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

1706, Shams 4

Sold prices and rental history: sold twice, last in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 1.25M19 April 2009
Current rentAED 91K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Shams 4

What is 1706 worth today?

Last sold for AED 1,250,000 in 2009

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20 Feb 2025RentedRenewal
AED 91,200/yr12 months · AED 72 per sqft
20 Feb 2025RentedRenewal
AED 91,200/yr12 months · AED 72 per sqft
20 Feb 2024RentedRenewal
AED 76,000/yr12 months · AED 60 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
20 Feb 2023RentedRenewal
AED 69,300/yr12 months · AED 55 per sqft
20 Feb 2022RentedRenewal
AED 57,750/yr12 months · AED 46 per sqft
20 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 44 per sqft
10 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
17th of 41
Parking
B377
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.25M · April 2009
Building
Shams 4

About 1706, Shams 4

1706 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 19 April 2009 for AED 1,250,000, or AED 990 per sqft, 31% below the AED 1,434 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 91,200 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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 2008: AED 1,600,000 (AED 1,267 per sqft)Sold, April 2009: AED 1,250,000 (AED 990 per sqft)

1706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, each contractTypical two-bed in Shams 4
50K100K2012201620202024Typical 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, January 2014: AED 110,000 a yearNew contract, January 2015: AED 121,000 a yearRenewal, January 2016: AED 121,000 a yearNew contract, January 2017: AED 121,000 a yearNew contract, September 2018: AED 90,000 a yearNew contract, September 2019: AED 85,000 a yearNew contract, February 2021: AED 55,000 a yearRenewal, February 2022: AED 57,750 a yearRenewal, February 2023: AED 69,300 a yearRenewal, February 2024: AED 76,000 a yearRenewal, February 2025: AED 91,200 a yearRenewal, February 2025: AED 91,200 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 1706 sits

All 108 2-beds →

1706 last sold in April 2009 at AED 990 per sqft, 31% below what two-beds in Shams 4 were fetching at the time (AED 1,434). 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. 1706's AED 91,200 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
17052-bedAED 1.82M · Jun 2022

1706, Shams 4 in numbers

  • Sold twice: first on 13 October 2008 for AED 1,600,000, last on 19 April 2009 for AED 1,250,000 (AED 990 per sqft).
  • Rented since January 2014 on 15 Ejari contracts. The rent fell from AED 110,000 to AED 11 in 2018 and recovered to AED 91,200 by February 2025.
  • At AED 91,200 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 21,000 a year (AED 16.65 per sqft).
  • 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 20 February 2025.

Questions about 1706, Shams 4

What did unit 1706 last sell for?

AED 1,250,000 on 19 April 2009: AED 990 per sqft for 1,263 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in October 2008.

What is the rent for unit 1706?

AED 91,200 a year on the contract renewed on 20 February 2025. The previous contract, from February 2025, was AED 91,200; the unit has been rented since January 2014.

How big is unit 1706?

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 1706 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 1706, Shams 4

Starts from the last sale price (AED 1.25M, 19 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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