2-bed · 1,263 sqftShams 4, Jumeirah Beach Residence · 24th floor · completed 2007

2405, Shams 4

Sold prices and rental history: sold twice, last in August 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 1 September 2014
Last soldAED 2.2M21 August 2014
Current rentAED 121K /yr1 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Shams 4

What is 2405 worth today?

Last sold for AED 2,200,000 in 2014

Unlock today's estimate, updated daily, with

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

1 Sep 2014RentedNew contract
AED 121,000/yr12 months · AED 96 per sqft
21 Aug 2014SoldReady
AED 2,200,000AED 1,742 per sqft
15 Aug 2013RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
25 May 2010Sold by developerReady
AED 1,850,000AED 1,465 per sqft

Source: Dubai Land Department. Updated 1 September 2014.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
24th of 41
Parking
B356
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 2.2M · August 2014
Building
Shams 4

About 2405, Shams 4

2405 is a two-bedroom apartment of 1,263 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 21 August 2014 for AED 2,200,000, or AED 1,742 per sqft, 5% above the AED 1,655 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 September 2014, is AED 121,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, 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, May 2010: AED 1,850,000 (AED 1,465 per sqft)Sold, August 2014: AED 2,200,000 (AED 1,742 per sqft)

2405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, 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 131,079New contract, August 2013: AED 110,000 a yearNew contract, September 2014: AED 121,000 a year

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 2405 sits

All 108 2-beds →

2405 last sold in August 2014 at AED 1,742 per sqft, 5% above what two-beds in Shams 4 were fetching at the time (AED 1,655). 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. 2405's AED 121,000 is in the lower half 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 24th floor

All 225 units in Shams 4
Value
24012-bedAED 2.1M · Apr 2008
24022-bedAED 1.82M · Jul 2022
24031-bedAED 2.55M · Apr 2008
24041-bedAED 1.51M · Apr 2017
24062-bedAED 1.2M · May 2021
24074-bedAED 4.38M · Nov 2012

2405, Shams 4 in numbers

  • Sold twice: first on 25 May 2010 for AED 1,850,000, last on 21 August 2014 for AED 2,200,000 (AED 1,742 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 110,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 21,000 a year (AED 16.65 per sqft).
  • 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 2014.

Questions about 2405, Shams 4

What did unit 2405 last sell for?

AED 2,200,000 on 21 August 2014: AED 1,742 per sqft for 1,263 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in May 2010.

What is the rent for unit 2405?

AED 121,000 a year on the contract signed on 1 September 2014. The previous contract, from August 2013, was AED 110,000.

How big is unit 2405?

1,263 sqft (117.3 sqm): a two-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2405 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.

Selling 2405? 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 2405, Shams 4

Starts from the last sale price (AED 2.2M, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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