2-bed · 1,263 sqftShams 4, Jumeirah Beach Residence · 17th floor · completed 2007

1705, Shams 4

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.82M21 June 2022
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Shams 4

What is 1705 worth today?

Last sold for AED 1,820,000 in 2022

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1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
17 May 2023RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
21 Jun 2022SoldReady
AED 1,820,000AED 1,441 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
3 Jan 2016SoldReady
AED 1,460,000AED 1,156 per sqft
7 Oct 2009Sold by developerReady
AED 1,731,200AED 1,371 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
17th of 41
Parking
B378
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.82M · June 2022
Building
Shams 4

About 1705, Shams 4

1705 is a two-bedroom apartment of 1,263 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 21 June 2022 for AED 1,820,000, or AED 1,441 per sqft, 29% above the AED 1,119 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 21,000 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, October 2009: AED 1,731,200 (AED 1,371 per sqft)Sold, January 2016: AED 1,460,000 (AED 1,156 per sqft)Sold, June 2022: AED 1,820,000 (AED 1,441 per sqft)

1705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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 131,079New contract, May 2023: AED 120,000 a year

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 1705 sits

All 108 2-beds →

1705 last sold in June 2022 at AED 1,441 per sqft, 29% above what two-beds in Shams 4 were fetching at the time (AED 1,119). 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. 1705'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
17012-bedAED 2.1M · Jul 2012
17022-bedAED 2M · Aug 2022
17031-bedAED 1.6M · May 2008
17041-bedAED 1.08M · Mar 2019
17062-bedAED 1.25M · Apr 2009

1705, Shams 4 in numbers

  • Sold 3 times: first on 7 October 2009 for AED 1,731,200, last on 21 June 2022 for AED 1,820,000 (AED 1,441 per sqft).
  • Rented since September 2017 on 4 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 1705, Shams 4

What did unit 1705 last sell for?

AED 1,820,000 on 21 June 2022: AED 1,441 per sqft for 1,263 sqft. The unit has 3 registered sales; the first was AED 1,731,200 in October 2009.

What is the rent for unit 1705?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from May 2023, was AED 120,000; the unit has been rented since September 2017.

How big is unit 1705?

1,263 sqft (117.3 sqm): a two-bedroom apartment on the 17th floor of a 41-storey tower completed in 2007.

What is unit 1705 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 1705, Shams 4

Starts from the last sale price (AED 1.82M, 21 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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