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1-bed · 1,171 sqftShams 4, Jumeirah Beach Residence · 26th floor · completed 2007

2603, 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 2603 · DLD and Ejari recordsUpdated 12 August 2014
Last soldAED 2.06M12 August 2014
Current rentAED 100K /yr1 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2603, Shams 4

What is 2603 worth today?

Last sold for AED 2,060,000 in 2014

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12 Aug 2014SoldReady
AED 2,060,000AED 1,758 per sqft
1 Jul 2014RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
1 Jul 2014RentedRenewal
AED 100,000/yr12 months · AED 85 per sqft
1 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
22 Oct 2008Sold by developerReady
AED 1,573,463AED 1,343 per sqft

Source: Dubai Land Department. Updated 12 August 2014.

Key facts

Type
1-bed apartment
Size
1,171 sqft
Floor
26th of 41
Parking
B366
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 2.06M · August 2014
Building
Shams 4

About 2603, Shams 4

2603 is a one-bedroom apartment of 1,171 sqft on the 26th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 August 2014 for AED 2,060,000, or AED 1,758 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 July 2014, is AED 100,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 19,500 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, October 2008: AED 1,573,463 (AED 1,343 per sqft)Sold, August 2014: AED 2,060,000 (AED 1,758 per sqft)

2603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Shams 4
75K100K125K2012201620202024Typical 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, July 2013: AED 85,000 a yearNew contract, July 2014: AED 100,000 a yearRenewal, July 2014: AED 100,000 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 2603 sits

All 58 1-beds →

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. 2603's AED 100,000 is in the lower 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 26th floor

All 225 units in Shams 4
Value
26012-bedAED 2.29M · Nov 2022
26022-bedAED 1.8M · Feb 2008
26041-bedAED 1.45M · May 2017
26052-bedAED 2.08M · Nov 2008
26062-bedAED 1.2M · Nov 2019
26074-bedAED 4.25M · Nov 2022

2603, Shams 4 in numbers

  • Sold twice: first on 22 October 2008 for AED 1,573,463, last on 12 August 2014 for AED 2,060,000 (AED 1,758 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 85,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2014 price is 4.9%, 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 12 August 2014.

Questions about 2603, Shams 4

What did unit 2603 last sell for?

AED 2,060,000 on 12 August 2014: AED 1,758 per sqft for 1,171 sqft. The unit has 2 registered sales; the first was AED 1,573,463 in October 2008.

What is the rent for unit 2603?

AED 100,000 a year on the contract signed on 1 July 2014. The previous contract, from July 2014, was AED 100,000; the unit has been rented since July 2013.

How big is unit 2603?

1,171 sqft (108.8 sqm): a one-bedroom apartment on the 26th floor of a 41-storey tower completed in 2007.

What is unit 2603 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 2603, Shams 4

Starts from the last sale price (AED 2.06M, 12 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

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