702, Shams 4
Sold prices and rental history: sold 4 times, last in August 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Shams 4
What is 702 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
- M331/ M332
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,000 /yr
- Last sold
- AED 1.3M · August 2020
- Building
- Shams 4
About 702, Shams 4
702 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 25 August 2020 for AED 1,300,000, or AED 698 per sqft, in line with the AED 698 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 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 702 over time
702 has sold 4 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 702 sits
All 42 3-beds →702 last sold in August 2020 at AED 698 per sqft, in line with what three-beds in Shams 4 were fetching at the time (AED 698). 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. 702'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 | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,862 sqft | AED 1.95MAED 1,950,000 · Jun 2021June 2021 | 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 |
702, Shams 4 in numbers
- Sold 4 times: first on 12 August 2008 for AED 2,180,000, last on 25 August 2020 for AED 1,300,000 (AED 698 per sqft).
- Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 145,000 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 702, Shams 4
What did unit 702 last sell for?
AED 1,300,000 on 25 August 2020: AED 698 per sqft for 1,862 sqft. The unit has 4 registered sales; the first was AED 2,180,000 in August 2008.
What is the rent for unit 702?
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 2017.
How big is unit 702?
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 702 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 702, Shams 4
Starts from the last sale price (AED 1.3M, 25 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →