Penthouse · 1,719 sqftShams 1, Jumeirah Beach Residence · 42nd floor · completed 2007

4205, Shams 1

Sold prices and rental history: sold twice, last in March 2024, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4205 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 3.28M6 March 2024
Current rentAED 360K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4205, Shams 1

What is 4205 worth today?

Last sold for AED 3,275,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Mar 2024RentedNew contract
AED 360,000/yr12 months · AED 209 per sqft
6 Mar 2024SoldReady
AED 3,275,000AED 1,905 per sqft
11 Dec 2012RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
11 Dec 2011RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 622 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
Penthouse apartment
Size
1,719 sqft
Floor
42nd of 43
Parking
G77/ G78
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,800 /yr
Last sold
AED 3.28M · March 2024
Building
Shams 1

About 4205, Shams 1

4205 is a penthouse of 1,719 sqft on the 42nd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 March 2024 for AED 3,275,000, or AED 1,905 per sqft, 6% below the AED 2,029 penthouses in the building were fetching at the time.

It has been rented since 2011 on 3 Ejari contracts. The current contract, signed on 7 March 2024, is AED 360,000 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 25,800 a year.

Sales and rents for 4205 over time

Sales
Unit 4205, each saleTypical penthouse in Shams 1
1M2M3M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2024 AED 3,275,000Sold by developer, September 2011: AED 1,069,182 (AED 622 per sqft)Sold, March 2024: AED 3,275,000 (AED 1,905 per sqft)

4205 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit 4205, each contractTypical penthouse in Shams 1
200K400K2011201520192023Typical rent by year: 2024 AED 360,000; 2025 AED 280,000New contract, December 2011: AED 100,000 a yearRenewal, December 2012: AED 100,000 a yearNew contract, March 2024: AED 360,000 a year

Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.

Penthouses in Shams 1, and where 4205 sits

All 7 penthouses →

4205 last sold in March 2024 at AED 1,905 per sqft, 6% below what penthouses in Shams 1 were fetching at the time (AED 2,029).

Recent penthouse salesUnit no.Price (AED)Summary
6 Mar 20243,275,000
6 Mar 20243,000,000
12 Sep 202313,000,000
14 Dec 20223,870,000
0 penthouse sales in the last 12 months

Shams 1

Building

309 apartments, 1-bed to 3-bed over 43 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 20 sold in the last 12 months.

Typical price per sqft
AED 1,497 Down 4.2%
Typical sale
AED 2.39M
Typical rent
AED 127K /yr
Typical yield
6.3%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 42nd floor

All 309 units in Shams 1
Value
4201PenthouseAED 3.87M · Dec 2022
4202PenthouseAED 2.65M · Oct 2019
4203PenthouseAED 3.28M · Mar 2024
4204PenthouseAED 3M · Mar 2024

4205, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 6 March 2024 for AED 3,275,000 (AED 1,905 per sqft).
  • Rented since December 2011 on 3 Ejari contracts, from AED 100,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2024 price is 11.0%, before a service charge of about AED 25,800 a year (AED 15.02 per sqft).

Source: Dubai Land Department. Updated 7 March 2024.

Questions about 4205, Shams 1

What did unit 4205 last sell for?

AED 3,275,000 on 6 March 2024: AED 1,905 per sqft for 1,719 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 4205?

AED 360,000 a year on the contract signed on 7 March 2024. The previous contract, from December 2012, was AED 100,000; the unit has been rented since December 2011.

How big is unit 4205?

1,719 sqft (159.7 sqm): a penthouse on the 42nd floor of a 43-storey tower completed in 2007.

What is unit 4205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 4205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4205, Shams 1

Starts from the last sale price (AED 3.28M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,275,000
Deposit, UAE resident (20%)
AED 655,000
Deposit, non-resident (40%)
AED 1,310,000
Monthly over 25 years at 3.7%
AED 13,399

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