505, Shams 1
Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Shams 1
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 5th of 43
- Parking
- B10
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.35M · September 2021
- Building
- Shams 1
About 505, Shams 1
505 is a one-bedroom apartment of 1,182 sqft on the 5th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 September 2021 for AED 1,350,000, or AED 1,142 per sqft, 19% above the AED 956 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 3 December 2025, is AED 115,320 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 17,800 a year.
Sales and rents for 505 over time
505 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 505 sits
All 81 1-beds →505 last sold in September 2021 at AED 1,142 per sqft, 19% above what one-beds in Shams 1 were fetching at the time (AED 956). 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. 505's AED 115,320 is in the lower half of that range.
| 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 5th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,884 sqft | AED 1.3MAED 1,300,000 · May 2017May 2017 | 175,000 /yr | |
| 502 | 3-bed | 1,884 sqft | AED 2.45MAED 2,450,000 · Aug 2024August 2024 | 215,000 /yr | |
| 503 | 1-bed | 485 sqft | AED 1.48MAED 1,480,387 · May 2025May 2025 | 64,000 /yr | |
| 504 | 1-bed | 1,182 sqft | AED 748KAED 747,500 · Dec 2016December 2016 | ||
| 506 | 1-bed | 1,182 sqft | AED 835KAED 835,000 · Jan 2015January 2015 | 110,000 /yr | |
| 507 | 3-bed | 1,884 sqft | AED 2.13MAED 2,125,000 · Nov 2013November 2013 | 110,250 /yr | |
| 508 | 3-bed | 1,884 sqft | AED 2.6MAED 2,600,000 · May 2025May 2025 | 130,000 /yr |
505, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 15 September 2021 for AED 1,350,000 (AED 1,142 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 109,412 to AED 95,000 in 2022 and recovered to AED 115,320 by December 2025.
- At AED 115,320 a year the gross yield on the 2021 price is 8.5%, 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 3 December 2025.
Questions about 505, Shams 1
What did unit 505 last sell for?
AED 1,350,000 on 15 September 2021: AED 1,142 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 505?
AED 115,320 a year on the contract signed on 3 December 2025. The previous contract, from February 2025, was AED 105,000; the unit has been rented since November 2013.
How big is unit 505?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2007.
What is unit 505 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 505, Shams 1
Starts from the last sale price (AED 1.35M, 15 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →