1503, Shams 1
Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Shams 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 11 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,199 sqft
- Floor
- 15th of 43
- Parking
- B20
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.73M · June 2014
- Building
- Shams 1
About 1503, Shams 1
1503 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 3 June 2014 for AED 1,725,000, or AED 1,439 per sqft, 23% above the AED 1,167 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 11 September 2026, is AED 109,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 18,000 a year.
Sales and rents for 1503 over time
1503 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 1503 sits
All 84 1-beds →1503 last sold in June 2014 at AED 1,439 per sqft, 23% above what one-beds in Shams 1 were fetching at the time (AED 1,167). Over the last 12 months one-beds sold for AED 900,000 to 3,500,000, around AED 1,426 per sqft, and rent for AED 80,000 to 167,000 a year. 1503's AED 109,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,199 sqft | 1,300,000 | 1,084 | ||
| 5 Aug 20265 August 2026 | 1,522 sqft | 3,500,000 | 2,299 | ||
| 17 Apr 202617 April 2026 | 1,199 sqft | 1,570,150 | 1,309 | ||
| 6 Apr 20266 April 2026 | 2,598 sqft | 3,260,000 | 1,254 |
Shams 1
Building309 apartments, 1-bed to 3-bed over 43 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 20 sold in the last 12 months.
- Typical price per sqft
- AED 1,497 Down 4.2%
- Typical sale
- AED 2.39M
- Typical rent
- AED 127K /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 | |
| 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 | |
| 1506 | 1-bed | 1,199 sqft | AED 1.94MAED 1,935,953 · Dec 2024December 2024 | 80,000 /yr | |
| 1507 | 3-bed | 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 |
1503, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 3 June 2014 for AED 1,725,000 (AED 1,439 per sqft).
- Rented since January 2015 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 62,000 in 2020 and recovered to AED 109,000 by September 2026.
- At AED 109,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 18,000 a year (AED 15.02 per sqft).
- One-beds in Shams 1 sold for AED 900,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,497 per sqft.
Source: Dubai Land Department. Updated 11 September 2026.
Questions about 1503, Shams 1
What did unit 1503 last sell for?
AED 1,725,000 on 3 June 2014: AED 1,439 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 1503?
AED 109,000 a year on the contract renewed on 11 September 2026. The previous contract, from September 2025, was AED 109,000; the unit has been rented since January 2015.
How big is unit 1503?
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 1503 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 900,000 to 3,500,000 in the last 12 months, around AED 1,426 per sqft.
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Mortgage on 1503, Shams 1
Starts from the last sale price (AED 1.73M, 3 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →