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

3402, Shams 4

Sold prices and rental history: sold 3 times, last in November 2013, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 1.8M17 November 2013
Current rentAED 125K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Shams 4

What is 3402 worth today?

Last sold for AED 1,800,000 in 2013

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25 Jan 2023RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft
25 Jan 2022RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
17 Nov 2013SoldReady
AED 1,800,000AED 1,151 per sqft
2 Jun 2008SoldReady
AED 2,350,000AED 1,503 per sqft
28 Apr 2008Sold by developerReady
AED 2,150,000AED 1,375 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2023.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
34th of 41
Parking
M274
Developer
Dubai Properties
Completed
2007
Service charge
AED 26,000 /yr
Last sold
AED 1.8M · November 2013
Building
Shams 4

About 3402, Shams 4

3402 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 17 November 2013 for AED 1,800,000, or AED 1,151 per sqft, 8% below the AED 1,251 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 January 2023, is AED 125,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 26,000 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, April 2008: AED 2,150,000 (AED 1,375 per sqft)Sold, June 2008: AED 2,350,000 (AED 1,503 per sqft)Sold, November 2013: AED 1,800,000 (AED 1,151 per sqft)

3402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, 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, January 2022: AED 105,000 a yearNew contract, January 2023: AED 125,000 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 3402 sits

All 105 2-beds →

3402 last sold in November 2013 at AED 1,151 per sqft, 8% below what two-beds in Shams 4 were fetching at the time (AED 1,251). 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. 3402's AED 125,000 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 34th floor

All 224 units in Shams 4
Value
34012-bedAED 2M · Dec 2021
34032-bedAED 2.33M · Feb 2008
34042-bedAED 1.42M · Mar 2010

3402, Shams 4 in numbers

  • Sold 3 times: first on 28 April 2008 for AED 2,150,000, last on 17 November 2013 for AED 1,800,000 (AED 1,151 per sqft).
  • Rented since January 2022 on 2 Ejari contracts, from AED 105,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2013 price is 6.9%, 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 25 January 2023.

Questions about 3402, Shams 4

What did unit 3402 last sell for?

AED 1,800,000 on 17 November 2013: AED 1,151 per sqft for 1,563 sqft. The unit has 3 registered sales; the first was AED 2,150,000 in April 2008.

What is the rent for unit 3402?

AED 125,000 a year on the contract signed on 25 January 2023. The previous contract, from January 2022, was AED 105,000.

How big is unit 3402?

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 3402 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 3402, Shams 4

Starts from the last sale price (AED 1.8M, 17 November 2013). 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 →