1501, Shams 4
Sold prices and rental history: sold 5 times, last in August 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Shams 4
What is 1501 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,862 sqft
- Floor
- 15th of 41
- Parking
- G133/ G134
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,000 /yr
- Last sold
- AED 2.5M · August 2022
- Building
- Shams 4
About 1501, Shams 4
1501 is a three-bedroom apartment of 1,862 sqft on the 15th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 August 2022 for AED 2,500,000, or AED 1,342 per sqft, 29% above the AED 1,044 three-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 31,000 a year.
Sales and rents for 1501 over time
1501 has sold 5 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shams 4, and where 1501 sits
All 42 3-beds →1501 last sold in August 2022 at AED 1,342 per sqft, 29% above what three-beds in Shams 4 were fetching at the time (AED 1,044). Over the last 12 months three-beds sold for AED 2,555,000 to 3,000,000, around AED 1,492 per sqft, and rent for AED 35,135 to 244,343 a year. 1501's AED 53 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,862 sqft | 3,000,000 | 1,611 | ||
| 12 Feb 202612 February 2026 | 1,862 sqft | 2,555,000 | 1,372 | ||
| 23 Oct 202523 October 2025 | 1,862 sqft | 2,950,000 | 1,584 | ||
| 1 Sep 20251 September 2025 | 1,862 sqft | 2,400,000 | 1,288 |
Shams 4
Building225 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,679 Down 1.4%
- Typical sale
- AED 2.98M
- Typical rent
- AED 130K /yr
- Typical yield
- 5.2%
Other units on the 15th floor
All 225 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 1,862 sqft | AED 2.57MAED 2,569,000 · Jul 2024July 2024 | 53 /yr | |
| 1503 | 1-bed | 1,171 sqft | AED 2.1MAED 2,100,000 · Oct 2014October 2014 | 53 /yr | |
| 1504 | 1-bed | 1,171 sqft | AED 1.43MAED 1,425,000 · Jun 2022June 2022 | 100,000 /yr | |
| 1505 | 2-bed | 1,305 sqft | AED 2MAED 2,000,000 · May 2008May 2008 | 127,050 /yr | |
| 1506 | 2-bed | 1,305 sqft | AED 2.05MAED 2,050,000 · Dec 2023December 2023 | 53 /yr |
1501, Shams 4 in numbers
- Sold 5 times: first on 30 January 2008 for AED 2,750,000, last on 10 August 2022 for AED 2,500,000 (AED 1,342 per sqft).
- Rented since September 2017 on 3 Ejari contracts. The rent fell from AED 53 to AED 11 in 2018 and recovered to AED 53 by September 2023.
- Three-beds in Shams 4 sold for AED 2,555,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,679 per sqft.
Source: Dubai Land Department. Updated 1 September 2023.
Questions about 1501, Shams 4
What did unit 1501 last sell for?
AED 2,500,000 on 10 August 2022: AED 1,342 per sqft for 1,862 sqft. The unit has 5 registered sales; the first was AED 2,750,000 in January 2008.
What is the rent for unit 1501?
AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from September 2018, was AED 11; the unit has been rented since September 2017.
How big is unit 1501?
1,862 sqft (173.0 sqm): a three-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 4 sold for AED 2,555,000 to 3,000,000 in the last 12 months, around AED 1,492 per sqft.
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Mortgage on 1501, Shams 4
Starts from the last sale price (AED 2.5M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →