1503, Shams 4
Sold prices and rental history: sold 3 times, last in October 2014, 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 1503, Shams 4
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,171 sqft
- Floor
- 15th of 41
- Parking
- B386
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,500 /yr
- Last sold
- AED 2.1M · October 2014
- Building
- Shams 4
About 1503, Shams 4
1503 is a one-bedroom apartment of 1,171 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 16 October 2014 for AED 2,100,000, or AED 1,792 per sqft, in line with the AED 1,758 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 19,500 a year.
Sales and rents for 1503 over time
1503 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 4, and where 1503 sits
All 58 1-beds →1503 last sold in October 2014 at AED 1,792 per sqft, in line with what one-beds in Shams 4 were fetching at the time (AED 1,758). Over the last 12 months one-beds sold for AED 2,950,000, around AED 1,840 per sqft, and rent for AED 80,000 to 180,000 a year. 1503's AED 53 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 1,603 sqft | 2,950,000 | 1,840 | ||
| 1 Oct 20251 October 2025 | 1,171 sqft | 2,050,000 | 1,749 | ||
| 14 Jul 202514 July 2025 | 1,171 sqft | 2,100,000 | 1,792 | ||
| 26 Feb 202526 February 2025 | 1,171 sqft | 1,550,000 | 1,323 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,862 sqft | AED 2.5MAED 2,500,000 · Aug 2022August 2022 | 53 /yr | |
| 1502 | 3-bed | 1,862 sqft | AED 2.57MAED 2,569,000 · Jul 2024July 2024 | 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 |
1503, Shams 4 in numbers
- Sold 3 times: first on 22 January 2008 for AED 1,594,969, last on 16 October 2014 for AED 2,100,000 (AED 1,792 per sqft).
- Rented since January 2014 on 4 Ejari contracts. The rent fell from AED 96,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.
- One-beds in Shams 4 sold for AED 2,950,000–2,950,000 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 1503, Shams 4
What did unit 1503 last sell for?
AED 2,100,000 on 16 October 2014: AED 1,792 per sqft for 1,171 sqft. The unit has 3 registered sales; the first was AED 1,594,969 in January 2008.
What is the rent for unit 1503?
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 January 2014.
How big is unit 1503?
1,171 sqft (108.8 sqm): a one-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 4 sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 1,840 per sqft.
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Mortgage on 1503, Shams 4
Starts from the last sale price (AED 2.1M, 16 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →