3-bed · 3,255 sqftShams 4, Jumeirah Beach Residence · completed 2007

LP02, Shams 4

Sold prices and rental history: sold twice, last in August 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit LP02 · DLD and Ejari recordsUpdated 21 August 2008
Last soldAED 2.29M21 August 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for LP02, Shams 4

What is LP02 worth today?

Last sold for AED 2,293,200 in 2008

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21 Aug 2008SoldReady
AED 2,293,200AED 704 per sqft
12 Aug 2008Sold by developerReady
AED 3,875,000AED 1,190 per sqft

Source: Dubai Land Department. Updated 21 August 2008.

Key facts

Type
3-bed apartment
Size
3,255 sqft
Parking
G313/ G314
Developer
Dubai Properties
Completed
2007
Service charge
AED 54,200 /yr
Last sold
AED 2.29M · August 2008
Building
Shams 4

About LP02, Shams 4

LP02 is a three-bedroom apartment of 3,255 sqft of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 August 2008 for AED 2,293,200, or AED 704 per sqft, 40% below the AED 1,176 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for LP02 over time

Sales
Unit LP02, each saleTypical three-bed in Shams 4
2M4M2008201320182023Typical sale price by year: 2008 AED 2,275,000; 2009 AED 2,097,200; 2010 AED 1,489,680; 2011 AED 1,750,000; 2012 AED 1,762,500; 2013 AED 2,389,430; 2014 AED 2,575,000; 2015 AED 2,550,000; 2016 AED 2,175,000; 2017 AED 2,100,000; 2020 AED 1,350,000; 2021 AED 1,856,362; 2022 AED 2,150,000; 2023 AED 2,450,000; 2024 AED 2,522,000; 2025 AED 2,925,000Sold, August 2008: AED 2,293,200 (AED 704 per sqft)Sold by developer, August 2008: AED 3,875,000 (AED 1,190 per sqft)

LP02 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit LP02, each contractTypical three-bed in Shams 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 140,000; 2014 AED 147,000; 2015 AED 167,200; 2016 AED 167,500; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 107,500; 2021 AED 100,000; 2022 AED 114,000; 2023 AED 155,000; 2024 AED 177,500; 2025 AED 200,000; 2026 AED 177,000

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 LP02 sits

All 42 3-beds →

LP02 last sold in August 2008 at AED 704 per sqft, 40% below what three-beds in Shams 4 were fetching at the time (AED 1,176). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Sep 20263,000,000
12 Feb 20262,555,000
23 Oct 20252,950,000
1 Sep 20252,400,000
2 3-bed sales in the last 12 months

Shams 4

Building

225 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%
Shams 4, Jumeirah Beach Residence: prices, sales and rents →

LP02, Shams 4 in numbers

  • Sold twice: first on 12 August 2008 for AED 3,875,000, last on 21 August 2008 for AED 2,293,200 (AED 704 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 21 August 2008.

Questions about LP02, Shams 4

What did unit LP02 last sell for?

AED 2,293,200 on 21 August 2008: AED 704 per sqft for 3,255 sqft. The unit has 2 registered sales; the first was AED 3,875,000 in August 2008.

How big is unit LP02?

3,255 sqft (302.4 sqm): a three-bedroom apartment of a 41-storey tower completed in 2007.

What is unit LP02 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 LP02, Shams 4

Starts from the last sale price (AED 2.29M, 21 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,293,200
Deposit, UAE resident (20%)
AED 458,640
Deposit, non-resident (40%)
AED 917,280
Monthly over 25 years at 3.7%
AED 9,382

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →