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1-bed · 1,199 sqftShams 1, Jumeirah Beach Residence · 15th floor · completed 2007

1506, Shams 1

Sold prices and rental history: sold 3 times, last in December 2024, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.94M13 December 2024
Current rentAED 80K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Shams 1

What is 1506 worth today?

Last sold for AED 1,935,953 in 2024

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1 Jun 2026RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
13 Dec 2024SoldReady
AED 1,935,953AED 1,615 per sqft
6 Aug 2018SoldReady
AED 1,450,000AED 1,209 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 891 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

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, 20% above the AED 1,345 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2026. The current contract, renewed on 1 June 2026, is AED 80,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Shams 1
1M1.5M2M20112015201920232027Typical sale price by year: 2011 AED 1,069,182; 2013 AED 1,250,000; 2014 AED 1,662,500; 2015 AED 1,470,000; 2017 AED 1,375,000; 2018 AED 1,375,000; 2019 AED 1,600,000; 2021 AED 1,300,000; 2022 AED 1,450,000; 2023 AED 1,440,000; 2024 AED 1,590,000; 2025 AED 1,640,000; 2026 AED 1,710,000Sold by developer, September 2011: AED 1,069,182 (AED 891 per sqft)Sold, August 2018: AED 1,450,000 (AED 1,209 per sqft)Sold, December 2024: AED 1,935,953 (AED 1,615 per sqft)

1506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Shams 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 70,438; 2013 AED 102,500; 2014 AED 117,750; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,500; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 94,750; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 100,000Renewal, June 2026: AED 80,000 a year

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 84 1-beds →

1506 last sold in December 2024 at AED 1,615 per sqft, 20% above what one-beds in Shams 1 were fetching at the time (AED 1,345). 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. 1506's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,300,000
5 Aug 20263,500,000
17 Apr 20261,570,150
6 Apr 20263,260,000
7 1-bed sales 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. 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%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 15th floor

All 309 units in Shams 1
Value
15013-bedAED 2.45M · Mar 2024
15023-bedAED 2.05M · Mar 2023
15031-bedAED 1.73M · Jun 2014
15041-bedAED 1.4M · Nov 2022
15051-bedAED 1.73M · Nov 2023
15073-bedAED 2.55M · Sep 2025
15083-bedAED 2.5M · Aug 2024

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).
  • Rented since June 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.1%, 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 1 June 2026.

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.

What is the rent for unit 1506?

AED 80,000 a year on the contract renewed on 1 June 2026.

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 900,000 to 3,500,000 in the last 12 months, around AED 1,426 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →