704, Shams 4
Sold prices and rental history: sold 4 times, last in June 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Shams 4
What is 704 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
- 7th of 41
- Parking
- B418
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1.48M · June 2022
- Building
- Shams 4
About 704, Shams 4
704 is a one-bedroom apartment of 1,171 sqft on the 7th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 June 2022 for AED 1,475,000, or AED 1,259 per sqft, 4% above the AED 1,207 one-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 19,500 a year.
Sales and rents for 704 over time
704 has sold 4 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 704 sits
All 58 1-beds →704 last sold in June 2022 at AED 1,259 per sqft, 4% above what one-beds in Shams 4 were fetching at the time (AED 1,207). 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. 704'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 7th floor
All 225 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,862 sqft | AED 1.95MAED 1,950,000 · Jun 2021June 2021 | 53 /yr | |
| 702 | 3-bed | 1,862 sqft | AED 1.3MAED 1,300,000 · Aug 2020August 2020 | 53 /yr | |
| 703 | 1-bed | 1,171 sqft | AED 1.8MAED 1,800,000 · Sep 2014September 2014 | 100,004 /yr | |
| 705 | 2-bed | 1,305 sqft | AED 1.3MAED 1,300,000 · Aug 2009August 2009 | 130,000 /yr | |
| 706 | 2-bed | 1,305 sqft | AED 1.6MAED 1,600,000 · Jan 2008January 2008 | 129,600 /yr | |
| 707 | 4-bed | 3,414 sqft | AED 2.67MAED 2,666,666 · Sep 2016September 2016 | 53 /yr |
704, Shams 4 in numbers
- Sold 4 times: first on 23 January 2008 for AED 1,323,648, last on 28 June 2022 for AED 1,475,000 (AED 1,259 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.
- 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 704, Shams 4
What did unit 704 last sell for?
AED 1,475,000 on 28 June 2022: AED 1,259 per sqft for 1,171 sqft. The unit has 4 registered sales; the first was AED 1,323,648 in January 2008.
What is the rent for unit 704?
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 704?
1,171 sqft (108.8 sqm): a one-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.
What is unit 704 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 704, Shams 4
Starts from the last sale price (AED 1.48M, 28 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,475,000
- Deposit, UAE resident (20%)
- AED 295,000
- Deposit, non-resident (40%)
- AED 590,000
- Monthly over 25 years at 3.7%
- AED 6,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →