1-bed · 1,182 sqftShams 1, Jumeirah Beach Residence · 5th floor · completed 2007

504, Shams 1

Sold prices and rental history: sold 4 times, last in December 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 18 December 2016
Last soldAED 748K18 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Shams 1

What is 504 worth today?

Last sold for AED 747,500 in 2016

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18 Dec 2016SoldReady
AED 747,500AED 632 per sqft
23 Oct 2013SoldReady
AED 1,450,000AED 1,226 per sqft
3 Oct 2013SoldReady
AED 1,250,000AED 1,057 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 904 per sqft

Source: Dubai Land Department. Updated 18 December 2016.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
5th of 43
Parking
B328
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 748K · December 2016
Building
Shams 1

About 504, Shams 1

504 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 18 December 2016 for AED 747,500, or AED 632 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Shams 1
1M1.5M20112015201920232027Typical 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 904 per sqft)Sold, October 2013: AED 1,450,000 (AED 1,226 per sqft)Sold, October 2013: AED 1,250,000 (AED 1,057 per sqft)Sold, December 2016: AED 747,500 (AED 632 per sqft)

504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, 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 100,000

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 504 sits

All 84 1-beds →

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.

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 5th floor

All 309 units in Shams 1
Value
5013-bedAED 1.3M · May 2017
5023-bedAED 2.45M · Aug 2024
5031-bedAED 1.48M · May 2025
5051-bedAED 1.35M · Sep 2021
5061-bedAED 835K · Jan 2015
5073-bedAED 2.13M · Nov 2013
5083-bedAED 2.6M · May 2025

504, Shams 1 in numbers

  • Sold 4 times: first on 19 September 2011 for AED 1,069,182, last on 18 December 2016 for AED 747,500 (AED 632 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 18 December 2016.

Questions about 504, Shams 1

What did unit 504 last sell for?

AED 747,500 on 18 December 2016: AED 632 per sqft for 1,182 sqft. The unit has 4 registered sales; the first was AED 1,069,182 in September 2011.

How big is unit 504?

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 504 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 504, Shams 1

Starts from the last sale price (AED 748K, 18 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 747,500
Deposit, UAE resident (20%)
AED 149,500
Deposit, non-resident (40%)
AED 299,000
Monthly over 25 years at 3.7%
AED 3,058

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →