3-bed · 1,862 sqftShams 4, Jumeirah Beach Residence · 4th floor · completed 2007

402, Shams 4

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 2.52M9 July 2024
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shams 4

What is 402 worth today?

Last sold for AED 2,522,000 in 2024

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9 Jul 2024SoldReady
AED 2,522,000AED 1,354 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
12 Jul 2023RentedNew contract
AED 165,000/yr12 months · AED 89 per sqft
15 Jun 2022RentedNew contract
AED 129,637/yr13 months · AED 70 per sqft
25 Jul 2021RentedRenewal
AED 92,000/yr12 months · AED 49 per sqft
25 Jul 2020RentedNew contract
AED 92,000/yr12 months · AED 49 per sqft
2 Sep 2019RentedNew contract
AED 112,000/yr12 months · AED 60 per sqft
1 Dec 2018RentedRenewal
AED 140,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
3-bed apartment
Size
1,862 sqft
Floor
4th of 41
Parking
M347/ M348
Developer
Dubai Properties
Completed
2007
Service charge
AED 31,000 /yr
Last sold
AED 2.52M · July 2024
Building
Shams 4

About 402, Shams 4

402 is a three-bedroom apartment of 1,862 sqft on the 4th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 July 2024 for AED 2,522,000, or AED 1,354 per sqft, 7% above the AED 1,264 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 31,000 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Shams 4
2M3M2008201320182023Typical sale price by year: 2008 AED 2,275,000; 2009 AED 2,097,200; 2010 AED 1,489,680; 2011 AED 1,750,000; 2012 AED 1,762,500; 2013 AED 2,389,430; 2014 AED 2,575,000; 2015 AED 2,550,000; 2016 AED 2,175,000; 2017 AED 2,100,000; 2020 AED 1,350,000; 2021 AED 1,856,362; 2022 AED 2,150,000; 2023 AED 2,450,000; 2024 AED 2,522,000; 2025 AED 2,925,000Sold by developer, February 2008: AED 2,000,000 (AED 1,074 per sqft)Sold, July 2024: AED 2,522,000 (AED 1,354 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shams 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 140,000; 2014 AED 147,000; 2015 AED 167,200; 2016 AED 167,500; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 107,500; 2021 AED 100,000; 2022 AED 114,000; 2023 AED 155,000; 2024 AED 177,500; 2025 AED 200,000; 2026 AED 177,000New contract, November 2015: AED 170,000 a yearNew contract, December 2016: AED 170,000 a yearRenewal, December 2017: AED 155,000 a yearRenewal, December 2018: AED 140,000 a yearNew contract, September 2019: AED 112,000 a yearNew contract, July 2020: AED 92,000 a yearRenewal, July 2021: AED 92,000 a yearNew contract, June 2022: AED 129,637 a yearNew contract, July 2023: AED 165,000 a year

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

3-beds in Shams 4, and where 402 sits

All 42 3-beds →

402 last sold in July 2024 at AED 1,354 per sqft, 7% above what three-beds in Shams 4 were fetching at the time (AED 1,264). Over the last 12 months three-beds sold for AED 2,555,000 to 3,000,000, around AED 1,492 per sqft, and rent for AED 35,135 to 244,343 a year. 402's AED 53 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Sep 20263,000,000
12 Feb 20262,555,000
23 Oct 20252,950,000
1 Sep 20252,400,000
2 3-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 4th floor

All 225 units in Shams 4
Value
4013-bedAED 1.8M · Sep 2011
4031-bedAED 1.55M · Nov 2008
4041-bedAED 1.1M · Aug 2018
4053-bedAED 2.36M · Apr 2008
4063-bedAED 2.13M · Mar 2008

402, Shams 4 in numbers

  • Sold twice: first on 24 February 2008 for AED 2,000,000, last on 9 July 2024 for AED 2,522,000 (AED 1,354 per sqft).
  • Rented since November 2015 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.
  • Three-beds in Shams 4 sold for AED 2,555,000–3,000,000 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 9 July 2024.

Questions about 402, Shams 4

What did unit 402 last sell for?

AED 2,522,000 on 9 July 2024: AED 1,354 per sqft for 1,862 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in February 2008.

What is the rent for unit 402?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from July 2023, was AED 165,000; the unit has been rented since November 2015.

How big is unit 402?

1,862 sqft (173.0 sqm): a three-bedroom apartment on the 4th floor of a 41-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shams 4 sold for AED 2,555,000 to 3,000,000 in the last 12 months, around AED 1,492 per sqft.

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Mortgage on 402, Shams 4

Starts from the last sale price (AED 2.52M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,522,000
Deposit, UAE resident (20%)
AED 504,400
Deposit, non-resident (40%)
AED 1,008,800
Monthly over 25 years at 3.7%
AED 10,318

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