Penthouse · 6,037 sqftShams 1, Jumeirah Beach Residence · 43rd floor · completed 2007

4301, Shams 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4301 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 13M12 September 2023
Current rentAED 525K /yr5 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4301, Shams 1

What is 4301 worth today?

Last sold for AED 13,000,000 in 2023

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12 Sep 2023SoldReady
AED 13,000,000AED 2,153 per sqft
10 May 2022SoldReady
AED 8,000,000AED 1,325 per sqft
5 Mar 2021RentedNew contract
AED 525,000/yr12 months · AED 87 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 177 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
Penthouse apartment
Size
6,037 sqft
Floor
43rd of 43
Parking
G85, G86, T2 & T3
Developer
Dubai Properties
Completed
2007
Service charge
AED 90,700 /yr
Last sold
AED 13M · September 2023
Building
Shams 1

About 4301, Shams 1

4301 is a penthouse of 6,037 sqft on the 43rd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 September 2023 for AED 13,000,000, or AED 2,153 per sqft.

One Ejari contract is registered, from 5 March 2021. The current contract, signed on 5 March 2021, is AED 525,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 90,700 a year.

Sales and rents for 4301 over time

Sales
Unit 4301, each saleTypical penthouse in Shams 1
010M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2024 AED 3,275,000Sold by developer, September 2011: AED 1,069,182 (AED 177 per sqft)Sold, May 2022: AED 8,000,000 (AED 1,325 per sqft)Sold, September 2023: AED 13,000,000 (AED 2,153 per sqft)

4301 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 4301, each contractTypical penthouse in Shams 1
400K202120232025Typical rent by year: 2024 AED 360,000; 2025 AED 280,000New contract, March 2021: AED 525,000 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 4301 sits

All 7 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
6 Mar 20243,275,000
6 Mar 20243,275,000
6 Mar 20243,000,000
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 43rd floor

All 309 units in Shams 1
Value
4302PenthouseAED 7.5M · Jun 2021

4301, Shams 1 in numbers

  • Sold 3 times: first on 19 September 2011 for AED 1,069,182, last on 12 September 2023 for AED 13,000,000 (AED 2,153 per sqft).
  • Rented since March 2021 on one Ejari contract, at AED 525,000 a year.
  • At AED 525,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 90,700 a year (AED 15.02 per sqft).

Source: Dubai Land Department. Updated 12 September 2023.

Questions about 4301, Shams 1

What did unit 4301 last sell for?

AED 13,000,000 on 12 September 2023: AED 2,153 per sqft for 6,037 sqft. The unit has 3 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 4301?

AED 525,000 a year on the contract signed on 5 March 2021.

How big is unit 4301?

6,037 sqft (560.9 sqm): a penthouse on the 43rd floor of a 43-storey tower completed in 2007.

What is unit 4301 worth today?

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

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Mortgage on 4301, Shams 1

Starts from the last sale price (AED 13M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 13,000,000
Deposit, UAE resident (20%)
AED 2,600,000
Deposit, non-resident (40%)
AED 5,200,000
Monthly over 25 years at 3.7%
AED 53,187

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