705, Shams 1
Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Shams 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 30 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 7th of 43
- Parking
- B12
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.55M · January 2014
- Building
- Shams 1
About 705, Shams 1
705 is a one-bedroom apartment of 1,182 sqft on the 7th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 January 2014 for AED 1,550,000, or AED 1,311 per sqft, 24% above the AED 1,057 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 30 December 2025, is AED 92,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 17,800 a year.
Sales and rents for 705 over time
705 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 705 sits
All 84 1-beds →705 last sold in January 2014 at AED 1,311 per sqft, 24% above what one-beds in Shams 1 were fetching at the time (AED 1,057). 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. 705's AED 92,000 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 7th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,884 sqft | AED 2.11MAED 2,113,000 · Mar 2023March 2023 | 100,000 /yr | |
| 702 | 3-bed | 1,884 sqft | AED 2.2MAED 2,200,000 · Oct 2023October 2023 | 131,250 /yr | |
| 703 | 1-bed | 1,182 sqft | AED 1.25MAED 1,250,000 · Oct 2013October 2013 | 80,000 /yr | |
| 704 | 1-bed | 1,182 sqft | AED 1.6MAED 1,600,000 · Apr 2025April 2025 | 80,000 /yr | |
| 706 | 1-bed | 1,182 sqft | AED 1.65MAED 1,650,000 · Jan 2024January 2024 | 130,000 /yr | |
| 707 | 3-bed | 1,884 sqft | AED 2.3MAED 2,300,000 · Jun 2023June 2023 | 180,124 /yr | |
| 708 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Jun 2026June 2026 | 180,000 /yr |
705, Shams 1 in numbers
- Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 29 January 2014 for AED 1,550,000 (AED 1,311 per sqft).
- Rented since June 2017 on 10 Ejari contracts. The rent fell from AED 97,000 to AED 40,000 in 2019 and recovered to AED 92,000 by December 2025.
- At AED 92,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 17,800 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 30 December 2025.
Questions about 705, Shams 1
What did unit 705 last sell for?
AED 1,550,000 on 29 January 2014: AED 1,311 per sqft for 1,182 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 705?
AED 92,000 a year on the contract renewed on 30 December 2025. The previous contract, from December 2024, was AED 90,000; the unit has been rented since June 2017.
How big is unit 705?
1,182 sqft (109.8 sqm): a one-bedroom apartment on the 7th floor of a 43-storey tower completed in 2007.
What is unit 705 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 705, Shams 1
Starts from the last sale price (AED 1.55M, 29 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →