2-bed · 631 sqftShams 4, Jumeirah Beach Residence · 27th floor · completed 2007

2705, Shams 4

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 1.2M26 March 2024
Current rentAED 110K /yr25 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Shams 4

What is 2705 worth today?

Last sold for AED 1,200,000 in 2024

Unlock today's estimate, updated daily, with

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

26 Mar 2024SoldReady
AED 1,200,000AED 1,901 per sqft
22 Feb 2017SoldReady
AED 1,900,000AED 1,504 per sqft
25 Sep 2016RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
25 Sep 2015RentedNew contract
AED 121,275/yr12 months · AED 96 per sqft
17 Jun 2014Sold by developerReady
AED 1,829,057AED 1,448 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
2-bed apartment
Size
631 sqft
Floor
27th of 41
Parking
B350
Developer
Dubai Properties
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 1.2M · March 2024
Building
Shams 4

About 2705, Shams 4

2705 is a two-bedroom apartment of 631 sqft on the 27th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 March 2024 for AED 1,200,000, or AED 1,901 per sqft, 23% above the AED 1,543 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 25 September 2016, is AED 110,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, June 2014: AED 1,829,057 (AED 1,448 per sqft)Sold, February 2017: AED 1,900,000 (AED 1,504 per sqft)Sold, March 2024: AED 1,200,000 (AED 1,901 per sqft)

2705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, 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, September 2015: AED 121,275 a yearRenewal, September 2016: AED 110,000 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 2705 sits

All 108 2-beds →

2705 last sold in March 2024 at AED 1,901 per sqft, 23% above what two-beds in Shams 4 were fetching at the time (AED 1,543). 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. 2705's AED 110,000 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 27th floor

All 225 units in Shams 4
Value
27012-bedAED 1.98M · Mar 2012
27022-bedAED 1.8M · Feb 2008
27031-bedAED 1.58M · Jun 2008
27041-bedAED 1.35M · Dec 2015
27062-bedAED 2.25M · Dec 2013

2705, Shams 4 in numbers

  • Sold 3 times: first on 17 June 2014 for AED 1,829,057, last on 26 March 2024 for AED 1,200,000 (AED 1,901 per sqft).
  • Rented since September 2015 on 2 Ejari contracts, from AED 121,275 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 10,500 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 26 March 2024.

Questions about 2705, Shams 4

What did unit 2705 last sell for?

AED 1,200,000 on 26 March 2024: AED 1,901 per sqft for 631 sqft. The unit has 3 registered sales; the first was AED 1,829,057 in June 2014.

What is the rent for unit 2705?

AED 110,000 a year on the contract renewed on 25 September 2016. The previous contract, from September 2015, was AED 121,275.

How big is unit 2705?

631 sqft (58.6 sqm): a two-bedroom apartment on the 27th floor of a 41-storey tower completed in 2007.

What is unit 2705 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 2705? 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 2705, Shams 4

Starts from the last sale price (AED 1.2M, 26 March 2024). 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 →