1704, Shams 1
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Shams 1
What is 1704 worth today?
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Source: Dubai Land Department. Updated 5 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,199 sqft
- Floor
- 17th of 43
- Parking
- B125
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.5M · January 2023
- Building
- Shams 1
About 1704, Shams 1
1704 is a one-bedroom apartment of 1,199 sqft on the 17th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 January 2023 for AED 1,500,000, or AED 1,251 per sqft, in line with the AED 1,251 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 June 2023, is AED 105,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 18,000 a year.
Sales and rents for 1704 over time
1704 has sold twice; 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 1704 sits
All 84 1-beds →1704 last sold in January 2023 at AED 1,251 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,251). 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. 1704's AED 105,000 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 17th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 1,884 sqft | AED 2.1MAED 2,100,000 · Dec 2021December 2021 | 124,615 /yr | |
| 1702 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Mar 2024March 2024 | 140,000 /yr | |
| 1703 | 1-bed | 1,199 sqft | AED 1.64MAED 1,640,000 · Mar 2025March 2025 | 160,000 /yr | |
| 1705 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Oct 2013October 2013 | 100,000 /yr | |
| 1706 | 1-bed | 1,199 sqft | AED 1.71MAED 1,710,000 · Mar 2026March 2026 | 121,000 /yr | |
| 1707 | 3-bed | 1,884 sqft | AED 1.66MAED 1,660,000 · Mar 2021March 2021 | 250,000 /yr | |
| 1708 | 3-bed | 1,884 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 210,000 /yr |
1704, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 10 January 2023 for AED 1,500,000 (AED 1,251 per sqft).
- Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 105,000 by June 2023.
- At AED 105,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 18,000 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 5 June 2023.
Questions about 1704, Shams 1
What did unit 1704 last sell for?
AED 1,500,000 on 10 January 2023: AED 1,251 per sqft for 1,199 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 1704?
AED 105,000 a year on the contract signed on 5 June 2023. The previous contract, from October 2022, was AED 85,000; the unit has been rented since October 2019.
How big is unit 1704?
1,199 sqft (111.4 sqm): a one-bedroom apartment on the 17th floor of a 43-storey tower completed in 2007.
What is unit 1704 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 1704, Shams 1
Starts from the last sale price (AED 1.5M, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →