501, Shams 4
Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Shams 4
What is 501 worth today?
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Source: Dubai Land Department. Updated 16 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,862 sqft
- Floor
- 5th of 41
- Parking
- G129/ G130
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,000 /yr
- Last sold
- AED 2.45M · October 2023
- Building
- Shams 4
About 501, Shams 4
501 is a three-bedroom apartment of 1,862 sqft on the 5th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 October 2023 for AED 2,450,000, or AED 1,315 per sqft.
It has been rented continuously since 2016 on 6 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 501 over time
501 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 501 sits
All 42 3-beds →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. 501's AED 53 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,862 sqft | 3,000,000 | 1,611 | ||
| 12 Feb 202612 February 2026 | 1,862 sqft | 2,555,000 | 1,372 | ||
| 23 Oct 202523 October 2025 | 1,862 sqft | 2,950,000 | 1,584 | ||
| 1 Sep 20251 September 2025 | 1,862 sqft | 2,400,000 | 1,288 |
Shams 4
Building225 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%
Other units on the 5th floor
All 225 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,862 sqft | AED 2.35MAED 2,350,000 · Sep 2013September 2013 | 53 /yr | |
| 503 | 1-bed | 1,169 sqft | AED 1.05MAED 1,050,000 · Jan 2020January 2020 | 110,000 /yr | |
| 504 | 1-bed | 1,169 sqft | AED 1.24MAED 1,240,000 · Mar 2013March 2013 | 129,000 /yr | |
| 505 | 3-bed | 1,902 sqft | AED 1.4MAED 1,400,000 · Dec 2020December 2020 | 180,000 /yr | |
| 506 | 3-bed | 1,902 sqft | AED 1.7MAED 1,700,000 · Sep 2012September 2012 | 53 /yr | |
| 507 | 4-bed | 3,414 sqft | AED 2.67MAED 2,666,666 · Sep 2016September 2016 | 53 /yr |
501, Shams 4 in numbers
- Sold 3 times: first on 7 March 2013 for AED 2,428,860, last on 16 October 2023 for AED 2,450,000 (AED 1,315 per sqft).
- Rented since April 2016 on 6 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 16 October 2023.
Questions about 501, Shams 4
What did unit 501 last sell for?
AED 2,450,000 on 16 October 2023: AED 1,315 per sqft for 1,862 sqft. The unit has 3 registered sales; the first was AED 2,428,860 in March 2013.
What is the rent for unit 501?
AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from September 2018, was AED 11; the unit has been rented since April 2016.
How big is unit 501?
1,862 sqft (173.0 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.
What is unit 501 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 501, Shams 4
Starts from the last sale price (AED 2.45M, 16 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →