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1-bed · 1,171 sqftShams 4, Jumeirah Beach Residence · 24th floor · completed 2007

2403, Shams 4

Sold prices and rental history: sold twice, last in April 2008, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 31 January 2015
Last soldAED 2.55M29 April 2008
Current rentAED 130K /yr31 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2403, Shams 4

What is 2403 worth today?

Last sold for AED 2,550,000 in 2008

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31 Jan 2015RentedNew contract
AED 130,000/yr12 months · AED 111 per sqft
29 Apr 2008SoldReady
AED 2,550,000AED 2,176 per sqft
24 Feb 2008Sold by developerReady
AED 1,600,000AED 1,365 per sqft

Source: Dubai Land Department. Updated 31 January 2015.

Key facts

Type
1-bed apartment
Size
1,171 sqft
Floor
24th of 41
Parking
B427
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 2.55M · April 2008
Building
Shams 4

About 2403, Shams 4

2403 is a one-bedroom apartment of 1,171 sqft on the 24th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 April 2008 for AED 2,550,000, or AED 2,176 per sqft, 63% above the AED 1,331 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 January 2015. The current contract, signed on 31 January 2015, is AED 130,000 a year: a gross yield of 5.1% on the 2008 price, before the service charge of about AED 19,500 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in Shams 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,594,969; 2009 AED 2,000,000; 2010 AED 1,290,171; 2011 AED 1,250,000; 2012 AED 700,000; 2013 AED 1,625,000; 2014 AED 2,060,000; 2015 AED 1,497,485; 2016 AED 1,550,000; 2018 AED 1,410,000; 2019 AED 1,240,000; 2020 AED 1,125,000; 2021 AED 1,150,000; 2022 AED 1,475,000; 2023 AED 1,975,000; 2024 AED 2,000,000; 2025 AED 2,050,000Sold by developer, February 2008: AED 1,600,000 (AED 1,365 per sqft)Sold, April 2008: AED 2,550,000 (AED 2,176 per sqft)

2403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, each contractTypical one-bed in Shams 4
100K2012201620202024Typical rent by year: 2012 AED 87,265; 2013 AED 96,500; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 117,000; 2017 AED 119,678; 2018 AED 104,233; 2019 AED 87,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,375; 2023 AED 83,230; 2024 AED 106,500; 2025 AED 112,000; 2026 AED 100,000New contract, January 2015: AED 130,000 a year

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 2403 sits

All 58 1-beds →

2403 last sold in April 2008 at AED 2,176 per sqft, 63% above what one-beds in Shams 4 were fetching at the time (AED 1,331). Over the last 12 months one-beds sold for AED 2,950,000, around AED 1,840 per sqft, and rent for AED 80,000 to 180,000 a year. 2403's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20262,950,000
1 Oct 20252,050,000
14 Jul 20252,100,000
26 Feb 20251,550,000
1 1-bed sale 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 24th floor

All 225 units in Shams 4
Value
24012-bedAED 2.1M · Apr 2008
24022-bedAED 1.82M · Jul 2022
24041-bedAED 1.51M · Apr 2017
24052-bedAED 2.2M · Aug 2014
24062-bedAED 1.2M · May 2021
24074-bedAED 4.38M · Nov 2012

2403, Shams 4 in numbers

  • Sold twice: first on 24 February 2008 for AED 1,600,000, last on 29 April 2008 for AED 2,550,000 (AED 2,176 per sqft).
  • Rented since January 2015 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2008 price is 5.1%, before a service charge of about AED 19,500 a year (AED 16.65 per sqft).
  • 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 1,679 per sqft.

Source: Dubai Land Department. Updated 31 January 2015.

Questions about 2403, Shams 4

What did unit 2403 last sell for?

AED 2,550,000 on 29 April 2008: AED 2,176 per sqft for 1,171 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in February 2008.

What is the rent for unit 2403?

AED 130,000 a year on the contract signed on 31 January 2015.

How big is unit 2403?

1,171 sqft (108.8 sqm): a one-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2403 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 2403, Shams 4

Starts from the last sale price (AED 2.55M, 29 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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