1506, Shams 4
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Shams 4
What is 1506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 15th of 41
- Parking
- B383
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,700 /yr
- Last sold
- AED 2.05M · December 2023
- Building
- Shams 4
About 1506, Shams 4
1506 is a two-bedroom apartment of 1,305 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 5 December 2023 for AED 2,050,000, or AED 1,571 per sqft, 8% above the AED 1,458 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 21,700 a year.
Sales and rents for 1506 over time
1506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1506 sits
All 105 2-beds →1506 last sold in December 2023 at AED 1,571 per sqft, 8% above what two-beds in Shams 4 were fetching at the time (AED 1,458). Over the last 12 months two-beds sold for AED 1,800,000 to 2,690,000, around AED 1,844 per sqft, and rent for AED 130,000 to 180,000 a year. 1506's AED 53 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 1,263 sqft | 2,150,000 | 1,702 | ||
| 28 Mar 202528 March 2025 | 1,263 sqft | 1,900,000 | 1,504 | ||
| 26 Feb 202526 February 2025 | 1,263 sqft | 1,750,000 | 1,386 | ||
| 17 Dec 202417 December 2024 | 1,263 sqft | 2,300,000 | 1,821 |
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 | |
| 1503 | 1-bed | 1,171 sqft | AED 2.1MAED 2,100,000 · Oct 2014October 2014 | 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, Shams 4 in numbers
- Sold twice: first on 22 January 2014 for AED 1,550,000, last on 5 December 2023 for AED 2,050,000 (AED 1,571 per sqft).
- Rented since September 2017 on 5 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 1,800,000–2,690,000 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 5 December 2023.
Questions about 1506, Shams 4
What did unit 1506 last sell for?
AED 2,050,000 on 5 December 2023: AED 1,571 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in January 2014.
What is the rent for unit 1506?
AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from August 2023, was AED 60,000; the unit has been rented since September 2017.
How big is unit 1506?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.
What is unit 1506 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 2,690,000 in the last 12 months, around AED 1,844 per sqft.
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Mortgage on 1506, Shams 4
Starts from the last sale price (AED 2.05M, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →