2902, Shams 4
Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Shams 4
What is 2902 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,567 sqft
- Floor
- 29th of 41
- Parking
- M150
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.8M · October 2022
- Building
- Shams 4
About 2902, Shams 4
2902 is a two-bedroom apartment of 1,567 sqft on the 29th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 October 2022 for AED 1,800,000, or AED 1,148 per sqft, in line with the AED 1,119 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 21 June 2024, is AED 95,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 26,100 a year.
Sales and rents for 2902 over time
2902 has sold 4 times; 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 2902 sits
All 105 2-beds →2902 last sold in October 2022 at AED 1,148 per sqft, in line with what two-beds in Shams 4 were fetching at the time (AED 1,119). 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. 2902's AED 95,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 1,263 sqft | 2,150,000 | 1,702 | ||
| 28 Mar 202528 March 2025 | 1,263 sqft | 1,900,000 | 1,504 | ||
| 26 Feb 202526 February 2025 | 1,263 sqft | 1,750,000 | 1,386 | ||
| 17 Dec 202417 December 2024 | 1,263 sqft | 2,300,000 | 1,821 |
Shams 4
Building224 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%
Other units on the 29th floor
All 224 units in Shams 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,567 sqft | AED 2.85MAED 2,850,000 · Jan 2024January 2024 | ||
| 2903 | 2-bed | 1,178 sqft | AED 1.98MAED 1,980,000 · Jun 2014June 2014 | 110,024 /yr | |
| 2904 | 2-bed | 1,178 sqft | AED 1MAED 1,000,000 · Sep 2019September 2019 | 145,000 /yr | |
| 2905 | 2-bed | 1,266 sqft | AED 1.93MAED 1,930,000 · Dec 2008December 2008 | 147,000 /yr | |
| 2906 | 2-bed | 1,266 sqft | AED 1.4MAED 1,400,000 · Nov 2019November 2019 | 133,882 /yr |
2902, Shams 4 in numbers
- Sold 4 times: first on 14 April 2008 for AED 1,950,000, last on 4 October 2022 for AED 1,800,000 (AED 1,148 per sqft).
- Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2019 and recovered to AED 95,000 by June 2024.
- At AED 95,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 26,100 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 21 June 2024.
Questions about 2902, Shams 4
What did unit 2902 last sell for?
AED 1,800,000 on 4 October 2022: AED 1,148 per sqft for 1,567 sqft. The unit has 4 registered sales; the first was AED 1,950,000 in April 2008.
What is the rent for unit 2902?
AED 95,000 a year on the contract signed on 21 June 2024. The previous contract, from January 2024, was AED 90,000; the unit has been rented since October 2013.
How big is unit 2902?
1,567 sqft (145.6 sqm): a two-bedroom apartment on the 29th floor of a 41-storey tower completed in 2007.
What is unit 2902 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 2902, Shams 4
Starts from the last sale price (AED 1.8M, 4 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →