701, Shams 4
Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shams 4
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,862 sqft
- Floor
- 7th of 41
- Parking
- G125/ G126
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,000 /yr
- Last sold
- AED 1.95M · June 2021
- Building
- Shams 4
About 701, Shams 4
701 is a three-bedroom apartment of 1,862 sqft on the 7th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 June 2021 for AED 1,950,000, or AED 1,047 per sqft, 41% above the AED 744 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 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 701 over time
701 has sold twice; 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 701 sits
All 42 3-beds →701 last sold in June 2021 at AED 1,047 per sqft, 41% above what three-beds in Shams 4 were fetching at the time (AED 744). 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. 701'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 7th floor
All 225 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,862 sqft | AED 1.3MAED 1,300,000 · Aug 2020August 2020 | 53 /yr | |
| 703 | 1-bed | 1,171 sqft | AED 1.8MAED 1,800,000 · Sep 2014September 2014 | 100,004 /yr | |
| 704 | 1-bed | 1,171 sqft | AED 1.48MAED 1,475,000 · Jun 2022June 2022 | 53 /yr | |
| 705 | 2-bed | 1,305 sqft | AED 1.3MAED 1,300,000 · Aug 2009August 2009 | 130,000 /yr | |
| 706 | 2-bed | 1,305 sqft | AED 1.6MAED 1,600,000 · Jan 2008January 2008 | 129,600 /yr | |
| 707 | 4-bed | 3,414 sqft | AED 2.67MAED 2,666,666 · Sep 2016September 2016 | 53 /yr |
701, Shams 4 in numbers
- Sold twice: first on 26 December 2013 for AED 2,550,000, last on 2 June 2021 for AED 1,950,000 (AED 1,047 per sqft).
- Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 180,000 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 1 September 2023.
Questions about 701, Shams 4
What did unit 701 last sell for?
AED 1,950,000 on 2 June 2021: AED 1,047 per sqft for 1,862 sqft. The unit has 2 registered sales; the first was AED 2,550,000 in December 2013.
What is the rent for unit 701?
AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from January 2021, was AED 100,000; the unit has been rented since December 2014.
How big is unit 701?
1,862 sqft (173.0 sqm): a three-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.
What is unit 701 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 701, Shams 4
Starts from the last sale price (AED 1.95M, 2 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →