2-bed · 1,188 sqftShams 4, Jumeirah Beach Residence · 32nd floor · completed 2007

3204, Shams 4

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 14 June 2021
Last soldAED 1.5M14 June 2021
Current rentAED 80K /yr28 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, Shams 4

What is 3204 worth today?

Last sold for AED 1,500,000 in 2021

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14 Jun 2021SoldReady
AED 1,500,000AED 1,262 per sqft
28 Apr 2021RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
28 Apr 2020RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
28 Apr 2019RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
28 Apr 2018RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
28 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
28 Apr 2016RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
1 Jun 2014RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 14 June 2021.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
32nd of 41
Parking
M286
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,800 /yr
Last sold
AED 1.5M · June 2021
Building
Shams 4

About 3204, Shams 4

3204 is a two-bedroom apartment of 1,188 sqft on the 32nd floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 June 2021 for AED 1,500,000, or AED 1,262 per sqft, 23% above the AED 1,029 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 28 April 2021, is AED 80,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 19,800 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, July 2008: AED 1,750,000 (AED 1,472 per sqft)Sold, June 2021: AED 1,500,000 (AED 1,262 per sqft)

3204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3204, each contractTypical two-bed in Shams 4
75K100K125K2012201620202024Typical 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, June 2014: AED 80,000 a yearNew contract, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearRenewal, April 2018: AED 80,000 a yearRenewal, April 2019: AED 80,000 a yearRenewal, April 2020: AED 80,000 a yearRenewal, April 2021: AED 80,000 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 3204 sits

All 108 2-beds →

3204 last sold in June 2021 at AED 1,262 per sqft, 23% above what two-beds in Shams 4 were fetching at the time (AED 1,029). 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. 3204's AED 80,000 is at the bottom 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 32nd floor

All 225 units in Shams 4
Value
32012-bedAED 2.4M · Jan 2016
32022-bedAED 1.73M · Apr 2017
32032-bedAED 1.73M · Apr 2008

3204, Shams 4 in numbers

  • Sold twice: first on 16 July 2008 for AED 1,750,000, last on 14 June 2021 for AED 1,500,000 (AED 1,262 per sqft).
  • Rented since June 2014 on 7 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 19,800 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 June 2021.

Questions about 3204, Shams 4

What did unit 3204 last sell for?

AED 1,500,000 on 14 June 2021: AED 1,262 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in July 2008.

What is the rent for unit 3204?

AED 80,000 a year on the contract renewed on 28 April 2021. The previous contract, from April 2020, was AED 80,000; the unit has been rented since June 2014.

How big is unit 3204?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 32nd floor of a 41-storey tower completed in 2007.

What is unit 3204 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 3204, Shams 4

Starts from the last sale price (AED 1.5M, 14 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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