1-bed · 1,169 sqftShams 4, Jumeirah Beach Residence · 3rd floor · completed 2007

304, Shams 4

Sold prices and rental history: sold twice, last in June 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 2.2M9 June 2008
Current rentAED 125K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Shams 4

What is 304 worth today?

Last sold for AED 2,200,000 in 2008

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18 Nov 2024RentedRenewal
AED 125,000/yr12 months · AED 107 per sqft
18 Nov 2023RentedNew contract
AED 125,000/yr12 months · AED 107 per sqft
1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
9 Jun 2008SoldReady
AED 2,200,000AED 1,881 per sqft
30 Jan 2008Sold by developerReady
AED 1,280,000AED 1,094 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
1-bed apartment
Size
1,169 sqft
Floor
3rd of 41
Parking
B394
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,500 /yr
Last sold
AED 2.2M · June 2008
Building
Shams 4

About 304, Shams 4

304 is a one-bedroom apartment of 1,169 sqft on the 3rd floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 June 2008 for AED 2,200,000, or AED 1,881 per sqft, 38% above the AED 1,361 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 18 November 2024, is AED 125,000 a year: a gross yield of 5.7% on the 2008 price, before the service charge of about AED 19,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 1,280,000 (AED 1,094 per sqft)Sold, June 2008: AED 2,200,000 (AED 1,881 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Shams 4
75K100K125K2012201620202024Typical 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, November 2023: AED 125,000 a yearRenewal, November 2024: AED 125,000 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 304 sits

All 57 1-beds →

304 last sold in June 2008 at AED 1,881 per sqft, 38% above what one-beds in Shams 4 were fetching at the time (AED 1,361). 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. 304's AED 125,000 is in the lower half 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 3rd floor

All 224 units in Shams 4
Value
3013-bedAED 1.95M · Sep 2021
3023-bedAED 2.18M · Jun 2016
3031-bedAED 1.24M · Nov 2010
3053-bedAED 1.68M · Feb 2018
3063-bedAED 2.13M · Mar 2008
3074-bedAED 4.85M · Dec 2023

304, Shams 4 in numbers

  • Sold twice: first on 30 January 2008 for AED 1,280,000, last on 9 June 2008 for AED 2,200,000 (AED 1,881 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 53 to AED 11 in 2018 and recovered to AED 125,000 by November 2024.
  • At AED 125,000 a year the gross yield on the 2008 price is 5.7%, 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 18 November 2024.

Questions about 304, Shams 4

What did unit 304 last sell for?

AED 2,200,000 on 9 June 2008: AED 1,881 per sqft for 1,169 sqft. The unit has 2 registered sales; the first was AED 1,280,000 in January 2008.

What is the rent for unit 304?

AED 125,000 a year on the contract renewed on 18 November 2024. The previous contract, from November 2023, was AED 125,000; the unit has been rented since September 2017.

How big is unit 304?

1,169 sqft (108.6 sqm): a one-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.

What is unit 304 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 304, Shams 4

Starts from the last sale price (AED 2.2M, 9 June 2008). 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 →