2-bed · 1,188 sqftShams 4, Jumeirah Beach Residence · 34th floor · completed 2007

3404, Shams 4

Sold prices and rental history: sold twice, last in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.42M16 March 2010
Current rentAED 148K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Shams 4

What is 3404 worth today?

Last sold for AED 1,424,940 in 2010

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1 Feb 2024RentedRenewal
AED 147,500/yr12 months · AED 125 per sqft
1 Feb 2023RentedNew contract
AED 145,000/yr12 months · AED 122 per sqft
1 Feb 2022RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft
1 Feb 2021RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
1 Jan 2020RentedRenewal
AED 145,000/yr12 months · AED 122 per sqft
1 Jan 2019RentedRenewal
AED 145,000/yr12 months · AED 122 per sqft
1 Jan 2018RentedRenewal
AED 145,000/yr12 months · AED 122 per sqft
1 Jan 2017RentedNew contract
AED 145,000/yr12 months · AED 122 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
34th of 41
Parking
M263
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,800 /yr
Last sold
AED 1.42M · March 2010
Building
Shams 4

About 3404, Shams 4

3404 is a two-bedroom apartment of 1,188 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 16 March 2010 for AED 1,424,940, or AED 1,199 per sqft, 21% above the AED 993 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 147,500 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 19,800 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, June 2008: AED 1,113,450 (AED 936 per sqft)Sold, March 2010: AED 1,424,940 (AED 1,199 per sqft)

3404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3404, 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 2013: AED 135,000 a yearNew contract, January 2017: AED 145,000 a yearRenewal, January 2018: AED 145,000 a yearRenewal, January 2019: AED 145,000 a yearRenewal, January 2020: AED 145,000 a yearNew contract, February 2021: AED 105,000 a yearRenewal, February 2022: AED 105,000 a yearNew contract, February 2023: AED 145,000 a yearRenewal, February 2024: AED 147,500 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 3404 sits

All 105 2-beds →

3404 last sold in March 2010 at AED 1,199 per sqft, 21% above what two-beds in Shams 4 were fetching at the time (AED 993). 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. 3404's AED 147,500 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
34012-bedAED 2M · Dec 2021
34022-bedAED 1.8M · Nov 2013
34032-bedAED 2.33M · Feb 2008

3404, Shams 4 in numbers

  • Sold twice: first on 1 June 2008 for AED 1,113,450, last on 16 March 2010 for AED 1,424,940 (AED 1,199 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2022 and recovered to AED 147,500 by February 2024.
  • At AED 147,500 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 19,800 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 1 February 2024.

Questions about 3404, Shams 4

What did unit 3404 last sell for?

AED 1,424,940 on 16 March 2010: AED 1,199 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 1,113,450 in June 2008.

What is the rent for unit 3404?

AED 147,500 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 145,000; the unit has been rented since January 2013.

How big is unit 3404?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 34th floor of a 41-storey tower completed in 2007.

What is unit 3404 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 3404, Shams 4

Starts from the last sale price (AED 1.42M, 16 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,424,940
Deposit, UAE resident (20%)
AED 284,988
Deposit, non-resident (40%)
AED 569,976
Monthly over 25 years at 3.7%
AED 5,830

Plus AED 64,858 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →