2-bed · 1,563 sqftShams 4, Jumeirah Beach Residence · 36th floor · completed 2007

3602, Shams 4

Sold prices and rental history: sold 4 times, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 2.1M5 December 2023
Current rentAED 155K /yr3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Shams 4

What is 3602 worth today?

Last sold for AED 2,100,000 in 2023

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5 Dec 2023SoldReady
AED 2,100,000AED 1,343 per sqft
3 Nov 2022RentedNew contract
AED 155,000/yr12 months · AED 99 per sqft
1 Nov 2021RentedNew contract
AED 118,000/yr12 months · AED 76 per sqft
24 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
31 Jul 2019SoldReady
AED 1,177,028AED 753 per sqft
15 Sep 2008SoldReady
AED 2,940,794AED 1,881 per sqft
28 May 2008Sold by developerReady
AED 2,150,000AED 1,375 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
36th of 41
Parking
M269
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,000 /yr
Last sold
AED 2.1M · December 2023
Building
Shams 4

About 3602, Shams 4

3602 is a two-bedroom apartment of 1,563 sqft on the 36th 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 2,100,000, or AED 1,343 per sqft, 8% below the AED 1,458 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 3 November 2022, is AED 155,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 26,000 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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, May 2008: AED 2,150,000 (AED 1,375 per sqft)Sold, September 2008: AED 2,940,794 (AED 1,881 per sqft)Sold, July 2019: AED 1,177,028 (AED 753 per sqft)Sold, December 2023: AED 2,100,000 (AED 1,343 per sqft)

3602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3602, each contractTypical two-bed in Shams 4
100K150K2012201620202024Typical 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, October 2020: AED 110,000 a yearNew contract, November 2021: AED 118,000 a yearNew contract, November 2022: AED 155,000 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 3602 sits

All 108 2-beds →

3602 last sold in December 2023 at AED 1,343 per sqft, 8% below what two-beds in Shams 4 were fetching at the time (AED 1,458). 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. 3602's AED 155,000 is in the upper 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 36th floor

All 225 units in Shams 4
Value
36012-bedAED 2.55M · Jan 2017
36032-bedAED 3M · May 2026
36042-bedAED 1.57M · Apr 2021

3602, Shams 4 in numbers

  • Sold 4 times: first on 28 May 2008 for AED 2,150,000, last on 5 December 2023 for AED 2,100,000 (AED 1,343 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 110,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 26,000 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 5 December 2023.

Questions about 3602, Shams 4

What did unit 3602 last sell for?

AED 2,100,000 on 5 December 2023: AED 1,343 per sqft for 1,563 sqft. The unit has 4 registered sales; the first was AED 2,150,000 in May 2008.

What is the rent for unit 3602?

AED 155,000 a year on the contract signed on 3 November 2022. The previous contract, from November 2021, was AED 118,000; the unit has been rented since October 2020.

How big is unit 3602?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 36th floor of a 41-storey tower completed in 2007.

What is unit 3602 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 3602, Shams 4

Starts from the last sale price (AED 2.1M, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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