505, Shams 4
Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Shams 4
What is 505 worth today?
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Source: Dubai Land Department. Updated 27 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,902 sqft
- Floor
- 5th of 41
- Parking
- M320/ T21
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,700 /yr
- Last sold
- AED 1.4M · December 2020
- Building
- Shams 4
About 505, Shams 4
505 is a three-bedroom apartment of 1,902 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 December 2020 for AED 1,400,000, or AED 736 per sqft, in line with the AED 717 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 27 August 2024, is AED 180,000 a year: a gross yield of 12.9% on the 2020 price, before the service charge of about AED 31,700 a year.
Sales and rents for 505 over time
505 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 505 sits
All 42 3-beds →505 last sold in December 2020 at AED 736 per sqft, in line with what three-beds in Shams 4 were fetching at the time (AED 717). 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. 505's AED 180,000 is in the upper half 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 | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,862 sqft | AED 2.45MAED 2,450,000 · Oct 2023October 2023 | 53 /yr | |
| 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 | |
| 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 |
505, Shams 4 in numbers
- Sold 3 times: first on 31 August 2008 for AED 2,400,000, last on 16 December 2020 for AED 1,400,000 (AED 736 per sqft).
- Rented since June 2012 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 11 in 2018 and recovered to AED 180,000 by August 2024.
- At AED 180,000 a year the gross yield on the 2020 price is 12.9%, before a service charge of about AED 31,700 a year (AED 16.65 per sqft).
- 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 27 August 2024.
Questions about 505, Shams 4
What did unit 505 last sell for?
AED 1,400,000 on 16 December 2020: AED 736 per sqft for 1,902 sqft. The unit has 3 registered sales; the first was AED 2,400,000 in August 2008.
What is the rent for unit 505?
AED 180,000 a year on the contract signed on 27 August 2024. The previous contract, from September 2023, was AED 53; the unit has been rented since June 2012.
How big is unit 505?
1,902 sqft (176.7 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2007.
What is unit 505 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 505, Shams 4
Starts from the last sale price (AED 1.4M, 16 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →