2-bed · 1,563 sqftShams 4, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Shams 4

Sold prices and rental history: sold 5 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 2M7 December 2021
Current rentAED 150K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Shams 4

What is 3401 worth today?

Last sold for AED 2,000,000 in 2021

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12 Oct 2024RentedRenewal
AED 150,000/yr12 months · AED 96 per sqft
12 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 96 per sqft
1 Jul 2022RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
1 Jul 2022RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft
7 Dec 2021SoldReady
AED 2,000,000AED 1,279 per sqft
1 Jul 2021RentedRenewal
AED 125,000/yr12 months · AED 80 per sqft
29 Jan 2021RentedRenewal
AED 123,294/yr5 months · AED 79 per sqft
29 Jan 2020RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2024.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
34th of 41
Parking
M273
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,000 /yr
Last sold
AED 2M · December 2021
Building
Shams 4

About 3401, Shams 4

3401 is a two-bedroom apartment of 1,563 sqft on the 34th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 December 2021 for AED 2,000,000, or AED 1,279 per sqft, 10% above the AED 1,168 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 12 October 2024, is AED 150,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 26,000 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, each saleTypical two-bed in Shams 4
1M2M3M2008201320182023Typical 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, January 2008: AED 2,450,000 (AED 1,567 per sqft)Sold, March 2009: AED 3,100,000 (AED 1,983 per sqft)Sold, April 2012: AED 1,950,000 (AED 1,247 per sqft)Sold, February 2015: AED 2,950,000 (AED 1,887 per sqft)Sold, December 2021: AED 2,000,000 (AED 1,279 per sqft)

3401 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, each contractTypical two-bed in Shams 4
100K150K2012201620202024Typical 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, January 2015: AED 175,000 a yearNew contract, January 2016: AED 165,000 a yearNew contract, September 2016: AED 160,000 a yearRenewal, September 2017: AED 150,000 a yearNew contract, January 2018: AED 140,500 a yearRenewal, January 2019: AED 140,000 a yearNew contract, January 2020: AED 135,000 a yearRenewal, January 2021: AED 123,294 a yearRenewal, July 2021: AED 125,000 a yearNew contract, July 2022: AED 140,000 a yearRenewal, July 2022: AED 140,000 a yearNew contract, October 2023: AED 150,000 a yearRenewal, October 2024: AED 150,000 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 3401 sits

All 105 2-beds →

3401 last sold in December 2021 at AED 1,279 per sqft, 10% above what two-beds in Shams 4 were fetching at the time (AED 1,168). 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. 3401's AED 150,000 is in the lower half 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 34th floor

All 224 units in Shams 4
Value
34022-bedAED 1.8M · Nov 2013
34032-bedAED 2.33M · Feb 2008
34042-bedAED 1.42M · Mar 2010

3401, Shams 4 in numbers

  • Sold 5 times: first on 22 January 2008 for AED 2,450,000, last on 7 December 2021 for AED 2,000,000 (AED 1,279 per sqft).
  • Rented since January 2015 on 13 Ejari contracts. The rent fell from AED 175,000 to AED 123,294 in 2021 and recovered to AED 150,000 by October 2024.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 26,000 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 12 October 2024.

Questions about 3401, Shams 4

What did unit 3401 last sell for?

AED 2,000,000 on 7 December 2021: AED 1,279 per sqft for 1,563 sqft. The unit has 5 registered sales; the first was AED 2,450,000 in January 2008.

What is the rent for unit 3401?

AED 150,000 a year on the contract renewed on 12 October 2024. The previous contract, from October 2023, was AED 150,000; the unit has been rented since January 2015.

How big is unit 3401?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 34th floor of a 41-storey tower completed in 2007.

What is unit 3401 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 3401, Shams 4

Starts from the last sale price (AED 2M, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →