Unit 505, Shoaq Residences: what it sold for and what it is worth now

Unit 505 at Shoaq Residences is a 1 bed of 751 sq ft. It last sold for AED 2,501,000 on 29 May 2025. At AED 3,335 per sq ft, from 6 sales of units ending 05 (same position in the tower), it is worth about AED 2,505,000 today.

Value todayAED 2,505,000AED 2,493,000 to AED 2,515,000
Last saleAED 2,501,00029 May 2025 · Off-plan
Change since last sale+0.2%Building trend alone: AED 2,498,939
Bedrooms1 bed
Size751 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingShoaq Residences by Avenew, handed over 2027
Registered sales of this unit1

Every registered sale of unit 505

DatePriceSizeAED/sq ftType
29 May 2025AED 2,501,000751 sq ft3,330Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
70518 Nov 2025AED 36,736,0006,511 sq ft5,642Off-plan
2054 Aug 2025AED 2,418,000730 sq ft3,312Off-plan
6052 Jul 2025AED 2,447,000730 sq ft3,352Off-plan
40511 Jun 2025AED 2,438,000730 sq ft3,340Off-plan
30523 May 2025AED 2,493,000752 sq ft3,315Off-plan

Latest 1 bed sales in Shoaq Residences

UnitDatePriceSizeAED/sq ftType
30425 Sep 2026AED 2,060,166733 sq ft2,811Off-plan
31112 Aug 2025AED 2,530,000762 sq ft3,320Off-plan
4134 Aug 2025AED 3,331,0001,127 sq ft2,956Off-plan
5074 Aug 2025AED 2,616,000752 sq ft3,479Off-plan
2054 Aug 2025AED 2,418,000730 sq ft3,312Off-plan
30724 Jul 2025AED 2,596,000752 sq ft3,452Off-plan
41217 Jul 2025AED 3,396,0001,069 sq ft3,177Off-plan
20715 Jul 2025AED 2,572,000750 sq ft3,429Off-plan

How we worked out the value

We took the 6 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 3,335). We multiplied it by the size of this unit (751 sq ft). The range uses the middle half of those sales (AED 3,319 to AED 3,349 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,498,939. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 505 at Shoaq Residences worth?

About AED 2,505,000 (range AED 2,493,000 to AED 2,515,000), based on AED 3,335 per sq ft from registered sales up to 25 Sep 2026.

When did unit 505 last sell?

29 May 2025, for AED 2,501,000 (off-plan). It has 1 registered sale.

Sales alert for Shoaq ResidencesAll sales in Shoaq Residences

Unit 504 · Unit 506