1503, Shams 4
Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Shams 4
What is 1503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,171 sqft
- Floor
- 15th of 41
- Parking
- B386
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 19,500 /yr
- Last sold
- AED 2.1M · October 2014
- Building
- Shams 4
About 1503, Shams 4
1503 is a one-bedroom apartment of 1,171 sqft on the 15th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 October 2014 for AED 2,100,000, or AED 1,792 per sqft, 5% above the AED 1,713 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 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 1503 over time
1503 has sold 3 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 1503 sits
All 57 1-beds →1503 last sold in October 2014 at AED 1,792 per sqft, 5% above what one-beds in Shams 4 were fetching at the time (AED 1,713). Over the last 12 months one-beds sold for AED 2,950,000, around AED 1,840 per sqft, and rent for AED 110,000 to 160,000 a year. 1503'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 | ||
| 14 Jul 202514 July 2025 | 1,171 sqft | 2,100,000 | 1,792 | ||
| 13 Dec 202413 December 2024 | 1,171 sqft | 2,575,000 | 2,198 | ||
| 12 Nov 202412 November 2024 | 1,169 sqft | 2,000,000 | 1,710 |
Shams 4
Building224 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,669
- Typical sale
- AED 2.95M
- Typical rent
- AED 135K /yr
- Typical yield
- 6.0%
Other units on the 15th floor
All 224 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,862 sqft | AED 2.5MAED 2,500,000 · Aug 2022August 2022 | 53 /yr | |
| 1502 | 3-bed | 1,862 sqft | AED 2.57MAED 2,569,000 · Jul 2024July 2024 | 53 /yr | |
| 1504 | 1-bed | 1,171 sqft | AED 1.43MAED 1,425,000 · Jun 2022June 2022 | 128,000 /yr | |
| 1505 | 2-bed | 1,305 sqft | AED 2MAED 2,000,000 · May 2008May 2008 | 115,500 /yr | |
| 1506 | 2-bed | 1,305 sqft | AED 2.05MAED 2,050,000 · Dec 2023December 2023 | 53 /yr |
1503, Shams 4 in numbers
- Sold 3 times: first on 22 January 2008 for AED 1,594,969, last on 16 October 2014 for AED 2,100,000 (AED 1,792 per sqft).
- Rented since January 2014 on 4 Ejari contracts. The rent fell from AED 96,000 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 1,669 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2023.
Questions about 1503, Shams 4
What did unit 1503 last sell for?
AED 2,100,000 on 16 October 2014: AED 1,792 per sqft for 1,171 sqft. The unit has 3 registered sales; the first was AED 1,594,969 in January 2008.
What is the rent for unit 1503?
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 January 2014.
How big is unit 1503?
1,171 sqft (108.8 sqm): a one-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1503 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 1503, Shams 4
Starts from the last sale price (AED 2.1M, 16 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →