Home
Dubai prices
About
Research
4-bed · 3,414 sqftShams 4, Jumeirah Beach Residence · 3rd floor · completed 2007

307, Shams 4

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 4.85M5 December 2023
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 307

Property timeline for 307, Shams 4

What is 307 worth today?

Last sold for AED 4,850,000 in 2023

Unlock today's estimate, updated daily, with

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

5 Dec 2023SoldReady
AED 4,850,000AED 1,420 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
17 Aug 2023RentedNew contract
AED 475,000/yr12 months · AED 139 per sqft
31 Jan 2023SoldReady
AED 3,415,000AED 1,000 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
18 Apr 2018SoldReady
AED 2,200,000AED 644 per sqft
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
1 Jun 2017RentedRenewal
AED 160,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
4-bed apartment
Size
3,414 sqft
Floor
3rd of 41
Parking
M282/ T20
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,800 /yr
Last sold
AED 4.85M · December 2023
Building
Shams 4

About 307, Shams 4

307 is a four-bedroom apartment of 3,414 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 5 December 2023 for AED 4,850,000, or AED 1,420 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 56,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical four-bed in Shams 4
5M2008201320182023Typical sale price by year: 2008 AED 4,300,000; 2009 AED 5,824,822; 2010 AED 2,957,360; 2012 AED 4,937,500; 2013 AED 4,200,000; 2014 AED 5,098,500; 2016 AED 2,666,666; 2024 AED 6,159,410; 2025 AED 8,000,000Sold by developer, May 2008: AED 4,500,000 (AED 1,318 per sqft)Sold, April 2018: AED 2,200,000 (AED 644 per sqft)Sold, January 2023: AED 3,415,000 (AED 1,000 per sqft)Sold, December 2023: AED 4,850,000 (AED 1,420 per sqft)

307 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 307, each contractTypical four-bed in Shams 4
200K400K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 268,750; 2016 AED 250,000; 2017 AED 228,000; 2018 AED 220,000; 2019 AED 190,000; 2020 AED 180,000; 2021 AED 171,250; 2022 AED 250,000; 2023 AED 330,000; 2025 AED 352,000; 2026 AED 250,000New contract, June 2015: AED 160,000 a yearRenewal, June 2016: AED 160,000 a yearRenewal, June 2017: AED 160,000 a yearNew contract, August 2023: AED 475,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Shams 4, and where 307 sits

All 23 4-beds →

Over the last 12 months four-beds sold for AED 5,250,000 to 7,930,000, around AED 1,669 per sqft, and rent for AED 130,000 to 352,000 a year. 307's AED 53 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
19 Feb 20267,930,000
6 Feb 20265,700,000
13 Nov 20255,250,000
1 May 20258,000,000
3 4-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 3rd floor

All 225 units in Shams 4
Value
3013-bedAED 1.95M · Sep 2021
3023-bedAED 2.18M · Jun 2016
3031-bedAED 1.24M · Nov 2010
3041-bedAED 2.2M · Jun 2008
3053-bedAED 1.68M · Feb 2018
3063-bedAED 2.13M · Mar 2008

307, Shams 4 in numbers

  • Sold 4 times: first on 12 May 2008 for AED 4,500,000, last on 5 December 2023 for AED 4,850,000 (AED 1,420 per sqft).
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.
  • Four-beds in Shams 4 sold for AED 5,250,000–7,930,000 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 5 December 2023.

Questions about 307, Shams 4

What did unit 307 last sell for?

AED 4,850,000 on 5 December 2023: AED 1,420 per sqft for 3,414 sqft. The unit has 4 registered sales; the first was AED 4,500,000 in May 2008.

What is the rent for unit 307?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from August 2023, was AED 475,000; the unit has been rented since June 2015.

How big is unit 307?

3,414 sqft (317.2 sqm): a four-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Shams 4 sold for AED 5,250,000 to 7,930,000 in the last 12 months, around AED 1,669 per sqft.

Selling 307? 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 307, Shams 4

Starts from the last sale price (AED 4.85M, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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