1704, Shams 1
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Shams 1
What is 1704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,199 sqft
- Floor
- 17th of 43
- Parking
- B125
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.5M · January 2023
- Building
- Shams 1
About 1704, Shams 1
1704 is a one-bedroom apartment of 1,199 sqft on the 17th floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 January 2023 for AED 1,500,000, or AED 1,251 per sqft, 3% above the AED 1,209 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 June 2023, is AED 105,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 18,000 a year.
Sales and rents for 1704 over time
1704 has sold twice; 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 1, and where 1704 sits
All 81 1-beds →1704 last sold in January 2023 at AED 1,251 per sqft, 3% above what one-beds in Shams 1 were fetching at the time (AED 1,209). Over the last 12 months one-beds sold for AED 1,775,000, around AED 1,501 per sqft, and rent for AED 92,000 to 145,171 a year. 1704's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,182 sqft | 1,775,000 | 1,501 | ||
| 8 May 20258 May 2025 | 485 sqft | 1,480,387 | 3,054 | ||
| 24 Apr 202524 April 2025 | 1,182 sqft | 1,600,000 | 1,353 | ||
| 24 Mar 202524 March 2025 | 1,342 sqft | 1,642,322 | 1,224 |
Shams 1
Building309 apartments, 1-bed to 3-bed over 43 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,605
- Typical sale
- AED 2.39M
- Typical rent
- AED 145K /yr
- Typical yield
- 6.3%
Other units on the 17th floor
All 309 units in Shams 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 1,884 sqft | AED 2.1MAED 2,100,000 · Dec 2021December 2021 | 124,615 /yr | |
| 1702 | 3-bed | 1,884 sqft | AED 2.5MAED 2,500,000 · Mar 2024March 2024 | 140,000 /yr | |
| 1703 | 1-bed | 1,199 sqft | AED 1.64MAED 1,640,000 · Mar 2025March 2025 | 85,000 /yr | |
| 1705 | 1-bed | 1,199 sqft | AED 1.4MAED 1,400,000 · Oct 2013October 2013 | 115,000 /yr | |
| 1706 | 1-bed | 1,199 sqft | AED 1.53MAED 1,530,000 · Nov 2022November 2022 | 121,000 /yr | |
| 1707 | 3-bed | 1,884 sqft | AED 1.66MAED 1,660,000 · Mar 2021March 2021 | 180,000 /yr | |
| 1708 | 3-bed | 1,884 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | 158,000 /yr |
1704, Shams 1 in numbers
- Sold twice: first on 19 September 2011 for AED 1,069,182, last on 10 January 2023 for AED 1,500,000 (AED 1,251 per sqft).
- Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 105,000 by June 2023.
- At AED 105,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 18,000 a year (AED 15.02 per sqft).
- One-beds in Shams 1 sold for AED 1,775,000–1,775,000 in the 12 months to November 2026; the building's median across all types is AED 1,605 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 5 June 2023.
Questions about 1704, Shams 1
What did unit 1704 last sell for?
AED 1,500,000 on 10 January 2023: AED 1,251 per sqft for 1,199 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.
What is the rent for unit 1704?
AED 105,000 a year on the contract signed on 5 June 2023. The previous contract, from October 2022, was AED 85,000; the unit has been rented since October 2019.
How big is unit 1704?
1,199 sqft (111.4 sqm): a one-bedroom apartment on the 17th floor of a 43-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 1 sold for AED 1,775,000 to 1,775,000 in the last 12 months, around AED 1,501 per sqft.
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Mortgage on 1704, Shams 1
Starts from the last sale price (AED 1.5M, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →