1-bed · 1,171 sqftShams 4, Jumeirah Beach Residence · 23rd floor · completed 2007

2303, Shams 4

Sold prices and rental history: sold 4 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.98M18 July 2022
Current rentAED 175K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Shams 4

What is 2303 worth today?

Last sold for AED 1,975,000 in 2022

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1 Oct 2024RentedNew contract
AED 175,000/yr12 months · AED 149 per sqft
17 Sep 2023RentedNew contract
AED 175,000/yr12 months · AED 151 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
18 Jul 2022SoldReady
AED 1,975,000AED 1,685 per sqft
1 Oct 2019SoldReady
AED 1,300,000AED 1,109 per sqft
1 Sep 2018RentedRenewal
AED 11/yr60 months
1 Jun 2018RentedNew contract
AED 117,500/yr12 months · AED 100 per sqft
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
1,171 sqft
Floor
23rd of 41
Parking
B311
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 1.98M · July 2022
Building
Shams 4

About 2303, Shams 4

2303 is a one-bedroom apartment of 1,171 sqft on the 23rd floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 July 2022 for AED 1,975,000, or AED 1,685 per sqft, 40% above the AED 1,207 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 175,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 19,500 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical one-bed in Shams 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,594,969; 2009 AED 2,000,000; 2010 AED 1,290,171; 2011 AED 1,250,000; 2012 AED 700,000; 2013 AED 1,625,000; 2014 AED 1,930,000; 2015 AED 1,497,485; 2016 AED 1,612,500; 2018 AED 1,410,000; 2019 AED 1,300,000; 2020 AED 1,125,000; 2021 AED 1,207,500; 2022 AED 1,475,000; 2023 AED 1,975,000; 2024 AED 2,000,000Sold by developer, January 2008: AED 1,595,000 (AED 1,361 per sqft)Sold, July 2008: AED 2,570,000 (AED 2,193 per sqft)Sold, October 2019: AED 1,300,000 (AED 1,109 per sqft)Sold, July 2022: AED 1,975,000 (AED 1,685 per sqft)

2303 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2303, each contractTypical one-bed in Shams 4
0100K200K2012201620202024Typical rent by year: 2012 AED 87,265; 2013 AED 96,500; 2014 AED 114,500; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 120,000; 2018 AED 103,000; 2019 AED 86,000; 2020 AED 70,000; 2021 AED 71,000; 2022 AED 79,375; 2023 AED 81,730; 2024 AED 106,500; 2025 AED 112,000New contract, January 2013: AED 110,000 a yearNew contract, March 2016: AED 150,000 a yearNew contract, May 2017: AED 125,000 a yearNew contract, June 2018: AED 117,500 a yearRenewal, September 2018: AED 11 a yearNew contract, September 2023: AED 175,000 a yearNew contract, October 2024: AED 175,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shams 4, and where 2303 sits

All 57 1-beds →

2303 last sold in July 2022 at AED 1,685 per sqft, 40% above what one-beds in Shams 4 were fetching at the time (AED 1,207). Over the last 12 months one-beds sold for AED 2,950,000, around AED 1,840 per sqft, and rent for AED 110,000 to 160,000 a year. 2303's AED 175,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20262,950,000
14 Jul 20252,100,000
13 Dec 20242,575,000
12 Nov 20242,000,000
1 1-bed sale in the last 12 months

Shams 4

Building

224 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,669
Typical sale
AED 2.95M
Typical rent
AED 135K /yr
Typical yield
6.0%
Shams 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 23rd floor

All 224 units in Shams 4
Value
23012-bedAED 2.3M · Jun 2022
23022-bedAED 1.63M · Aug 2018
23041-bedAED 2.1M · Jul 2025
23052-bedAED 2.25M · Oct 2024
23062-bedAED 1.9M · Mar 2025

2303, Shams 4 in numbers

  • Sold 4 times: first on 22 January 2008 for AED 1,595,000, last on 18 July 2022 for AED 1,975,000 (AED 1,685 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 11 in 2018 and recovered to AED 175,000 by October 2024.
  • At AED 175,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 19,500 a year (AED 16.65 per sqft).
  • One-beds in Shams 4 sold for AED 2,950,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,669 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Questions about 2303, Shams 4

What did unit 2303 last sell for?

AED 1,975,000 on 18 July 2022: AED 1,685 per sqft for 1,171 sqft. The unit has 4 registered sales; the first was AED 1,595,000 in January 2008.

What is the rent for unit 2303?

AED 175,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2023, was AED 175,000; the unit has been rented since January 2013.

How big is unit 2303?

1,171 sqft (108.8 sqm): a one-bedroom apartment on the 23rd floor of a 41-storey tower completed in 2007.

What is unit 2303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shams 4 sold for AED 2,950,000 to 2,950,000 in the last 12 months, around AED 1,840 per sqft.

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Mortgage on 2303, Shams 4

Starts from the last sale price (AED 1.98M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

Plus AED 87,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →