704, Shams 1
Sold prices and rental history: sold 5 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Shams 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 24 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,182 sqft
- Floor
- 7th of 43
- Parking
- B145
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.6M · April 2025
- Building
- Shams 1
About 704, Shams 1
704 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 24 April 2025 for AED 1,600,000, or AED 1,353 per sqft, in line with the AED 1,334 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 6 October 2020, is AED 80,000 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 17,800 a year.
Sales and rents for 704 over time
704 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 704 sits
All 84 1-beds →704 last sold in April 2025 at AED 1,353 per sqft, in line with what one-beds in Shams 1 were fetching at the time (AED 1,334). 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. 704's AED 80,000 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 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 | |
| 705 | 1-bed | 1,182 sqft | AED 1.55MAED 1,550,000 · Jan 2014January 2014 | 92,000 /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 |
704, Shams 1 in numbers
- Sold 5 times: first on 19 September 2011 for AED 1,069,182, last on 24 April 2025 for AED 1,600,000 (AED 1,353 per sqft).
- Rented since February 2014 on 7 Ejari contracts, from AED 115,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 5.0%, 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 24 April 2025.
Questions about 704, Shams 1
What did unit 704 last sell for?
AED 1,600,000 on 24 April 2025: AED 1,353 per sqft for 1,182 sqft. The unit has 5 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 704?
AED 80,000 a year on the contract signed on 6 October 2020. The previous contract, from September 2019, was AED 75,000; the unit has been rented since February 2014.
How big is unit 704?
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 704 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 704, Shams 1
Starts from the last sale price (AED 1.6M, 24 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →