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

2406, Shams 4

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.2M16 May 2021
Current rentAED 135K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Shams 4

What is 2406 worth today?

Last sold for AED 1,200,000 in 2021

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1 Jan 2026RentedRenewal
AED 135,000/yr12 months · AED 107 per sqft
1 Jan 2025RentedNew contract
AED 125,000/yr12 months · AED 99 per sqft
1 Feb 2022RentedNew contract
AED 125,000/yr12 months · AED 99 per sqft
16 May 2021SoldReady
AED 1,200,000AED 950 per sqft
25 Jul 2020RentedRenewal
AED 77,000/yr12 months · AED 61 per sqft
25 Jul 2019RentedNew contract
AED 77,000/yr12 months · AED 61 per sqft
20 Dec 2017RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
30 Jan 2008Sold by developerReady
AED 1,550,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
24th of 41
Parking
B357
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.2M · May 2021
Building
Shams 4

About 2406, Shams 4

2406 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 16 May 2021 for AED 1,200,000, or AED 950 per sqft, 4% below the AED 990 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 135,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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 1,550,000 (AED 1,227 per sqft)Sold, May 2021: AED 1,200,000 (AED 950 per sqft)

2406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, each contractTypical two-bed in Shams 4
100K2012201620202024Typical 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, December 2017: AED 100,000 a yearNew contract, July 2019: AED 77,000 a yearRenewal, July 2020: AED 77,000 a yearNew contract, February 2022: AED 125,000 a yearNew contract, January 2025: AED 125,000 a yearRenewal, January 2026: AED 135,000 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 2406 sits

All 108 2-beds →

2406 last sold in May 2021 at AED 950 per sqft, 4% below what two-beds in Shams 4 were fetching at the time (AED 990). 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. 2406's AED 135,000 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
24052-bedAED 2.2M · Aug 2014
24074-bedAED 4.38M · Nov 2012

2406, Shams 4 in numbers

  • Sold twice: first on 30 January 2008 for AED 1,550,000, last on 16 May 2021 for AED 1,200,000 (AED 950 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 77,000 in 2020 and recovered to AED 135,000 by January 2026.
  • At AED 135,000 a year the gross yield on the 2021 price is 11.3%, 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 January 2026.

Questions about 2406, Shams 4

What did unit 2406 last sell for?

AED 1,200,000 on 16 May 2021: AED 950 per sqft for 1,263 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in January 2008.

What is the rent for unit 2406?

AED 135,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 125,000; the unit has been rented since December 2017.

How big is unit 2406?

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 2406 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 2406, Shams 4

Starts from the last sale price (AED 1.2M, 16 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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