503, Shams 1
Sold prices and rental history: sold 5 times, last in May 2025, 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 503, Shams 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 8 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 485 sqft
- Floor
- 5th of 43
- Parking
- B329
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 7,300 /yr
- Last sold
- AED 1.48M · May 2025
- Building
- Shams 1
About 503, Shams 1
503 is a one-bedroom apartment of 485 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 8 May 2025 for AED 1,480,387, or AED 3,054 per sqft, 127% above the AED 1,344 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 64,000 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 7,300 a year.
Sales and rents for 503 over time
503 has sold 5 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 503 sits
All 84 1-beds →503 last sold in May 2025 at AED 3,054 per sqft, 127% above what one-beds in Shams 1 were fetching at the time (AED 1,344). 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. 503's AED 64,000 is at the bottom 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 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 | 195,000 /yr | |
| 504 | 1-bed | 1,182 sqft | AED 748KAED 747,500 · Dec 2016December 2016 | ||
| 505 | 1-bed | 1,182 sqft | AED 1.35MAED 1,350,000 · Sep 2021September 2021 | 115,320 /yr | |
| 506 | 1-bed | 1,182 sqft | AED 835KAED 835,000 · Jan 2015January 2015 | 95,000 /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 |
503, Shams 1 in numbers
- Sold 5 times: first on 19 September 2011 for AED 1,069,182, last on 8 May 2025 for AED 1,480,387 (AED 3,054 per sqft).
- Rented since December 2013 on 5 Ejari contracts, from AED 115,000 to AED 64,000 a year.
- At AED 64,000 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 7,300 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 8 May 2025.
Questions about 503, Shams 1
What did unit 503 last sell for?
AED 1,480,387 on 8 May 2025: AED 3,054 per sqft for 485 sqft. The unit has 5 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 503?
AED 64,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 75,000; the unit has been rented since December 2013.
How big is unit 503?
485 sqft (45.1 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2007.
What is unit 503 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 503, Shams 1
Starts from the last sale price (AED 1.48M, 8 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,387
- Deposit, UAE resident (20%)
- AED 296,077
- Deposit, non-resident (40%)
- AED 592,155
- Monthly over 25 years at 3.7%
- AED 6,057
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →