1508, Shams 1
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Shams 1
What is 1508 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,884 sqft
- Floor
- 15th of 43
- Parking
- G23/ G24
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.5M · August 2024
- Building
- Shams 1
About 1508, Shams 1
1508 is a three-bedroom apartment of 1,884 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 26 August 2024 for AED 2,500,000, or AED 1,326 per sqft, in line with the AED 1,300 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 10 November 2025, is AED 185,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 28,300 a year.
Sales and rents for 1508 over time
1508 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1508 sits
All 104 3-beds →1508 last sold in August 2024 at AED 1,326 per sqft, in line with what three-beds in Shams 1 were fetching at the time (AED 1,300). Over the last 12 months three-beds sold for AED 2,500,000 to 2,935,000, around AED 1,461 per sqft, and rent for AED 145,000 to 250,000 a year. 1508's AED 185,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,884 sqft | 2,825,000 | 1,499 | ||
| 3 Jun 20263 June 2026 | 1,884 sqft | 2,500,000 | 1,326 | ||
| 21 May 202621 May 2026 | 1,884 sqft | 2,580,000 | 1,369 | ||
| 15 May 202615 May 2026 | 1,884 sqft | 2,900,000 | 1,539 |
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 | |
| 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 | |
| 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, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 26 August 2024 for AED 2,500,000 (AED 1,326 per sqft).
- Rented since April 2012 on 10 Ejari contracts, from AED 105,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 28,300 a year (AED 15.02 per sqft).
- Three-beds in Shams 1 sold for AED 2,500,000–2,935,000 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 10 November 2025.
Questions about 1508, Shams 1
What did unit 1508 last sell for?
AED 2,500,000 on 26 August 2024: AED 1,326 per sqft for 1,884 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 1508?
AED 185,000 a year on the contract signed on 10 November 2025. The previous contract, from January 2025, was AED 185,000; the unit has been rented since April 2012.
How big is unit 1508?
1,884 sqft (175.0 sqm): a three-bedroom apartment on the 15th floor of a 43-storey tower completed in 2007.
What is unit 1508 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 2,500,000 to 2,935,000 in the last 12 months, around AED 1,461 per sqft.
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Mortgage on 1508, Shams 1
Starts from the last sale price (AED 2.5M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →