2-bed · 1,263 sqftShams 4, Jumeirah Beach Residence · 24th floor · completed 2007

2405, Shams 4

Sold prices and rental history: sold twice, last in August 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 1 September 2014
Last soldAED 2.2M21 August 2014
Current rentAED 121K /yr1 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Shams 4

What is 2405 worth today?

Last sold for AED 2,200,000 in 2014

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1 Sep 2014RentedNew contract
AED 121,000/yr12 months · AED 96 per sqft
21 Aug 2014SoldReady
AED 2,200,000AED 1,742 per sqft
15 Aug 2013RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
25 May 2010Sold by developerReady
AED 1,850,000AED 1,465 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2014.

Key facts

Type
2-bed apartment
Size
1,263 sqft
Floor
24th of 41
Parking
B356
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 2.2M · August 2014
Building
Shams 4

About 2405, Shams 4

2405 is a two-bedroom apartment of 1,263 sqft on the 24th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 August 2014 for AED 2,200,000, or AED 1,742 per sqft, 5% above the AED 1,655 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 September 2014, is AED 121,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Shams 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,957,589; 2009 AED 1,760,967; 2010 AED 1,443,390; 2011 AED 1,750,000; 2012 AED 1,675,000; 2013 AED 1,792,500; 2014 AED 2,215,000; 2015 AED 2,043,000; 2016 AED 1,750,000; 2017 AED 1,812,500; 2018 AED 1,630,000; 2019 AED 1,300,000; 2020 AED 1,111,111; 2021 AED 1,552,500; 2022 AED 1,821,070; 2023 AED 2,025,000; 2024 AED 2,300,000; 2025 AED 1,900,000Sold by developer, May 2010: AED 1,850,000 (AED 1,465 per sqft)Sold, August 2014: AED 2,200,000 (AED 1,742 per sqft)

2405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Shams 4
100K125K2012201620202024Typical rent by year: 2012 AED 96,500; 2013 AED 125,000; 2014 AED 125,000; 2015 AED 135,000; 2016 AED 131,250; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 126,500; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 135,000New contract, August 2013: AED 110,000 a yearNew contract, September 2014: AED 121,000 a year

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 2405 sits

All 105 2-beds →

2405 last sold in August 2014 at AED 1,742 per sqft, 5% above what two-beds in Shams 4 were fetching at the time (AED 1,655). Over the last 12 months two-beds sold for AED 1,800,000 to 2,690,000, around AED 1,844 per sqft, and rent for AED 130,000 to 180,000 a year. 2405's AED 121,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jun 20252,150,000
28 Mar 20251,900,000
26 Feb 20251,750,000
17 Dec 20242,300,000
2 2-bed sales 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 24th floor

All 224 units in Shams 4
Value
24012-bedAED 2.1M · Apr 2008
24022-bedAED 1.82M · Jul 2022
24031-bedAED 2.55M · Apr 2008
24041-bedAED 1.51M · Apr 2017
24062-bedAED 1.2M · May 2021
24074-bedAED 4.38M · Nov 2012

2405, Shams 4 in numbers

  • Sold twice: first on 25 May 2010 for AED 1,850,000, last on 21 August 2014 for AED 2,200,000 (AED 1,742 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 110,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 21,000 a year (AED 16.65 per sqft).
  • Two-beds in Shams 4 sold for AED 1,800,000–2,690,000 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 September 2014.

Questions about 2405, Shams 4

What did unit 2405 last sell for?

AED 2,200,000 on 21 August 2014: AED 1,742 per sqft for 1,263 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in May 2010.

What is the rent for unit 2405?

AED 121,000 a year on the contract signed on 1 September 2014. The previous contract, from August 2013, was AED 110,000.

How big is unit 2405?

1,263 sqft (117.3 sqm): a two-bedroom apartment on the 24th floor of a 41-storey tower completed in 2007.

What is unit 2405 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 2,690,000 in the last 12 months, around AED 1,844 per sqft.

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Mortgage on 2405, Shams 4

Starts from the last sale price (AED 2.2M, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →