1-bed · 1,171 sqftShams 4, Jumeirah Beach Residence · 17th floor · completed 2007

1704, Shams 4

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.08M11 March 2019
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Shams 4

What is 1704 worth today?

Last sold for AED 1,075,000 in 2019

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1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
17 Feb 2023RentedRenewal
AED 75,900/yr12 months · AED 65 per sqft
17 Feb 2022RentedNew contract
AED 69,000/yr12 months · AED 59 per sqft
17 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
17 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft
11 Mar 2019SoldReady
AED 1,075,000AED 917 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
1,171 sqft
Floor
17th of 41
Parking
B379
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 1.08M · March 2019
Building
Shams 4

About 1704, Shams 4

1704 is a one-bedroom apartment of 1,171 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 11 March 2019 for AED 1,075,000, or AED 917 per sqft, 9% below the AED 1,007 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 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 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Shams 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,594,969; 2009 AED 2,000,000; 2010 AED 1,290,171; 2011 AED 1,250,000; 2012 AED 700,000; 2013 AED 1,625,000; 2014 AED 2,060,000; 2015 AED 1,497,485; 2016 AED 1,550,000; 2018 AED 1,410,000; 2019 AED 1,240,000; 2020 AED 1,125,000; 2021 AED 1,150,000; 2022 AED 1,475,000; 2023 AED 1,975,000; 2024 AED 2,000,000; 2025 AED 2,050,000Sold by developer, January 2008: AED 1,340,341 (AED 1,144 per sqft)Sold, March 2019: AED 1,075,000 (AED 917 per sqft)

1704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Shams 4
50K100K2012201620202024Typical rent by year: 2012 AED 87,265; 2013 AED 96,500; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 117,000; 2017 AED 119,678; 2018 AED 104,233; 2019 AED 87,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,375; 2023 AED 83,230; 2024 AED 106,500; 2025 AED 112,000; 2026 AED 100,000New contract, July 2013: AED 100,000 a yearNew contract, August 2016: AED 95,000 a yearNew contract, August 2017: AED 90,000 a yearNew contract, February 2020: AED 75,000 a yearNew contract, February 2021: AED 60,000 a yearNew contract, February 2022: AED 69,000 a yearRenewal, February 2023: AED 75,900 a year

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 1704 sits

All 58 1-beds →

1704 last sold in March 2019 at AED 917 per sqft, 9% below what one-beds in Shams 4 were fetching at the time (AED 1,007). 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. 1704's AED 53 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20262,950,000
1 Oct 20252,050,000
14 Jul 20252,100,000
26 Feb 20251,550,000
1 1-bed sale 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
17012-bedAED 2.1M · Jul 2012
17022-bedAED 2M · Aug 2022
17031-bedAED 1.6M · May 2008
17052-bedAED 1.82M · Jun 2022
17062-bedAED 1.25M · Apr 2009

1704, Shams 4 in numbers

  • Sold twice: first on 30 January 2008 for AED 1,340,341, last on 11 March 2019 for AED 1,075,000 (AED 917 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 100,000 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 1704, Shams 4

What did unit 1704 last sell for?

AED 1,075,000 on 11 March 2019: AED 917 per sqft for 1,171 sqft. The unit has 2 registered sales; the first was AED 1,340,341 in January 2008.

What is the rent for unit 1704?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from February 2023, was AED 75,900; the unit has been rented since July 2013.

How big is unit 1704?

1,171 sqft (108.8 sqm): a one-bedroom apartment on the 17th floor of a 41-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 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 1704, Shams 4

Starts from the last sale price (AED 1.08M, 11 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →