2-bed · 1,188 sqftShams 4, Jumeirah Beach Residence · 36th floor · completed 2007

3604, Shams 4

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3604 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 1.57M1 April 2021
Current rentAED 115K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3604, Shams 4

What is 3604 worth today?

Last sold for AED 1,570,000 in 2021

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1 Apr 2021SoldReady
AED 1,570,000AED 1,321 per sqft
1 Feb 2020RentedRenewal
AED 115,000/yr12 months · AED 97 per sqft
1 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
7 Jan 2018RentedRenewal
AED 135,000/yr12 months · AED 114 per sqft
7 Jan 2017RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
1 Dec 2015RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
1 Dec 2014RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
31 Jul 2013SoldReady
AED 1,507,500AED 1,268 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
36th of 41
Parking
M289
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,800 /yr
Last sold
AED 1.57M · April 2021
Building
Shams 4

About 3604, Shams 4

3604 is a two-bedroom apartment of 1,188 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 1 April 2021 for AED 1,570,000, or AED 1,321 per sqft, 28% above the AED 1,029 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 115,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 19,800 a year.

Sales and rents for 3604 over time

Sales
Unit 3604, 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, February 2008: AED 2,100,000 (AED 1,767 per sqft)Sold, March 2008: AED 2,100,000 (AED 1,767 per sqft)Sold, July 2013: AED 1,507,500 (AED 1,268 per sqft)Sold, April 2021: AED 1,570,000 (AED 1,321 per sqft)

3604 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3604, 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, December 2014: AED 150,000 a yearNew contract, December 2015: AED 150,000 a yearNew contract, January 2017: AED 135,000 a yearRenewal, January 2018: AED 135,000 a yearNew contract, February 2019: AED 115,000 a yearRenewal, February 2020: AED 115,000 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 3604 sits

All 108 2-beds →

3604 last sold in April 2021 at AED 1,321 per sqft, 28% 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. 3604's AED 115,000 is in the lower 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
36022-bedAED 2.1M · Dec 2023
36032-bedAED 3M · May 2026

3604, Shams 4 in numbers

  • Sold 4 times: first on 21 February 2008 for AED 2,100,000, last on 1 April 2021 for AED 1,570,000 (AED 1,321 per sqft).
  • Rented since December 2014 on 6 Ejari contracts, from AED 150,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 7.3%, 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 1 April 2021.

Questions about 3604, Shams 4

What did unit 3604 last sell for?

AED 1,570,000 on 1 April 2021: AED 1,321 per sqft for 1,188 sqft. The unit has 4 registered sales; the first was AED 2,100,000 in February 2008.

What is the rent for unit 3604?

AED 115,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 115,000; the unit has been rented since December 2014.

How big is unit 3604?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 36th floor of a 41-storey tower completed in 2007.

What is unit 3604 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 3604, Shams 4

Starts from the last sale price (AED 1.57M, 1 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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