED 387,191
- Deposit, non-resident (40%)
- AED 774,381
- Monthly over 25 years at 3.7%
- AED 7,921
Plus AED 86,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →