2-bed · 3,016 sqftShams 4, Jumeirah Beach Residence · 40th floor · completed 2007

4002, Shams 4

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 3.4M28 December 2016
Current rentAED 180K /yr24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Shams 4

What is 4002 worth today?

Last sold for AED 3,400,000 in 2016

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24 May 2023RentedNew contract
AED 180,000/yr12 months · AED 60 per sqft
27 Aug 2020RentedNew contract
AED 170,000/yr12 months · AED 56 per sqft
2 Sep 2019RentedNew contract
AED 190,000/yr12 months · AED 63 per sqft
1 May 2019RentedNew contract
AED 190,000/yr12 months · AED 63 per sqft
18 Mar 2019RentedNew contract
AED 200,000/yr12 months · AED 66 per sqft
28 Dec 2016Sold by developerReady
AED 3,400,000AED 1,127 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2023.

Key facts

Type
2-bed apartment
Size
3,016 sqft
Floor
40th of 41
Parking
M-154/M-155
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,200 /yr
Last sold
AED 3.4M · December 2016
Building
Shams 4

About 4002, Shams 4

4002 is a two-bedroom apartment of 3,016 sqft on the 40th floor of Shams 4, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 December 2016 for AED 3,400,000, or AED 1,127 per sqft, 11% below the AED 1,264 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 24 May 2023, is AED 180,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 50,200 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical two-bed in Shams 4
2M2008201320182023Typical 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, December 2016: AED 3,400,000 (AED 1,127 per sqft)

4002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4002, each contractTypical two-bed in Shams 4
100K150K200K2012201620202024Typical 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, March 2019: AED 200,000 a yearNew contract, May 2019: AED 190,000 a yearNew contract, September 2019: AED 190,000 a yearNew contract, August 2020: AED 170,000 a yearNew contract, May 2023: AED 180,000 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 4002 sits

All 105 2-beds →

4002 last sold in December 2016 at AED 1,127 per sqft, 11% below what two-beds in Shams 4 were fetching at the time (AED 1,264). 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. 4002's AED 180,000 is at the top 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 40th floor

All 224 units in Shams 4
Value
40011-bedAED 3.35M · Apr 2018
40031-bedAED 2.95M · Feb 2026
40041-bedAED 1.85M · Sep 2016
40051-bedAED 2M · Aug 2009

4002, Shams 4 in numbers

  • Sold once: by Dubai Properties on 28 December 2016 for AED 3,400,000, or AED 1,127 per sqft.
  • Rented since March 2019 on 5 Ejari contracts, from AED 200,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 50,200 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 24 May 2023.

Questions about 4002, Shams 4

What did unit 4002 last sell for?

AED 3,400,000 on 28 December 2016, sold by the developer: AED 1,127 per sqft for 3,016 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 180,000 a year on the contract signed on 24 May 2023. The previous contract, from August 2020, was AED 170,000; the unit has been rented since March 2019.

How big is unit 4002?

3,016 sqft (280.2 sqm): a two-bedroom apartment on the 40th floor of a 41-storey tower completed in 2007.

What is unit 4002 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 4002, Shams 4

Starts from the last sale price (AED 3.4M, 28 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →