1-bed · 1,169 sqftShams 4, Jumeirah Beach Residence · 4th floor · completed 2007

403, Shams 4

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.55M26 November 2008
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Shams 4

What is 403 worth today?

Last sold for AED 1,550,000 in 2008

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1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
24 Aug 2022RentedNew contract
AED 93,000/yr12 months · AED 79 per sqft
16 Mar 2021RentedRenewal
AED 74,000/yr12 months · AED 63 per sqft
16 Mar 2020RentedRenewal
AED 79,800/yr12 months · AED 68 per sqft
16 Mar 2019RentedNew contract
AED 76,000/yr12 months · AED 65 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
15 Nov 2016RentedRenewal
AED 88,751/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
1,169 sqft
Floor
4th of 41
Parking
B395
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 1.55M · November 2008
Building
Shams 4

About 403, Shams 4

403 is a one-bedroom apartment of 1,169 sqft on the 4th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 26 November 2008 for AED 1,550,000, or AED 1,325 per sqft, in line with the AED 1,361 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 19,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Shams 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,594,969; 2009 AED 2,000,000; 2010 AED 1,290,171; 2011 AED 1,250,000; 2012 AED 700,000; 2013 AED 1,625,000; 2014 AED 2,060,000; 2015 AED 1,497,485; 2016 AED 1,550,000; 2018 AED 1,410,000; 2019 AED 1,240,000; 2020 AED 1,125,000; 2021 AED 1,150,000; 2022 AED 1,475,000; 2023 AED 1,975,000; 2024 AED 2,000,000; 2025 AED 2,050,000Sold by developer, November 2008: AED 1,550,000 (AED 1,325 per sqft)

403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, each contractTypical one-bed in Shams 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 87,265; 2013 AED 96,500; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 117,000; 2017 AED 119,678; 2018 AED 104,233; 2019 AED 87,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,375; 2023 AED 83,230; 2024 AED 106,500; 2025 AED 112,000; 2026 AED 100,000New contract, November 2012: AED 70,000 a yearRenewal, November 2013: AED 73,500 a yearRenewal, November 2014: AED 84,525 a yearRenewal, November 2015: AED 84,525 a yearRenewal, November 2016: AED 88,751 a yearNew contract, March 2019: AED 76,000 a yearRenewal, March 2020: AED 79,800 a yearRenewal, March 2021: AED 74,000 a yearNew contract, August 2022: AED 93,000 a year

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

1-beds in Shams 4, and where 403 sits

All 58 1-beds →

403 last sold in November 2008 at AED 1,325 per sqft, in line with what one-beds in Shams 4 were fetching at the time (AED 1,361). Over the last 12 months one-beds sold for AED 2,950,000, around AED 1,840 per sqft, and rent for AED 80,000 to 180,000 a year. 403's AED 53 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20262,950,000
1 Oct 20252,050,000
14 Jul 20252,100,000
26 Feb 20251,550,000
1 1-bed sale 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
4023-bedAED 2.52M · Jul 2024
4041-bedAED 1.1M · Aug 2018
4053-bedAED 2.36M · Apr 2008
4063-bedAED 2.13M · Mar 2008

403, Shams 4 in numbers

  • Sold once: by Dubai Properties on 26 November 2008 for AED 1,550,000, or AED 1,325 per sqft.
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.
  • One-beds in Shams 4 sold for AED 2,950,000–2,950,000 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 September 2023.

Questions about 403, Shams 4

What did unit 403 last sell for?

AED 1,550,000 on 26 November 2008, sold by the developer: AED 1,325 per sqft for 1,169 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from August 2022, was AED 93,000; the unit has been rented since November 2012.

How big is unit 403?

1,169 sqft (108.6 sqm): a one-bedroom apartment on the 4th floor of a 41-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 4 sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 1,840 per sqft.

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Mortgage on 403, Shams 4

Starts from the last sale price (AED 1.55M, 26 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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