2-bed · 1,188 sqftShams 4, Jumeirah Beach Residence · 37th floor · completed 2007

3704, Shams 4

Sold prices and rental history: sold 5 times, last in March 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 20 August 2021
Last soldAED 1.23M15 March 2020
Current rentAED 111K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, Shams 4

What is 3704 worth today?

Last sold for AED 1,225,000 in 2020

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20 Aug 2021RentedNew contract
AED 111,000/yr14 months · AED 94 per sqft
15 Mar 2020SoldReady
AED 1,225,000AED 1,030 per sqft
16 Feb 2020SoldReady
AED 930,000AED 782 per sqft
2 Jan 2019RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
27 Sep 2010SoldReady
AED 1,528,543AED 1,286 per sqft
16 Mar 2010SoldReady
AED 950,640AED 799 per sqft
1 Jun 2008Sold by developerReady
AED 1,113,450AED 936 per sqft

Source: Dubai Land Department. Updated 20 August 2021.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
37th of 41
Parking
M293
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,800 /yr
Last sold
AED 1.23M · March 2020
Building
Shams 4

About 3704, Shams 4

3704 is a two-bedroom apartment of 1,188 sqft on the 37th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 March 2020 for AED 1,225,000, or AED 1,030 per sqft, 11% above the AED 927 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 August 2021, is AED 111,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 19,800 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, 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, June 2008: AED 1,113,450 (AED 936 per sqft)Sold, March 2010: AED 950,640 (AED 799 per sqft)Sold, September 2010: AED 1,528,543 (AED 1,286 per sqft)Sold, February 2020: AED 930,000 (AED 782 per sqft)Sold, March 2020: AED 1,225,000 (AED 1,030 per sqft)

3704 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, each contractTypical two-bed in Shams 4
100K125K2012201620202024Typical 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, January 2019: AED 110,000 a yearNew contract, August 2021: AED 111,000 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 3704 sits

All 108 2-beds →

3704 last sold in March 2020 at AED 1,030 per sqft, 11% above what two-beds in Shams 4 were fetching at the time (AED 927). 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. 3704's AED 111,000 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 37th floor

All 225 units in Shams 4
Value
37012-bedAED 1.85M · Aug 2011
37022-bedAED 1.65M · Oct 2012
37032-bedAED 2.38M · Mar 2023

3704, Shams 4 in numbers

  • Sold 5 times: first on 1 June 2008 for AED 1,113,450, last on 15 March 2020 for AED 1,225,000 (AED 1,030 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, from AED 110,000 to AED 111,000 a year.
  • At AED 111,000 a year the gross yield on the 2020 price is 9.1%, 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 20 August 2021.

Questions about 3704, Shams 4

What did unit 3704 last sell for?

AED 1,225,000 on 15 March 2020: AED 1,030 per sqft for 1,188 sqft. The unit has 5 registered sales; the first was AED 1,113,450 in June 2008.

What is the rent for unit 3704?

AED 111,000 a year on the contract signed on 20 August 2021. The previous contract, from January 2019, was AED 110,000.

How big is unit 3704?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 37th floor of a 41-storey tower completed in 2007.

What is unit 3704 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 3704, Shams 4

Starts from the last sale price (AED 1.23M, 15 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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