2-bed · 1,263 sqftShams 4, Jumeirah Beach Residence · 26th floor · completed 2007

2606, Shams 4

Sold prices and rental history: sold 3 times, last in November 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 7 November 2019
Last soldAED 1.2M7 November 2019
Current rentAED 68K /yr19 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, Shams 4

What is 2606 worth today?

Last sold for AED 1,200,000 in 2019

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7 Nov 2019SoldReady
AED 1,200,000AED 950 per sqft
19 Apr 2019RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
18 Apr 2018RentedRenewal
AED 67,812/yr12 months · AED 54 per sqft
18 Apr 2017RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
18 Apr 2016RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
18 Apr 2015RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
27 Mar 2013RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
12 Feb 2009SoldReady
AED 2,105,627AED 1,667 per sqft

Source: Dubai Land Department. Updated 7 November 2019.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
26th of 41
Parking
B345
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.2M · November 2019
Building
Shams 4

About 2606, Shams 4

2606 is a two-bedroom apartment of 1,263 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 7 November 2019 for AED 1,200,000, or AED 950 per sqft, in line with the AED 965 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 19 April 2019, is AED 68,000 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2606 over time

Sales
Unit 2606, 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 2008: AED 1,800,000 (AED 1,425 per sqft)Sold, February 2009: AED 2,105,627 (AED 1,667 per sqft)Sold, November 2019: AED 1,200,000 (AED 950 per sqft)

2606 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2606, 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, March 2013: AED 65,000 a yearRenewal, April 2015: AED 68,000 a yearRenewal, April 2016: AED 68,000 a yearRenewal, April 2017: AED 68,000 a yearRenewal, April 2018: AED 67,812 a yearRenewal, April 2019: AED 68,000 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 2606 sits

All 108 2-beds →

2606 last sold in November 2019 at AED 950 per sqft, in line with what two-beds in Shams 4 were fetching at the time (AED 965). 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. 2606's AED 68,000 is at the bottom 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 26th floor

All 225 units in Shams 4
Value
26012-bedAED 2.29M · Nov 2022
26022-bedAED 1.8M · Feb 2008
26031-bedAED 2.06M · Aug 2014
26041-bedAED 1.45M · May 2017
26052-bedAED 2.08M · Nov 2008
26074-bedAED 4.25M · Nov 2022

2606, Shams 4 in numbers

  • Sold 3 times: first on 28 May 2008 for AED 1,800,000, last on 7 November 2019 for AED 1,200,000 (AED 950 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 65,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2019 price is 5.7%, 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 7 November 2019.

Questions about 2606, Shams 4

What did unit 2606 last sell for?

AED 1,200,000 on 7 November 2019: AED 950 per sqft for 1,263 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in May 2008.

What is the rent for unit 2606?

AED 68,000 a year on the contract renewed on 19 April 2019. The previous contract, from April 2018, was AED 67,812; the unit has been rented since March 2013.

How big is unit 2606?

1,263 sqft (117.3 sqm): a two-bedroom apartment on the 26th floor of a 41-storey tower completed in 2007.

What is unit 2606 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 2606, Shams 4

Starts from the last sale price (AED 1.2M, 7 November 2019). 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 →