4-bed · 3,414 sqftShams 4, Jumeirah Beach Residence · 24th floor · completed 2007

2407, Shams 4

Sold prices and rental history: sold 3 times, last in November 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 21 November 2012
Last soldAED 4.38M21 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Shams 4

What is 2407 worth today?

Last sold for AED 4,375,000 in 2012

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21 Nov 2012SoldReady
AED 4,375,000AED 1,281 per sqft
16 Mar 2010SoldReady
AED 2,731,360AED 799 per sqft
1 Jun 2008Sold by developerReady
AED 3,308,858AED 969 per sqft

Source: Dubai Land Department. Updated 21 November 2012.

Key facts

Type
4-bed apartment
Size
3,414 sqft
Floor
24th of 41
Parking
G292/ G293
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,800 /yr
Last sold
AED 4.38M · November 2012
Building
Shams 4

About 2407, Shams 4

2407 is a four-bedroom apartment of 3,414 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 November 2012 for AED 4,375,000, or AED 1,281 per sqft, 11% below the AED 1,446 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical four-bed in Shams 4
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 4,300,000; 2009 AED 5,824,822; 2010 AED 2,957,360; 2012 AED 4,937,500; 2013 AED 4,200,000; 2014 AED 5,098,500; 2016 AED 2,666,666; 2024 AED 6,159,410; 2025 AED 8,000,000Sold by developer, June 2008: AED 3,308,858 (AED 969 per sqft)Sold, March 2010: AED 2,731,360 (AED 799 per sqft)Sold, November 2012: AED 4,375,000 (AED 1,281 per sqft)

2407 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2407, each contractTypical four-bed in Shams 4
200K300K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 268,750; 2016 AED 250,000; 2017 AED 228,000; 2018 AED 220,000; 2019 AED 190,000; 2020 AED 180,000; 2021 AED 171,250; 2022 AED 250,000; 2023 AED 330,000; 2025 AED 352,000; 2026 AED 250,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Shams 4, and where 2407 sits

All 23 4-beds →

2407 last sold in November 2012 at AED 1,281 per sqft, 11% below what four-beds in Shams 4 were fetching at the time (AED 1,446). Over the last 12 months four-beds sold for AED 5,250,000 to 7,930,000, around AED 1,669 per sqft, and rent for AED 130,000 to 352,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
19 Feb 20267,930,000
6 Feb 20265,700,000
13 Nov 20255,250,000
1 May 20258,000,000
3 4-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
24062-bedAED 1.2M · May 2021

2407, Shams 4 in numbers

  • Sold 3 times: first on 1 June 2008 for AED 3,308,858, last on 21 November 2012 for AED 4,375,000 (AED 1,281 per sqft).
  • Four-beds in Shams 4 sold for AED 5,250,000–7,930,000 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 21 November 2012.

Questions about 2407, Shams 4

What did unit 2407 last sell for?

AED 4,375,000 on 21 November 2012: AED 1,281 per sqft for 3,414 sqft. The unit has 3 registered sales; the first was AED 3,308,858 in June 2008.

How big is unit 2407?

3,414 sqft (317.2 sqm): a four-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Shams 4 sold for AED 5,250,000 to 7,930,000 in the last 12 months, around AED 1,669 per sqft.

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Mortgage on 2407, Shams 4

Starts from the last sale price (AED 4.38M, 21 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 4,375,000
Deposit, UAE resident (20%)
AED 875,000
Deposit, non-resident (40%)
AED 1,750,000
Monthly over 25 years at 3.7%
AED 17,899

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