706, Shams 4
Sold prices and rental history: sold once, by the developer in January 2008, 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 706, Shams 4
What is 706 worth today?
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Source: Dubai Land Department. Updated 18 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 7th of 41
- Parking
- B416
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,700 /yr
- Last sold
- AED 1.6M · January 2008
- Building
- Shams 4
About 706, Shams 4
706 is a two-bedroom apartment of 1,305 sqft on the 7th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 22 January 2008 for AED 1,600,000, or AED 1,226 per sqft, 3% above the AED 1,188 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 129,600 a year: a gross yield of 8.1% on the 2008 price, before the service charge of about AED 21,700 a year.
Sales and rents for 706 over time
706 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shams 4, and where 706 sits
All 108 2-beds →706 last sold in January 2008 at AED 1,226 per sqft, 3% above what two-beds in Shams 4 were fetching at the time (AED 1,188). Over the last 12 months two-beds sold for AED 1,800,000 to 3,100,000, around AED 1,846 per sqft, and rent for AED 95,000 to 200,000 a year. 706's AED 129,600 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202612 May 2026 | 1,188 sqft | 3,000,000 | 2,524 | ||
| 1 May 20261 May 2026 | 1,835 sqft | 2,600,000 | 1,416 | ||
| 26 Mar 202626 March 2026 | 1,188 sqft | 2,380,000 | 2,002 | ||
| 24 Feb 202624 February 2026 | 1,835 sqft | 3,100,000 | 1,689 |
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 | |
| 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 | |
| 707 | 4-bed | 3,414 sqft | AED 2.67MAED 2,666,666 · Sep 2016September 2016 | 53 /yr |
706, Shams 4 in numbers
- Sold once: by Dubai Properties on 22 January 2008 for AED 1,600,000, or AED 1,226 per sqft.
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 53 to AED 11 in 2018 and recovered to AED 129,600 by October 2026.
- At AED 129,600 a year the gross yield on the 2008 price is 8.1%, before a service charge of about AED 21,700 a year (AED 16.65 per sqft).
- Two-beds in Shams 4 sold for AED 1,800,000–3,100,000 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 18 October 2026.
Questions about 706, Shams 4
What did unit 706 last sell for?
AED 1,600,000 on 22 January 2008, sold by the developer: AED 1,226 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 129,600 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 140,000; the unit has been rented since September 2017.
How big is unit 706?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 7th floor of a 41-storey tower completed in 2007.
What is unit 706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shams 4 sold for AED 1,800,000 to 3,100,000 in the last 12 months, around AED 1,846 per sqft.
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Mortgage on 706, Shams 4
Starts from the last sale price (AED 1.6M, 22 January 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →