2-bed · 1,305 sqftShams 4, Jumeirah Beach Residence · 14th floor · completed 2007

1406, Shams 4

Sold prices and rental history: sold twice, last in April 2008, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.96M7 April 2008
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Shams 4

What is 1406 worth today?

Last sold for AED 1,961,000 in 2008

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1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
7 Apr 2008SoldReady
AED 1,961,000AED 1,503 per sqft
22 Jan 2008Sold by developerReady
AED 1,500,000AED 1,149 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
14th of 41
Parking
B431
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,700 /yr
Last sold
AED 1.96M · April 2008
Building
Shams 4

About 1406, Shams 4

1406 is a two-bedroom apartment of 1,305 sqft on the 14th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 April 2008 for AED 1,961,000, or AED 1,503 per sqft, 10% above the AED 1,362 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 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 1406 over time

Sales
Unit 1406, each saleTypical two-bed in Shams 4
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,950,000; 2009 AED 1,787,022; 2010 AED 1,443,390; 2011 AED 1,740,000; 2012 AED 1,675,000; 2013 AED 1,792,500; 2014 AED 2,215,000; 2015 AED 2,043,000; 2016 AED 1,825,000; 2017 AED 1,812,500; 2018 AED 1,630,000; 2019 AED 1,300,000; 2020 AED 1,111,111; 2021 AED 1,552,500; 2022 AED 1,821,070; 2023 AED 2,025,000; 2024 AED 2,300,000; 2025 AED 1,850,000; 2026 AED 2,800,000Sold by developer, January 2008: AED 1,500,000 (AED 1,149 per sqft)Sold, April 2008: AED 1,961,000 (AED 1,503 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Shams 4
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 120,250; 2014 AED 125,000; 2015 AED 131,625; 2016 AED 130,726; 2017 AED 128,000; 2018 AED 120,000; 2019 AED 106,000; 2020 AED 90,000; 2021 AED 87,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 130,000; 2025 AED 132,500; 2026 AED 131,079

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 1406 sits

All 108 2-beds →

1406 last sold in April 2008 at AED 1,503 per sqft, 10% above what two-beds in Shams 4 were fetching at the time (AED 1,362). Over the last 12 months two-beds sold for AED 1,800,000 to 3,100,000, around AED 1,846 per sqft, and rent for AED 95,000 to 200,000 a year. 1406's AED 53 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20263,000,000
1 May 20262,600,000
26 Mar 20262,380,000
24 Feb 20263,100,000
6 2-bed sales in the last 12 months

Shams 4

Building

225 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 12 sold in the last 12 months.

Typical price per sqft
AED 1,679 Down 1.4%
Typical sale
AED 2.98M
Typical rent
AED 130K /yr
Typical yield
5.2%
Shams 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 14th floor

All 225 units in Shams 4
Value
14013-bedAED 2.9M · Feb 2013
14023-bedAED 1.85M · Dec 2021
14031-bedAED 1.72M · Oct 2022
14041-bedAED 1.97M · Oct 2008
14052-bedAED 1.65M · Apr 2023
14074-bedAED 5.15M · Jan 2014

1406, Shams 4 in numbers

  • Sold twice: first on 22 January 2008 for AED 1,500,000, last on 7 April 2008 for AED 1,961,000 (AED 1,503 per sqft).
  • Rented since September 2017 on 3 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 1,800,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,679 per sqft.

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 1406, Shams 4

What did unit 1406 last sell for?

AED 1,961,000 on 7 April 2008: AED 1,503 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in January 2008.

What is the rent for unit 1406?

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 September 2017.

How big is unit 1406?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 14th floor of a 41-storey tower completed in 2007.

What is unit 1406 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 3,100,000 in the last 12 months, around AED 1,846 per sqft.

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Mortgage on 1406, Shams 4

Starts from the last sale price (AED 1.96M, 7 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,961,000
Deposit, UAE resident (20%)
AED 392,200
Deposit, non-resident (40%)
AED 784,400
Monthly over 25 years at 3.7%
AED 8,023

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