1-bed · 1,169 sqftShams 4, Jumeirah Beach Residence · 3rd floor · completed 2007

303, Shams 4

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.24M14 November 2010
Current rentAED 95K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Shams 4

What is 303 worth today?

Last sold for AED 1,240,000 in 2010

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1 Aug 2024RentedRenewal
AED 95,000/yr12 months · AED 81 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
1 Aug 2023RentedNew contract
AED 95,000/yr12 months · AED 81 per sqft
27 Nov 2021RentedRenewal
AED 58,000/yr12 months · AED 49 per sqft
27 Nov 2020RentedNew contract
AED 56,000/yr12 months · AED 48 per sqft
1 Jun 2019RentedRenewal
AED 95,000/yr12 months · AED 81 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Jun 2018RentedRenewal
AED 110,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,169 sqft
Floor
3rd of 41
Parking
B393
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 1.24M · November 2010
Building
Shams 4

About 303, Shams 4

303 is a one-bedroom apartment of 1,169 sqft on the 3rd floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 November 2010 for AED 1,240,000, or AED 1,060 per sqft, 4% below the AED 1,102 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 95,000 a year: a gross yield of 7.7% on the 2010 price, before the service charge of about AED 19,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, February 2008: AED 1,478,408 (AED 1,264 per sqft)Sold, November 2010: AED 1,240,000 (AED 1,060 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Shams 4
50K100K2012201620202024Typical 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, June 2014: AED 105,000 a yearRenewal, June 2015: AED 105,000 a yearRenewal, June 2016: AED 110,000 a yearRenewal, June 2017: AED 110,000 a yearRenewal, June 2018: AED 110,000 a yearRenewal, June 2019: AED 95,000 a yearNew contract, November 2020: AED 56,000 a yearRenewal, November 2021: AED 58,000 a yearNew contract, August 2023: AED 95,000 a yearRenewal, August 2024: AED 95,000 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 303 sits

All 58 1-beds →

303 last sold in November 2010 at AED 1,060 per sqft, 4% below what one-beds in Shams 4 were fetching at the time (AED 1,102). 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. 303's AED 95,000 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 3rd floor

All 225 units in Shams 4
Value
3013-bedAED 1.95M · Sep 2021
3023-bedAED 2.18M · Jun 2016
3041-bedAED 2.2M · Jun 2008
3053-bedAED 1.68M · Feb 2018
3063-bedAED 2.13M · Mar 2008
3074-bedAED 4.85M · Dec 2023

303, Shams 4 in numbers

  • Sold twice: first on 10 February 2008 for AED 1,478,408, last on 14 November 2010 for AED 1,240,000 (AED 1,060 per sqft).
  • Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 105,000 to AED 11 in 2018 and recovered to AED 95,000 by August 2024.
  • At AED 95,000 a year the gross yield on the 2010 price is 7.7%, 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 1 August 2024.

Questions about 303, Shams 4

What did unit 303 last sell for?

AED 1,240,000 on 14 November 2010: AED 1,060 per sqft for 1,169 sqft. The unit has 2 registered sales; the first was AED 1,478,408 in February 2008.

What is the rent for unit 303?

AED 95,000 a year on the contract renewed on 1 August 2024. The previous contract, from September 2023, was AED 53; the unit has been rented since June 2014.

How big is unit 303?

1,169 sqft (108.6 sqm): a one-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.

What is unit 303 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 303, Shams 4

Starts from the last sale price (AED 1.24M, 14 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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