306, Shams 4
Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Shams 4
What is 306 worth today?
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Source: Dubai Land Department. Updated 20 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,902 sqft
- Floor
- 3rd of 41
- Parking
- M201/ M202
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,700 /yr
- Last sold
- AED 2.13M · March 2008
- Building
- Shams 4
About 306, Shams 4
306 is a three-bedroom apartment of 1,902 sqft on the 3rd floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 March 2008 for AED 2,130,000, or AED 1,120 per sqft, in line with the AED 1,126 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 20 March 2025, is AED 200,000 a year: a gross yield of 9.4% on the 2008 price, before the service charge of about AED 31,700 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shams 4, and where 306 sits
All 42 3-beds →306 last sold in March 2008 at AED 1,120 per sqft, in line with what three-beds in Shams 4 were fetching at the time (AED 1,126). Over the last 12 months three-beds sold for AED 2,555,000 to 3,000,000, around AED 1,492 per sqft, and rent for AED 35,135 to 244,343 a year. 306's AED 200,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,862 sqft | 3,000,000 | 1,611 | ||
| 12 Feb 202612 February 2026 | 1,862 sqft | 2,555,000 | 1,372 | ||
| 23 Oct 202523 October 2025 | 1,862 sqft | 2,950,000 | 1,584 | ||
| 1 Sep 20251 September 2025 | 1,862 sqft | 2,400,000 | 1,288 |
Shams 4
Building225 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%
Other units on the 3rd floor
All 225 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,862 sqft | AED 1.95MAED 1,950,000 · Sep 2021September 2021 | 53 /yr | |
| 302 | 3-bed | 1,862 sqft | AED 2.18MAED 2,175,000 · Jun 2016June 2016 | 53 /yr | |
| 303 | 1-bed | 1,169 sqft | AED 1.24MAED 1,240,000 · Nov 2010November 2010 | 95,000 /yr | |
| 304 | 1-bed | 1,169 sqft | AED 2.2MAED 2,200,000 · Jun 2008June 2008 | 125,000 /yr | |
| 305 | 3-bed | 1,902 sqft | AED 1.68MAED 1,678,460 · Feb 2018February 2018 | 174,000 /yr | |
| 307 | 4-bed | 3,414 sqft | AED 4.85MAED 4,850,000 · Dec 2023December 2023 | 53 /yr |
306, Shams 4 in numbers
- Sold once: by Dubai Properties on 19 March 2008 for AED 2,130,000, or AED 1,120 per sqft.
- Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 11 in 2018 and recovered to AED 200,000 by March 2025.
- At AED 200,000 a year the gross yield on the 2008 price is 9.4%, before a service charge of about AED 31,700 a year (AED 16.65 per sqft).
- Three-beds in Shams 4 sold for AED 2,555,000–3,000,000 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 20 March 2025.
Questions about 306, Shams 4
What did unit 306 last sell for?
AED 2,130,000 on 19 March 2008, sold by the developer: AED 1,120 per sqft for 1,902 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 200,000 a year on the contract signed on 20 March 2025. The previous contract, from September 2023, was AED 53; the unit has been rented since January 2014.
How big is unit 306?
1,902 sqft (176.7 sqm): a three-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 4 sold for AED 2,555,000 to 3,000,000 in the last 12 months, around AED 1,492 per sqft.
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Mortgage on 306, Shams 4
Starts from the last sale price (AED 2.13M, 19 March 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,130,000
- Deposit, UAE resident (20%)
- AED 426,000
- Deposit, non-resident (40%)
- AED 852,000
- Monthly over 25 years at 3.7%
- AED 8,714
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →