3-bed · 1,902 sqftShams 4, Jumeirah Beach Residence · 3rd floor · completed 2007

306, Shams 4

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 2.13M19 March 2008
Current rentAED 53 /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shams 4

What is 306 worth today?

Last sold for AED 2,130,000 in 2008

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1 Sep 2023RentedRenewal · flagged as an outlier
AED 53/yr60 months
16 May 2020RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
29 Feb 2020RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
1 Mar 2019RentedNew contract
AED 144,415/yr12 months · AED 76 per sqft
1 Sep 2018RentedRenewal · flagged as an outlier
AED 11/yr60 months
21 Jun 2018RentedRenewal
AED 144,000/yr12 months · AED 76 per sqft
1 Sep 2017RentedNew contract · flagged as an outlier
AED 53/yr12 months
21 Jun 2017RentedRenewal
AED 160,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2023.

Key facts

Type
3-bed apartment
Size
1,902 sqft
Floor
3rd of 41
Parking
M201/ M202
Developer
Dubai Properties
Completed
2007
Service charge
AED 31,700 /yr
Last sold
AED 2.13M · March 2008
Building
Shams 4

About 306, Shams 4

306 is a three-bedroom apartment of 1,902 sqft on the 3rd floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 March 2008 for AED 2,130,000, or AED 1,120 per sqft, in line with the AED 1,126 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 53 a year, before the service charge of about AED 31,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Shams 4
1.5M2M2.5M20082012201620202024Typical sale price by year: 2008 AED 2,237,500; 2009 AED 2,097,200; 2010 AED 1,489,680; 2011 AED 1,750,000; 2012 AED 1,962,500; 2013 AED 2,489,430; 2014 AED 2,575,000; 2015 AED 2,375,000; 2017 AED 2,100,000; 2021 AED 1,856,362; 2022 AED 2,150,000; 2023 AED 2,450,000Sold by developer, March 2008: AED 2,130,000 (AED 1,120 per sqft)

306 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 306, each contractTypical three-bed in Shams 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 140,000; 2014 AED 148,500; 2015 AED 169,400; 2016 AED 165,000; 2017 AED 165,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 114,000; 2023 AED 165,000; 2024 AED 177,500; 2025 AED 195,000; 2026 AED 185,875New contract, January 2014: AED 150,000 a yearNew contract, June 2016: AED 160,000 a yearRenewal, June 2017: AED 160,000 a yearRenewal, June 2018: AED 144,000 a yearNew contract, March 2019: AED 144,415 a yearRenewal, February 2020: AED 120,000 a yearNew contract, May 2020: AED 110,000 a year

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

3-beds in Shams 4, and where 306 sits

All 36 3-beds →

306 last sold in March 2008 at AED 1,120 per sqft, in line with what three-beds in Shams 4 were fetching at the time (AED 1,126). 306's AED 53 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20253,060,000
27 May 20252,900,000
11 Jul 20242,569,000
9 Jul 20242,522,000
0 3-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 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
3041-bedAED 2.2M · Jun 2008
3053-bedAED 1.68M · Feb 2018
3074-bedAED 4.85M · Dec 2023

306, Shams 4 in numbers

  • Sold once: by Dubai Properties on 19 March 2008 for AED 2,130,000, or AED 1,120 per sqft.
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 11 in 2018 and recovered to AED 53 by September 2023.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2023.

Questions about 306, Shams 4

What did unit 306 last sell for?

AED 2,130,000 on 19 March 2008, sold by the developer: AED 1,120 per sqft for 1,902 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 53 a year on the contract renewed on 1 September 2023. The previous contract, from May 2020, was AED 110,000; the unit has been rented since January 2014.

How big is unit 306?

1,902 sqft (176.7 sqm): a three-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2007.

What is unit 306 worth today?

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

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Mortgage on 306, Shams 4

Starts from the last sale price (AED 2.13M, 19 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,000
Deposit, UAE resident (20%)
AED 426,000
Deposit, non-resident (40%)
AED 852,000
Monthly over 25 years at 3.7%
AED 8,714

Plus AED 94,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →