2-bed · 1,188 sqftShams 4, Jumeirah Beach Residence · 35th floor · completed 2007

3504, Shams 4

Sold prices and rental history: sold twice, last in February 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 2 April 2018
Last soldAED 2.2M21 February 2008
Current rentAED 120K /yr2 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Shams 4

What is 3504 worth today?

Last sold for AED 2,200,000 in 2008

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2 Apr 2018RentedRenewal
AED 120,000/yr12 months · AED 101 per sqft
2 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
20 Oct 2014RentedRenewal
AED 121,000/yr24 months · AED 102 per sqft
20 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
20 Oct 2012RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
21 Feb 2008SoldReady
AED 2,200,000AED 1,851 per sqft
30 Jan 2008Sold by developerReady
AED 1,783,309AED 1,500 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2018.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
35th of 41
Parking
M267
Developer
Dubai Properties
Completed
2007
Service charge
AED 19,800 /yr
Last sold
AED 2.2M · February 2008
Building
Shams 4

About 3504, Shams 4

3504 is a two-bedroom apartment of 1,188 sqft on the 35th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 February 2008 for AED 2,200,000, or AED 1,851 per sqft, 43% above the AED 1,298 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 2 April 2018, is AED 120,000 a year: a gross yield of 5.5% on the 2008 price, before the service charge of about AED 19,800 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, January 2008: AED 1,783,309 (AED 1,500 per sqft)Sold, February 2008: AED 2,200,000 (AED 1,851 per sqft)

3504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, 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, October 2012: AED 95,000 a yearNew contract, October 2013: AED 100,000 a yearRenewal, October 2014: AED 121,000 a yearNew contract, April 2017: AED 120,000 a yearRenewal, April 2018: AED 120,000 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 3504 sits

All 105 2-beds →

3504 last sold in February 2008 at AED 1,851 per sqft, 43% above what two-beds in Shams 4 were fetching at the time (AED 1,298). 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. 3504's AED 120,000 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 35th floor

All 224 units in Shams 4
Value
35012-bedAED 2.6M · Oct 2015
35022-bedAED 2.1M · Jan 2024
35032-bedAED 1.75M · Oct 2011

3504, Shams 4 in numbers

  • Sold twice: first on 30 January 2008 for AED 1,783,309, last on 21 February 2008 for AED 2,200,000 (AED 1,851 per sqft).
  • Rented since October 2012 on 5 Ejari contracts, from AED 95,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2008 price is 5.5%, 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 2 April 2018.

Questions about 3504, Shams 4

What did unit 3504 last sell for?

AED 2,200,000 on 21 February 2008: AED 1,851 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 1,783,309 in January 2008.

What is the rent for unit 3504?

AED 120,000 a year on the contract renewed on 2 April 2018. The previous contract, from April 2017, was AED 120,000; the unit has been rented since October 2012.

How big is unit 3504?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 35th floor of a 41-storey tower completed in 2007.

What is unit 3504 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 3504, Shams 4

Starts from the last sale price (AED 2.2M, 21 February 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 →