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2-bed · 1,835 sqftShams 4, Jumeirah Beach Residence · 17th floor · completed 2007

1701, Shams 4

Sold prices and rental history: sold twice, last in July 2012, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 2.1M22 July 2012
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1701, Shams 4

What is 1701 worth today?

Last sold for AED 2,100,000 in 2012

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1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
22 Jul 2012SoldReady
AED 2,100,000AED 1,144 per sqft
4 Mar 2008Sold by developerReady
AED 2,200,000AED 1,198 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,835 sqft
Floor
17th of 41
Parking
B382
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,600 /yr
Last sold
AED 2.1M · July 2012
Building
Shams 4

About 1701, Shams 4

1701 is a two-bedroom apartment of 1,835 sqft on the 17th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 July 2012 for AED 2,100,000, or AED 1,144 per sqft, in line with the AED 1,144 two-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 30,600 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in Shams 4
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,950,000; 2009 AED 1,787,022; 2010 AED 1,443,390; 2011 AED 1,740,000; 2012 AED 1,675,000; 2013 AED 1,792,500; 2014 AED 2,215,000; 2015 AED 2,043,000; 2016 AED 1,825,000; 2017 AED 1,812,500; 2018 AED 1,630,000; 2019 AED 1,300,000; 2020 AED 1,111,111; 2021 AED 1,552,500; 2022 AED 1,821,070; 2023 AED 2,025,000; 2024 AED 2,300,000; 2025 AED 1,850,000; 2026 AED 2,800,000Sold by developer, March 2008: AED 2,200,000 (AED 1,198 per sqft)Sold, July 2012: AED 2,100,000 (AED 1,144 per sqft)

1701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Shams 4
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 120,250; 2014 AED 125,000; 2015 AED 131,625; 2016 AED 130,726; 2017 AED 128,000; 2018 AED 120,000; 2019 AED 106,000; 2020 AED 90,000; 2021 AED 87,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 130,000; 2025 AED 132,500; 2026 AED 131,079

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shams 4, and where 1701 sits

All 108 2-beds →

1701 last sold in July 2012 at AED 1,144 per sqft, in line with what two-beds in Shams 4 were fetching at the time (AED 1,144). Over the last 12 months two-beds sold for AED 1,800,000 to 3,100,000, around AED 1,846 per sqft, and rent for AED 95,000 to 200,000 a year. 1701's AED 53 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20263,000,000
1 May 20262,600,000
26 Mar 20262,380,000
24 Feb 20263,100,000
6 2-bed sales in the last 12 months

Shams 4

Building

225 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%
Shams 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 17th floor

All 225 units in Shams 4
Value
17022-bedAED 2M · Aug 2022
17031-bedAED 1.6M · May 2008
17041-bedAED 1.08M · Mar 2019
17052-bedAED 1.82M · Jun 2022
17062-bedAED 1.25M · Apr 2009

1701, Shams 4 in numbers

  • Sold twice: first on 4 March 2008 for AED 2,200,000, last on 22 July 2012 for AED 2,100,000 (AED 1,144 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.
  • Two-beds in Shams 4 sold for AED 1,800,000–3,100,000 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 1701, Shams 4

What did unit 1701 last sell for?

AED 2,100,000 on 22 July 2012: AED 1,144 per sqft for 1,835 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in March 2008.

What is the rent for unit 1701?

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 1701?

1,835 sqft (170.5 sqm): a two-bedroom apartment on the 17th floor of a 41-storey tower completed in 2007.

What is unit 1701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 4 sold for AED 1,800,000 to 3,100,000 in the last 12 months, around AED 1,846 per sqft.

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Mortgage on 1701, Shams 4

Starts from the last sale price (AED 2.1M, 22 July 2012). 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 →