Penthouse · 1,719 sqftShams 1, Jumeirah Beach Residence · 42nd floor · completed 2007

4203, Shams 1

Sold prices and rental history: sold twice, last in March 2024, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4203 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 3.28M6 March 2024
Current rentAED 360K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4203, Shams 1

What is 4203 worth today?

Last sold for AED 3,275,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Mar 2024RentedNew contract
AED 360,000/yr12 months · AED 209 per sqft
6 Mar 2024SoldReady
AED 3,275,000AED 1,905 per sqft
19 Sep 2011Sold by developerReady
AED 1,069,182AED 622 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.

Key facts

Type
Penthouse apartment
Size
1,719 sqft
Floor
42nd of 43
Parking
G61/ G62
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,800 /yr
Last sold
AED 3.28M · March 2024
Building
Shams 1

About 4203, Shams 1

4203 is a penthouse of 1,719 sqft on the 42nd floor of Shams 1, a 43-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 March 2024 for AED 3,275,000, or AED 1,905 per sqft, 6% below the AED 2,029 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 7 March 2024. The current contract, signed on 7 March 2024, is AED 360,000 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 25,800 a year.

Sales and rents for 4203 over time

Sales
Unit 4203, each saleTypical penthouse in Shams 1
1M2M3M2011201520192023Typical sale price by year: 2011 AED 1,069,182; 2024 AED 3,275,000Sold by developer, September 2011: AED 1,069,182 (AED 622 per sqft)Sold, March 2024: AED 3,275,000 (AED 1,905 per sqft)

4203 has sold twice; the dashed line is the penthouse median of each year in the building.

Penthouses in Shams 1, and where 4203 sits

All 7 penthouses →

4203 last sold in March 2024 at AED 1,905 per sqft, 6% below what penthouses in Shams 1 were fetching at the time (AED 2,029).

Recent penthouse salesUnit no.Price (AED)Summary
6 Mar 20243,275,000
6 Mar 20243,000,000
12 Sep 202313,000,000
14 Dec 20223,870,000
0 penthouse sales in the last 12 months

Shams 1

Building

309 apartments, 1-bed to 3-bed over 43 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,605
Typical sale
AED 2.39M
Typical rent
AED 145K /yr
Typical yield
6.3%
Shams 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 42nd floor

All 309 units in Shams 1
Value
4201PenthouseAED 3.87M · Dec 2022
4202PenthouseAED 2.65M · Oct 2019
4204PenthouseAED 3M · Mar 2024
4205PenthouseAED 3.28M · Mar 2024

4203, Shams 1 in numbers

  • Sold twice: first on 19 September 2011 for AED 1,069,182, last on 6 March 2024 for AED 3,275,000 (AED 1,905 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2024 price is 11.0%, before a service charge of about AED 25,800 a year (AED 15.02 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.

Questions about 4203, Shams 1

What did unit 4203 last sell for?

AED 3,275,000 on 6 March 2024: AED 1,905 per sqft for 1,719 sqft. The unit has 2 registered sales; the first was AED 1,069,182 in September 2011.

What is the rent for unit 4203?

AED 360,000 a year on the contract signed on 7 March 2024.

How big is unit 4203?

1,719 sqft (159.7 sqm): a penthouse on the 42nd floor of a 43-storey tower completed in 2007.

What is unit 4203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 4203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4203, Shams 1

Starts from the last sale price (AED 3.28M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,275,000
Deposit, UAE resident (20%)
AED 655,000
Deposit, non-resident (40%)
AED 1,310,000
Monthly over 25 years at 3.7%
AED 13,399

Plus AED 142,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →