2-bed · 1,263 sqftShams 4, Jumeirah Beach Residence · 27th floor · completed 2007

2706, Shams 4

Sold prices and rental history: sold 3 times, last in December 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 14 October 2022
Last soldAED 2.25M18 December 2013
Current rentAED 140K /yr14 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Shams 4

What is 2706 worth today?

Last sold for AED 2,250,000 in 2013

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14 Oct 2022RentedNew contract
AED 140,000/yr12 months · AED 111 per sqft
18 Dec 2013SoldReady
AED 2,250,000AED 1,782 per sqft
26 Apr 2012RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
10 Jul 2008SoldReady
AED 2,832,000AED 2,243 per sqft
16 Jun 2008Sold by developerReady
AED 1,800,000AED 1,425 per sqft

Source: Dubai Land Department. Updated 14 October 2022.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
27th of 41
Parking
B351
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 2.25M · December 2013
Building
Shams 4

About 2706, Shams 4

2706 is a two-bedroom apartment of 1,263 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 18 December 2013 for AED 2,250,000, or AED 1,782 per sqft, 41% above the AED 1,268 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 14 October 2022, is AED 140,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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 2008: AED 1,800,000 (AED 1,425 per sqft)Sold, July 2008: AED 2,832,000 (AED 2,243 per sqft)Sold, December 2013: AED 2,250,000 (AED 1,782 per sqft)

2706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2706, 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, April 2012: AED 95,000 a yearNew contract, October 2022: AED 140,000 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 2706 sits

All 108 2-beds →

2706 last sold in December 2013 at AED 1,782 per sqft, 41% above what two-beds in Shams 4 were fetching at the time (AED 1,268). 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. 2706's AED 140,000 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
27052-bedAED 1.2M · Mar 2024

2706, Shams 4 in numbers

  • Sold 3 times: first on 16 June 2008 for AED 1,800,000, last on 18 December 2013 for AED 2,250,000 (AED 1,782 per sqft).
  • Rented since April 2012 on 2 Ejari contracts, from AED 95,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2013 price is 6.2%, 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 14 October 2022.

Questions about 2706, Shams 4

What did unit 2706 last sell for?

AED 2,250,000 on 18 December 2013: AED 1,782 per sqft for 1,263 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in June 2008.

What is the rent for unit 2706?

AED 140,000 a year on the contract signed on 14 October 2022. The previous contract, from April 2012, was AED 95,000.

How big is unit 2706?

1,263 sqft (117.3 sqm): a two-bedroom apartment on the 27th floor of a 41-storey tower completed in 2007.

What is unit 2706 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 2706, Shams 4

Starts from the last sale price (AED 2.25M, 18 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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